State Farm offers the best life insurance in Delaware and across the country, earning a MoneyGeek Score of 99 out of 100 for customer service, affordability, and coverage options. We also recommend GEICO, Haven, Nationwide, and Mutual of Omaha as some of the best affordable alternatives.
Best Life Insurance Companies in Delaware (June 2025)
Updated: June 9, 2025
Advertising & Editorial Disclosure
Key Takeaways
Life insurance rates don’t change by state, but in Delaware, the best providers are State Farm, GEICO, Haven, Nationwide, and Mutual of Omaha.
GEICO delivers the cheapest life insurance options in Delaware and nationwide, with monthly rates beginning at $4.
To get the best life insurance in Delaware, we recommend deciding on coverage beforehand, researching costs and companies, and comparing plenty of providers.
Best Life Insurance Providers in Delaware
| State Farm | 99 | $6 |
| GEICO | 98 | $4 |
| Haven | 97 | $4 |
| Nationwide | 97 | $4 |
| Mutual of Omaha | 96 | $4 |
*Rates presented are for coverage levels between $250-$500K for a 20 year term life insurance plan for a 40-year-old man in good health who does not smoke.
Best Life Insurance in Delaware By Category
While the top life insurance provider is a great choice for many, the best fit can differ based on your personal situation. Below, we’ll break down the leading options for various buyer profiles.
| Young Adults | Progressive | $2 |
| Seniors | GEICO | $21 |
| Smokers | Nationwide | $9 |
| High Coverage | Nationwide | $14 |
Compare Personalized Best Delaware Life Insurance Picks
To help you find life insurance recommendations that fit your needs, we've included a filterable table below, making it easy to match options to your profile.
Data filtered by:Results filtered by:
Select
Age:41-50
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Gender:M
Select
Coverage Level:250k-500k
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Term:10
Select
Health Level:Excellent
| State Farm | 99 | $7 |
| GEICO | 98 | $4 |
| Nationwide | 97 | $5 |
| Haven | 97 | $5 |
| Mutual of Omaha | 96 | $5 |
| Protective | 95 | $6 |
| Prudential | 94 | $6 |
| AAA | 92 | $8 |
| Allstate | 92 | $5 |
| Transamerica | 90 | $5 |
Rates in this table differ from the main comparison due to the broader age range (41 to 50 vs. 40) and flexible term selection rather than a fixed 20-year term.
How to Find the Best Life Insurance in Delaware
Here's a breakdown of essential tips for finding the right life insurance for you in Delaware:
- 1
Decide coverage beforehand
Finding out how much life insurance you need is crucial before purchasing. It allows you to compare prices fairly and avoid being oversold by agents. Learn more about assessing your needs here: https://www.moneygeek.com/insurance/life/how-much-life-insurance-do-i-need/.
- 2
Research costs for your profile
Check average life insurance costs based on your coverage level and personal profile. This helps in assessing if you’re getting a good deal. Generally, location does not impact life insurance rates.
- 3
Compare company reputations
Insurance rates generally remain consistent across states, but understanding local reputations can guide you to the right provider. Use resources like J.D. Power, online forums and independent agents to evaluate companies.
- 4
Compare quotes through multiple avenues
Evaluate quotes from multiple companies directly. The rate you find varies based on the source. For instance, if you find rates information online or from an independent agent
Best Life Insurance in Delaware: Bottom Line
We found the top three life insurance companies in Delaware are State Farm, GEICO, and Haven. While these are our recommendations, do your own research, decide on a coverage level, and compare quotes to get the best deal possible.
Delaware Life Insurance: FAQ
Explore our expert answers to common life insurance questions for residents of Delaware.
What is the best life insurance in Delaware?
In Delaware, State Farm offers the best overall life insurance, highlighting top-rated customer service nationwide, affordable rates at approximately $6 monthly, and strong term life coverage options.
How do you get the best life insurance in Delaware?
To secure the best life insurance in Delaware, start by determining your coverage needs, then methodically research insurers and compare their rates and reputations.
Do life insurance rates differ by state?
No, life insurance rates are generally the same across states since insurers use consistent underwriting criteria nationwide based on age, health and coverage amount. However, minor variations can occur due to state-specific taxes, fees or regulations, and some insurers may not be available in all states, which can affect your options and pricing.
How We Decided the Best Life Insurance in Delaware
MoneyGeek created a scoring system to compare life insurance companies across five categories and ranked them based on their scores. We selected companies to review based on their broad national coverage and ability to provide an online quote.
MoneyGeek's Scoring System
In our unique scoring system, companies can earn up to five points in each of five categories. We then use these category scores to calculate an overall MoneyGeek score out of 100. We applied the following base weightings to score insurers:
- Affordability: 60%
- Financial Stability: 5%
- Buying Process: 5%
- Customer Satisfaction: 20%
- Product Diversity: 10%
Each company's score incorporates:
- Cost data obtained through online quotes
- Financial strength ratings from AM Best and the number of years in business
- Customer satisfaction data from the National Association of Insurance Commissioners (NAIC) customer complaint index (we reviewed annual complaint data from 2020 to 2022, the most recent year available)
- Availability of tools to aid in the buying process, such as online product materials and multiple payment options
- Diversity of life insurance products offered
Sample Customer Profile
MoneyGeek used a standard profile to obtain life insurance quotes in Delaware:
- 40-year-old nonsmoker
- Average height and healthy weight
- Excellent health rating
We modified the profile by age, gender, height, weight, tobacco use, health rating and geographic location to collect a variety of quotes and determine the best life insurance company for several types of customers. We collected quotes for term life insurance with varying term lengths and coverage amounts, as well.
When necessary, we identified trends in the dataset and used those patterns to calculate projections and extend the data beyond what was originally collected.
About Mark Fitzpatrick
Mark Fitzpatrick is a senior content director at MoneyGeek with over five years of experience analyzing the insurance market, conducting original research and creating content that can be personalized for every buyer. He has been quoted on insurance topics in several publications, including CNBC, NBC News and Mashable.
Mark earned a master's degree in Economics and International Relations from Johns Hopkins University and a bachelor's degree from Boston College. He is passionate about using his economics and insurance knowledge to bring transparency around financial topics and help others feel confident in their money moves.