How To Make Your Newark, DE Home Insurance Cheaper
Newark, DE, homeowners insurance is about $756. V Home Insurance detailed analysis provides guidance to shoppers by choosing the right insurance provider for factors such as home value, coverage, and deductible. Enter your Zip Code below and click “GO” to get multiple free quotes.
Comparison of Newark, DE Home Insurance Rates with the New Castle County Average
| Place | New Castle County Average: $749.0 | $ Difference vs coutny Average | % Difference vs coutny Average | Population | Estimated Value of a Home ($) |
|---|---|---|---|---|---|
| Newark, DE | $756.0 | 7.0 | 0.01 | 68,794 | 252,400 |
Cost of Newark, DE Homeowners Insurance by Home Value and Household Income
| Nearby Places | Median Home value ($) | Median Household Income ($) | Premium Range |
|---|---|---|---|
| Elkton | 203,700 | 15,089 | $817 |
| Greenville | 667,400 | 50,476 | $1,089.6 |
| Salem | 89,800 | 12,150 | $1,232.3 |
| Pomeroy | 186,900 | 18,019 | $775 |
Homeowners Insurance Comparison for the Cheapest Premiums in Newark, DE
| Nationwide | GEICO | Horace Mann Educators Corporation | |
| Median Home Value ($) | 252,400 | 252,400 | 252,400 |
| Age of Home | Newly Constructed Home | Newly Constructed Home | Year 50 Old |
| Home Coverage ($) | $1000,000 -$1499,999 | $750,000 -$999,999 | $300,000 -$399,999 |
| Total Premium ($) | $1,915.4 | $1,739.2 | $1,462.3 |
Cost of Newark, DE Home insurance Premium for Different Deductibles
| Company | Deductible ($) | Coverage value | Insurance premium ($) |
|---|---|---|---|
| MAPFRE Insurance | 1500 | $1000,000-$1499,999 | 2,133.6 |
| Progressive | 2000 | $150,000-$174,999 | 354.8 |
| Travelers | 2500 | $1500,000-$2000,000 | 1,874.2 |
| Encompass Insurance | 2000 | $750,000-$999,999 | 1,805.2 |
| Universal Property & Casualty Insurance Company | 500 | $400,000-$499,999 | 1,442.9 |
| American National Property and Casualty Company | 1000 | $175,000-$199,999 | 495.1 |
| State Farm | 500 | $200,000-$249,999 | 606.1 |
| GEICO | 2500 | $500,000-$749,999 | 1,370.9 |
| Amica Mutual Insurance | 1500 | $750,000-$999,999 | 1,937.3 |
| Westfield Insurance | 1000 | $1500,000-$2000,000 | 2,420.9 |