"The latest American Community Survey (ACS) data from the U.S. Census Bureau shows that in 2024, Delaware homeowners with a mortgage typically pay $1,000-$1,499 annually for homeowners insurance, while those without a mortgage average $800-$999. Delaware has 304,189 insured homeowner households in total-191,093 with a mortgage and 113,096 without. Among mortgaged owners, 20,560 pay less than $100 annually and 4,252 pay $4,000 or more. Among those without a mortgage, 19,111 pay less than $100 and 2,880 pay $4,000 or more."
"While costs remain low, climate risks still loom. The Realtor.com 2025 Climate Risk Report highlights that the heaviest insurance burdens fall on coastal markets in the South. Miami homeowners, for instance, pay an average of $22,718 annually, or 3.7% of median home value. Cape Coral, Sarasota, and Tampa also rank among the most expensive, where premiums consume more than 2% of home values."
Delaware homeowners typically pay $1,000–$1,499 annually for homeowners insurance when carrying a mortgage and $800–$999 when owning without a mortgage, placing overall statewide costs in the $800–$999 range in 2024. The state has 304,189 insured homeowner households, including 191,093 with a mortgage and 113,096 without. Small but notable groups pay extreme amounts: among mortgaged owners, 20,560 pay under $100 and 4,252 pay $4,000 or more; among non-mortgaged owners, 19,111 pay under $100 and 2,880 pay $4,000 or more. Neighboring Mid-Atlantic states generally face higher average premiums, while coastal Southern markets carry the heaviest climate-related insurance burdens.
Read at SFGATE
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