Average homeowners insurance cost in Middletown, DE

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In Middletown, homeowners pay an average annual rate of $1,543 for a coverage level that includes $300,000 for dwelling, $100,000 for liability protection, and a $1,000 deductible, according to Insure.com’s rate analysis. This is $961 less than the national average of $2,504.

Homeowners insurance premiums can vary significantly from one property to another. In Middletown, the cost of home insurance is influenced by several factors, including:

Size of your home
Age of your home
Amount of coverage required
Location
Your credit score

It’s crucial to compare quotes from multiple insurers to ensure you get the best homeowners insurance policy. This allows you to find the coverage that meets your specific needs.

Read this guide to discover the monthly homeowners insurance cost in Middletown, explore the insurance costs for different dwelling coverage, and find out which companies offer affordable home insurance in Middletown.

Key takeaways

The average cost of homeowners insurance in Middletown is $1,543 per year.
Cumberland Insurance is the cheapest homeowners insurance company in Middletown with an average annual premium of $883.
If you increase your dwelling coverage from $200,000 to $300,000, you will just have to pay $332 more a year for home insurance.

Average homeowners insurance cost in Middletown per month

Middletown homeowners pay an average of $129 a month, based on our rate analysis. It’s $15 more than the state average of $114 and $80 less than the national average for home insurance across the United States. The price of your homeowners insurance policy in Middletown may vary depending on where you live, the value of your home, and the coverage you choose.

Average homeowners insurance cost for a $200,000 house in Middletown

Homeowners insurance for dwelling coverage of $200,000 and liability protection of $100,000 costs $1,211 per year in Middletown, DE. Numerous factors influence your annual home insurance rates, including any natural disaster or event in your locality. For instance, certain regions have a higher risk of natural calamities such as floods, hurricanes, or tornadoes, implying higher expenses for rebuilding in these areas. These increased rebuilding expenses result in increased insurance premiums.

It is important to note that your insurance plan may not cover flood or hurricane damages. So, if you reside in an area prone to flooding, consider buying flood insurance coverage.

Average homeowners insurance cost for a $300,000 house in Middletown

According to a rate analysis by Insure.com, homeowners in Middletown pay an average of $1,543 per year for a $300,000 house. These rates are for the coverage limits of $100,000 for liability protection and $1000 deductible.

If you increase your dwelling coverage from $200,000 to $300,000, you will just have to pay $332 more a year for home insurance. It would be best to buy enough insurance to cover the full cost of rebuilding your home.

However, the amount of dwelling coverage you need may vary depending on the size of your home, the features in your home, and the cost of living in your area.

Average homeowners insurance cost in Middletown by Company

Among the carriers analyzed, Cumberland Insurance is the cheapest homeowners insurance company in Middletown. It’s average annual rate for Middletown homeowners is $883. State Farm ranks second and Allstate makes it to the third spot with an average annual home insurance rate of $1,171.

Before choosing a homeowners insurance policy, it is important to do some research on the company. Our experts have analyzed all the insurance companies across Middletown and prepared a list of the cheapest home insurance providers. You can find below the Middletown home insurance companies and their average annual premium.

Home Insurance Company	Annual rate
Cumberland Insurance	$883
State Farm	$1,099
Allstate	$1,171
Travelers	$3,301
American Family	$1,259

Methodology

Insure.com, with the help of Quadrant Information Services, gathered data for homeowners insurance rates in Middletown for $300,000 dwelling coverage and $100,000 liability coverage with a $1,000 deductible. The data presented are those with a good credit tier alignment.