Delaware Insurance Resources
Instant, Free Delaware Insurance Quotes
In two steps, you may compare DE rates:
What are the mandatory Delaware Auto Insurance Requirements?
The Delaware Insurance Department lays out the basic requirements for liability insurance coverage in the state. In short, all drivers are required to carry three types of insurance:
- Bodily Injury Protection
- Property Damage
- Personal Injury Protection (PIP)
You can check out the minimum amounts required on our Delaware Auto Insurance homepage.
There are several other types of insurance available that are not required, but are well worth checking out.
Compare Car Insurance Rates
Quotes in a matter of minutes! Just enter your zip code for a secure, free, instant quote online!
|
|
|
Collision coverage
Collision coverage pays for physical damage to your car as the result of your vehicle colliding with an object, such as a tree or another car. This coverage is based on the value of your vehicle and can be costly.
Important information about collision coverage: Auto insurance policies only require the company to cover your financial losses, not to replace your vehicle. In the case of an accident involving an older car, the cost of repairing it can quickly exceed the value of the car and your insurance carrier will pay you what the car was worth rather than fix it. In severe cases, the value of the car may be less than premiums paid for the coverage. Therefore, if your vehicle is worth less than $2,000, there is little reason for you to purchase collision coverage, because you are likely to pay more money in premiums than you would ever receive as a result of your claim. This coverage may not pay the full replacement cost of the vehicle or may not satisfy the balance of your auto loan.
Top of page
Comprehensive coverage
Comprehensive coverage pays for damage to your car from almost all other causes besides an accident, including fire, severe weather, vandalism, flood and theft. Comprehensive coverage also will cover broken glass, such as windshield damage.
Top of page
Uninsured motorist coverage
Uninsured motorist coverage pays if you incur losses from a driver who does not have auto insurance or a hit-and-run driver. This coverage, when in effect, takes the place of the insurance that the other driver should have had but did not. The coverage comes at an automatic $250 deductible for property damage, regardless of the deductible you may have on your other coverage.
Uninsured motorist coverage will have policy limits. It does not protect the other driver. Your insurance company may sue the other driver for any money the company pays to you because of the other driver’s negligence. You must have made a police report about the accident in order to make a claim under an uninsured motorist policy.
Top of page
Under-insured motorist coverage
Under-insured motorist coverage protects you if you are involved in an accident that is not your fault and the other driver does not have enough insurance to cover your loss. This coverage does not pay for damage to your vehicle.
Top of page
Compare Car Insurance Rates
Quotes in a matter of minutes! Just enter your zip code for a secure, free, instant quote online!
|
|
|
Towing and labor coverage
Towing and labor coverage pays the cost of towing your car to the repair shop subject to the limit of your policy. Premiums for this coverage are very inexpensive. However, if you are a member of an auto club, you probably already have this service.
Top of page
Rental reimbursement coverage
Rental reimbursement coverage usually pays the cost to rent a car after an accident, subject to the policy’s terms. The premium will vary from insurer to insurer.
Top of page
|
