Home Insurance in Newport, Delaware
With a median home value of $246,000, Newport is 30% lower than the New Castle County median.
Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. The typical home in Newport was built around 1957. About 58% of homes were built before 1960, about 28 points above New Castle County's 30%.
Housing in Newport breaks down to 63% single-family homes and 29% apartments in buildings with 5+ units.
60% of owner-occupied homes in Newport carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Newport has an owner-occupancy rate of 43% and a vacancy rate of 3%; unoccupied homes typically need a different coverage form.
Most homes in Newport - 66% - are primarily heated with natural gas. Homes heated with fuel oil can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
New Castle County had 2,537 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is winter weather (Very High). See the full New Castle County home insurance overview for all FEMA hazard ratings and flood coverage details.
The statewide average premium for a standard HO-3 homeowners policy in Delaware is $1,196 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $246,000 |
|---|---|
| Median year built | 1957 |
| Owner-occupied share | 43% |
| Share of owner-occupied homes with a mortgage | 60% |
| Top county hazard | Winter Weather (Very High) |
| Active NFIP policies in New Castle County | 2,537 |
| Home insurance premium | $1,196 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)