HomeInsuranceQts

Home Insurance in Fenwick Island, Delaware

Homes in Fenwick Island carry a median value of $1,394,700 - 265% higher than the Sussex County median.

The typical home in Fenwick Island was built around 1987. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. About 6% of homes were built before 1960, about 4 points below Sussex County's 9%.

The housing stock in Fenwick Island is 95% single-family homes, 4% apartments in buildings with 5+ units and 1% mobile or manufactured homes.

In Fenwick Island, about 46% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.

Fenwick Island has an owner-occupancy rate of 95% and a vacancy rate of 72%; unoccupied homes typically need a different coverage form.

Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. In Fenwick Island, 68% of homes are primarily heated with electricity.

FEMA rates Sussex County's overall risk as Relatively Moderate, led by coastal flooding (Very High). Sussex County had 21,528 active NFIP flood policies as of September 2026. See the full Sussex County home insurance overview for all FEMA hazard ratings and flood coverage details. Flood damage is excluded from a standard homeowners policy.

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$1,394,700
Median year built1987
Owner-occupied share95%
Share of owner-occupied homes with a mortgage46%
Top county hazardCoastal Flooding (Very High)
Active NFIP policies in Sussex County21,528
Home insurance premium$1,196 - statewide average (NAIC, 2023 data)
Key home insurance figures for Fenwick Island, DE

Nearby towns

Sources

Data last updated: 2026-09-29