Home Insurance in Delmar, Maryland
Homes in Delmar carry a median value of $226,500 - 11% lower than the Wicomico County median.
The typical home in Delmar was built around 2005. About 16% of homes were built before 1960, about 5 points below Wicomico County's 21%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
The housing stock in Delmar is 63% single-family homes, 30% apartments in buildings with 5+ units and 2% mobile or manufactured homes.
About 71% of owner-occupied homes in Delmar have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Delmar has an owner-occupancy rate of 53% and a vacancy rate of 7%; 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. Most homes in Delmar - 67% - are primarily heated with electricity.
Wicomico County's top FEMA-rated hazard is hurricane (Relatively Moderate), per FEMA's National Risk Index. Wicomico County had 663 active NFIP flood policies as of September 2026. See the full Wicomico 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 Maryland is $1,578 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $226,500 |
|---|---|
| Median year built | 2005 |
| Owner-occupied share | 53% |
| Share of owner-occupied homes with a mortgage | 71% |
| Top county hazard | Hurricane (Relatively Moderate) |
| Active NFIP policies in Wicomico County | 663 |
| Home insurance premium | $1,578 - 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)