How Much Is Car Insurance in North Dakota? (2023)

Multiple factors affect how much you pay for car insurance, including your age, coverage levels, driving record, location, credit score and more. For instance, American Family has the cheapest full coverage policies in North Dakota at $616 per year, while Progressive charges the highest average rate of $951 per year. Meanwhile, a teen driver on a family plan will pay roughly $1,863 annually, indicating that age has a significant effect on car insurance rates.

The average car insurance cost in North Dakota is $773 per year. This rate, however, can vary depending on factors like coverage level and driving history. To illustrate, here’s a list of what North Dakota drivers pay on average based on their driving records.

• Clean record: $773 per year
• Speeding ticket: $899 per year
• At-fault accident: $1,018 per year
• DUI: $1,218 per year

Keep in mind that the prices listed above apply to full coverage policies. Rates for minimum coverage will be less expensive.

The annual auto insurance premium in North Dakota is much less than the national average. Less traffic, fewer people living in cities, less expensive insurance and fewer instances of car theft may all contribute to the cheap rates. Personal factors like your driving record or age can increase your premiums.

Given that prices vary significantly between providers, the state's average cost of auto insurance could be misleading. For a minimum coverage policy, Nodak Mutual offers the cheapest car insurance in North Dakota at $190 per year ($679 annually for full coverage), while Allstate charges the highest minimum coverage premiums at $584 per year ($926 annually for full coverage).

Although cheap liability-only insurance policies are less expensive than full coverage policies, shopping around may still allow you to get affordable full coverage insurance within your budget.

The price of your insurance will rise when you increase your liability limits. In North Dakota, the average annual cost of auto insurance ranges from $311 for minimum coverage to $902 for full coverage with 300/500/300 liability limits. Annual rates may increase by several hundred dollars if you get comprehensive and collision coverage. To lower the premium cost, you can select a higher deductible on a full coverage policy.

The cheapest car insurance policies include only the minimum coverage mandated by North Dakota law. The inclusion of personal injury protection and uninsured/underinsured motorist coverage in North Dakota's requirements can increase the price of minimum coverage plans compared to those in some other states.

Many insurers offer policies with higher liability limits, like 50/100/50 or 100/300/100. For clarity, a policy with liability limits of 50/100/50 would cover the following:

• $50,000 in bodily injury liability insurance per person
• $100,000 in bodily injury liability insurance per accident
• $50,000 in property damage liability insurance per accident

The typical insurer's maximum liability limits are 300/500/300. Only third parties are covered for damage or medical costs through liability insurance. You'll also need comprehensive and collision insurance to receive compensation for damages to you or your vehicle, making it a full coverage policy.

Your age might have a big impact on how much your auto insurance costs, especially if you're young or lack experience behind the wheel. In North Dakota, the average price of a full coverage policy varies depending on the age group:

• 22–29: $932 per year
• 30–59: $773 per year
• 60+: $700 per year

Although insurance costs are usually higher for drivers in their 20s, they remain fairly stable for those between the ages of 30 and 60. Rates tend to decrease slowly but steadily after age 60.

In North Dakota, teen drivers pay more for insurance than other age groups. A 16-year-old boy’s insurance premium on a family plan averages $1,863 per year. Individual policy rates are much higher, at an average of $4,785 annually.

Auto insurance rates decrease as drivers age and gain more experience on the road. A 19-year-old on a family plan pays around $1,526 yearly, while a 22-year-old typically pays $1,240 annually.

Rates can differ significantly by gender in various states, including North Dakota. For instance, the average annual cost for a 16-year-old girl on a family plan is $1,667, nearly $200 less than the average rate for a teen boy of the same age. Compare prices from different companies to find affordable auto insurance for North Dakota teens.

On average, a new car in North Dakota costs $1,020 per year to insure, around 23% more expensive than an older car, which has an average insurance cost of $783. Due to their higher actual cash value (ACV), higher repair costs and higher theft risk, new cars usually cost more to insure.

Insurers use the actual cash value of your car to determine how much to pay for collision and comprehensive claims. Since a car's ACV decreases significantly over time and insurers pay out far less for claims, your older automobile will be less expensive to insure. Drivers in North Dakota with more recent vehicles should consider purchasing full coverage insurance, which provides coverage for damage to your vehicle, in addition to the third-party costs covered by liability insurance.

Car insurance premiums are higher for drivers with traffic violations than for those with spotless records. Drivers in North Dakota will typically pay the following premiums for full coverage based on their driving record:

• Clean record: $773 per year
• Speeding ticket: $899 per year
• At-fault accident: $1,018 per year
• DUI: $1,218 per year

Costs typically rise in direct proportion to the seriousness of the driving infraction. For instance, a DUI usually results in a higher insurance rate than a speeding citation. Compare quotes from several providers if you want to find cheap car insurance in North Dakota for drivers with poor records.

The price of your auto insurance is significantly influenced by your credit score. In North Dakota, drivers with bad credit pay $1,299 on average annually, while those with excellent credit only pay $576. Depending on their credit scores, drivers can expect to pay the following average rates:

• Excellent: $576 per year
• Good: $715 per year
• Fair: $881 per year
• Below fair: $1,057 per year
• Poor: $1,299 per year

Finding affordable auto insurers in North Dakota for drivers with bad credit requires comparison shopping because insurers may penalize drivers differently for having lower credit ratings.

Location within a state has an impact on car insurance rates. For instance, a full coverage annual premium in Fargo typically costs $720, cheaper than North Dakota’s $773 yearly average rate.

Auto insurance prices fluctuate depending on your location and individual factors. To give you a clearer picture, MoneyGeek answered some of the most frequently asked questions about auto insurance rates in North Dakota.