Compare the Cheapest Car Insurance Quotes in Fargo, ND

In Fargo, car insurance costs $743 on average per year. This price is equal to the annual average statewide cost for North Dakota. The cheapest option for comprehensive coverage comes from Nodak Mutual and costs an average of $492 per year. MoneyGeek studied car insurance rates across different coverage levels and driving profiles to ensure that drivers in Fargo shopping for quality coverage find the lowest rates for their needs.

Compare Auto Insurance Rates

Insurance Rates

Ensure you're getting the best rate for your auto insurance. Compare quotes from the top insurance companies.

widget-location-pin
Advertising & Editorial Disclosure
Last Updated: 9/22/2022
Written By     |  

The cheapest insurance for you depends on your elected coverage and profile. In Fargo, on average, Nodak Mutual is the cheapest insurer, and the most affordable option for a state minimum policy or with a speeding ticket. For military families, USAA may be best. With regards to cost and customer service, MoneyGeek rated Auto-Owners as the best company.

iconribbonbestauto insuranceFargo2022

The Cheapest and Best Car Insurance in Fargo

The Cheapest Car Insurance Companies in Fargo

MoneyGeek’s research shows that, on average, the cheapest companies for a full coverage policy in Fargo are:

  • Nodak Mutual: $492 per year
  • GEICO: $555 per year

Drivers with a military background may benefit the most from USAA, with a low average annual cost of $403.

Nodak Mutual offers a cheap full coverage policy in Fargo, an average of $790 less than MetLife, which has the most expensive policy at $1,282 annually.

A full coverage policy includes comprehensive, collision and liability coverage. The cost depends on the amount of liability insurance you purchase.

Cheapest Car Insurance in Fargo
Full Coverage 100/300/100
  • Company
    100/300/100per year
  • 1.
    USAA
    $403
  • 2.
    Nodak Mutual
    $492
  • 3.
    GEICO
    $555
  • 4.
    American Family
    $577
  • 5.
    State Farm
    $579
  • 6.
    Farmers
    $706
  • 7.
    Allied
    $716
  • 8.
    Progressive
    $720
  • 9.
    National Farmers Union P&C
    $770
  • 10.
    AAA
    $784
  • 11.
    Allstate
    $990
  • 12.
    MetLife
    $1,282

MoneyGeek collected average rates for a 40-year-old male driver in Fargo with a full coverage policy, as our methodology details.

While a full coverage policy costs more than a minimum coverage policy, it’s more valuable since it includes liability, plus comprehensive coverage and collision insurance to protect your car.

  • Comprehensive insurance: covers damage from events like hail or theft.
  • Collision insurance: pays for damage to your car in an accident.

For an older car, it could be better to get a minimum coverage policy because a full coverage policy may cost more than the car’s value.

Compare Car Insurance Rates in Fargo

Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.

widget-location-pin
Insurance Rates

Cheapest Car Insurance in Fargo for Minimum Coverage

In Fargo and elsewhere, the coverage level you purchase, among other factors, impacts the cost of your car insurance. A minimum liability policy costs an average of $376 per year, whereas full coverage car insurance costs roughly $743 annually. Drivers pay a difference of $366 on average, depending on the amount of coverage they choose.

Cheapest Minimum Liability Car Insurance in Fargo
State Minimum

North Dakota requires drivers to have an auto insurance policy with 25/50/25 plus uninsured/underinsured motorist and personal injury protection (PIP) of $150/week with a $30,000 maximum.

A minimum coverage policy is the cheapest in Fargo, but with low limits, you may pay out of pocket after an accident.

For example, if the other party’s property damage is $40,000 and you have coverage for $25,000, you must pay $15,000 out of pocket.

North Dakota Minimum Liability Requirements

  • Item
    Description
  • Bodily Injury and Property Damage
    $25,000 per person, $50,000 per accident and $25,000 for property damage. A more protective level is 100/300/100.
  • Uninsured Motorist
    $25,000 per person and $50,000 per incident. The minimum coverage may not be enough if you're in a serious accident.
  • Personal Injury Protection
    $30,000 per person.

Cheapest Car Insurance in Fargo if You Have Driving Violations

Driving violations like a speeding ticket, DUI or at-fault accident raise your car insurance. The cheapest companies in Fargo, depending on the type of violation, are:

  • Cheapest after a speeding ticket: Nodak Mutual, $584 average per year
  • Cheapest after a DUI: American Family, $598 average per year
  • Cheapest after an at-fault accident: American Family, $598 average per year

If you have a military background, USAA may be the cheapest with a speeding ticket or an at-fault accident on your record.

Drivers with a bad record in Fargo can find cheaper car insurance rates by improving their records over time. Meanwhile, shop around and choose the company that offers you the best deal.

Cheapest Car Insurance in Fargo With a Violation
Speeding Ticket

Average Cost of Car Insurance in Fargo

Fargo$743
ND$743
U.S.$1,424

In Fargo, the average annual cost of car insurance is $743, which is equal to the state average and markedly lower than the national average. Compared with the typical cost of car insurance in the United States, drivers in Fargo spend an average of 47.8% less on their premiums.

Personalized Quotes to Get You the Cheapest Car Insurance in Fargo

Car insurance companies in Fargo rely on a variety of factors to analyze risk profiles when providing personalized car insurance quotes. Age, vehicle type, driving record and the make and model of the vehicle can be major considerations. For example, a Nodak Mutual policy would cost an average of $649 more for an 18-year-old driver in comparison with a 40-year-old driver. Personalized quotes can help you get the right rates, deals and savings options for your current situation.

Compare Car Insurance Rates in Fargo

Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.

widget-location-pin
Insurance Rates

The Best Car Insurance Companies in Fargo

For Fargo drivers seeking quality coverage and affordable rates, MoneyGeek’s ratings ensure that they find the cheapest rates from the best providers.

According to MoneyGeek’s scores, the best auto insurance companies in Fargo for most drivers are:

  • Auto-Owners: MoneyGeek score of 98 out of 100
  • GEICO: MoneyGeek score of 93 out of 100

USAA received the highest score in Fargo by MoneyGeek's rating system. If you’re eligible because of active military service or as a veteran, it is the best company for car insurance.

MoneyGeek ranked car insurance companies using a methodology that includes affordability, user satisfaction and financial stability scores from J.D. Power.


1
USAA
Score:100

5/5

Affordability

5/5

Claims Ratings

5/5

User Satisfaction

A++

Financial Stability

2
Auto-Owners Insurance Co
Score:98

5/5

Affordability

4/5

Claims Ratings

5/5

User Satisfaction

A++

Financial Stability

3
American Family
Score:86

2/5

Affordability

2/5

Claims Ratings

3/5

User Satisfaction

A+

Financial Stability

4
Travelers
Score:85

3/5

Affordability

3/5

Claims Ratings

3/5

User Satisfaction

A++

Financial Stability

5
State Farm
Score:84

3/5

Affordability

3/5

Claims Ratings

3/5

User Satisfaction

A

Financial Stability

6
Auto Club of Southern California Insurance Group
Score:83

4/5

Affordability

3/5

Claims Ratings

3/5

User Satisfaction

A

Financial Stability

7
GEICO
Score:79

5/5

Affordability

3/5

Claims Ratings

4/5

User Satisfaction

A++

Financial Stability

8
Safeco
Score:78

2/5

Affordability

4/5

Claims Ratings

2/5

User Satisfaction

A

Financial Stability

9
Liberty Mutual
Score:78

2/5

Affordability

4/5

Claims Ratings

2/5

User Satisfaction

A

Financial Stability

10
Farm Bureau Ins of MI
Score:75

2/5

Affordability

2/5

Claims Ratings

3/5

User Satisfaction

A

Financial Stability

11
Nationwide
Score:75

2/5

Affordability

2/5

Claims Ratings

2/5

User Satisfaction

A+

Financial Stability

12
Farmers
Score:73

2/5

Affordability

3/5

Claims Ratings

2/5

User Satisfaction

A

Financial Stability

13
Progressive
Score:71

4/5

Affordability

3/5

Claims Ratings

3/5

User Satisfaction

A+

Financial Stability

14
Allstate
Score:64

3/5

Affordability

3/5

Claims Ratings

4/5

User Satisfaction

A+

Financial Stability

Average Cost of Car Insurance by Postal Code

Car insurance quotes in Fargo don’t vary much based on where you reside. Price variation across different ZIP codes in Fargo is negligible, with rates differing by only about $13 across different neighborhoods on average.

  • Zip Code
    State Minimumper year
  • 58102
    $737
  • 58104
    $740
  • 58103
    $751

Factors That Impact Insurance Costs in Fargo

In addition to individual driver needs and history, location-specific factors like personal injury protection coverage requirements and the percentage of uninsured motorists also contribute to car insurance rates in Fargo. How Fargo ranks compared to the 300 most populous cities in the United States can have a significant impact on premium costs.

accident2 icon
Most Accidents With Fatalities252nd/300
handcuffs2 icon
Most Car Thefts50th/300
uninsured icon
Most Uninsured Motorists by State45th/50
insurance2 icon
Personal Injury Protection RequiredYes
rain icon
Most Annual Rainfall191st/300
umbrella icon
Most Rainy Days155th/300

About the Author


expert-profile

Mark Fitzpatrick is a senior content manager with MoneyGeek specializing in insurance. Mark has years of experience analyzing the insurance market and creating original research and content. He graduated from Boston College with a Bachelor of Arts and Johns Hopkins University with a Master of Arts.