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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.

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The Best Cheap Car Insurance Companies in Fargo

The cheapest car insurance company in Fargo is USAA. However, their service is provided exclusively to past and present members of the armed forces and eligible members of their families. Among the car insurance companies in Fargo, the second most affordable is Nodak Mutual. Drivers can expect to pay approximately 160.6% less for a Nodak Mutual policy, on average, than they would for a similar policy with MetLife, which averages as the costliest car insurance provider in the city.

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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.

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Cheapest Car Insurance in Fargo by Coverage Amount

How much car insurance coverage you purchase in Fargo also affects how much your policy will cost. Coverage includes required liability coverage and optional items like collision, comprehensive, and deductibles.

Visit these guides to learn more:

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.

Across different insurance plans, the level and nature of coverage can vary widely. As an example, Nodak Mutual offers 50/100/50 plans with both liability-only and full-coverage options that include coverage for $50,000 worth of medical bills per person, totaling $100,000 per vehicle, with $50,000 worth of property damage repair.

The full-coverage policy with Nodak Mutual is $231 more expensive on average than the liability-only policy and can cover your expenses after an accident. Another option can be a 100/300/100 full-coverage plan that averages approximately $284 more than the state minimum expense. This can be a worthwhile expense if you need the extra coverage.

Average Car Insurance Premiums by Coverage Type

Liability Only
Full Coverage
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Cheapest Car Insurance in Fargo if You Have Tickets

Drivers with traffic violations on their records are expected to pay significantly more for car insurance. For example, getting a speeding ticket would add around $121 to the insurance costs for Allied policyholders in Fargo, while a DUI violation adds an average of $924 per year. Drivers with clean records would also typically pay around $450 less for an Allied policy compared with drivers with at-fault accidents on their records.

  • Company
    Speeding Ticketper year
    At-Fault Accidentper year
    DUIper year
  • $598
    $598
    $598
  • 2. USAA
    $475
    $565
    $932
  • 3. Nodak Mutual
    $584
    $641
    $770
  • $634
    $689
    $634
  • $869
    $1,119
    $793
  • $889
    $976
    $954
  • 7. National Farmers Union P&C
    $968
    $1,081
    $1,147
  • 8. AAA
    $964
    $950
    $1,313
  • 9. Allied
    $837
    $1,166
    $1,640
  • 10. GEICO
    $1,265
    $1,180
    $1,802
  • $1,118
    $1,126
    $1,763
  • $1,700
    $3,021
    $3,207

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
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Personal Injury Protection RequiredYes
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Most Annual Rainfall191st/300
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Most Rainy Days155th/300

Shopping around for car insurance in Fargo could save you $251, which is enough to buy:


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84Cups of Coffee
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19Months of Your Favorite Streaming Service

Methodology and Assumptions

MoneyGeek’s average premium rates for Fargo are based on 100/300/100 comprehensive collision coverage with a $1,000 deductible for a 40-year-old male driver. The average driver profiled drives a 2010 Toyota Camry LE and has no tickets or accidents on their record. Additional premiums are added based on coverage type, location and driving record. Learn more about MoneyGeek’s data and methodology here.

Compare Car Insurance Rates in Fargo

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

Insurance Rates

About the Author


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The MoneyGeek editorial team has decades of combined experience in writing and publishing information about how people should manage money and credit. Our editors have worked with numerous publications including The Washington Post, The Daily Business Review, HealthDay, and Time, Inc., and have won numerous journalism awards. Our talented team of contributing writers include mortgage experts, veteran financial reporters, and award-winning journalists. Learn more about the MoneyGeek team.