With homeowners insurance, you can protect yourself from financial troubles caused by natural disasters or other unexpected events. MoneyGeek ranked the top home insurance companies in North Dakota to help you find quality coverage at rates you can afford. Whether you have a pool, own a luxury home or have poor credit, MoneyGeek can help you compare insurance costs in your state, so you can choose the best and cheapest policy for you.
To get comprehensive, yet cheap, home insurance in North Dakota, you should assess each company’s main features such as costs, coverages, ability to pay claims and customer support quality. Decide on an insurer that gives you the assurance it can efficiently process your claim and pay for any damages that may occur.
MoneyGeek ranked the state’s top five carriers based on factors like their affordability, J.D. Power customer satisfaction scores and AM Best’s financial stability ratings to help you figure out the best homeowners insurance in North Dakota will be for you.
Country Financial's standard coverage features include dwelling, personal property, liability and medical coverages. Country Financial's additional coverage options include extended replacement cost, additional replacement cost, coverage for high-value items, identity theft, earthquake damage, seasonal dwellings, sump failure or backup of drain or sewer, mine subsidence, loss assessments and flood insurance.Read MoneyGeek's Country Financial home Insurance Review
Apart from standard home insurance coverage, Allstate offers added options such as water backup coverage, scheduled property coverage, green improvement, electronic data recovery, yard and garden, identity theft restoration and business property. Allstate has numerous discounts available including multi-policy, automatic payments, fire protection device, early-signing, welcome and loyalty, retired persons, smoke-free home, hail-resistant roof discounts and more.Read MoneyGeek's Allstate home Insurance Review
MetLife's home insurance coverage covers vandalism, theft, hail, fire, tornadoes and more. It offers customers the option to replace damaged items without deducting for depreciation — even if you lose your property. Liability coverage protects you if you are sued for any accident in your home. Each MetLife policy includes identity protection services and flexible payment plans.Read MoneyGeek's MetLife home Insurance Review
Beyond standard coverage features, Farmers provides some unique endorsements like tree and shrub coverage, contents replacement cost, an eco-rebuild option and Identity Shield. Farmers offers rebates such as bundle, non-smoker, home renovation, new home, UL approved roofing materials, home safety and protective devices discounts.Read MoneyGeek's Farmers home Insurance Review
State Farm’s standard coverage includes the primary areas of dwelling (your main home), loss of use, other structures (such as fences and detached garages), liability and medical payments (if a guest is injured in your home) and personal possessions. State Farm stands out with its useful online quote tool and high financial strength and customer satisfaction ratings.Read MoneyGeek's State Farm home Insurance Review
home insurance is equal to the average.
The average annual cost of home insurance in North Dakota is $2,270 for an average dwelling cost of $250,000 — which is 7.9% higher than the national average of $2,103. Home insurance rates in North Dakota may be higher than elsewhere in the country as properties throughout the state are vulnerable to natural disasters like earthquakes, tornadoes and floods.
Many elements impact your homeowners insurance rates in North Dakota, including your home’s age, location, dwelling value, pet types and pool, among others. The provider will analyze your circumstances and region-related risks to decide your quote.
These are annual estimates. Get a personalized quote to determine your costs.
Allstate offers one of the best homeowners insurance policies in North Dakota. Its average yearly premium is $1,238 for an average dwelling cost of $250,000. This average annual cost is around $1,032, or 45.5%, cheaper than the state average. The $250,000 dwelling coverage can pay for rebuilding expenses if your property’s damage is due to a covered incident. You can look to compare homeowners insurance quotes to find a suitable package for your unique needs.
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Allstate may be an ideal option for people looking for cheap homeowners insurance in North Dakota as it offers an average package price of $7,696 per year. Other firms’ average rates can go up to $26,399 a year, so it’s wise to compare house insurance quotes to see where you can save.
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A pool is a great luxury to have, but it can increase your home insurance prices. In North Dakota, Allstate offers the most affordable rate for pool properties, with an average annual premium of $1,238 for an average dwelling cost of $250,000. In comparison, the state’s costliest provider, American Family, has an average annual rate of $3,971.
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Many carriers use a homeowner’s credit score to compute their insurance costs. Raising your credit score by keeping your credit usage rate less than 30% and paying down high credit card debt can help you decrease your home insurance premium. Country Financial offers the best homeowners insurance package in North Dakota for those with poor credit. Its average rate is $1,428 per year for an average dwelling cost of $250,000.
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When looking to buy home insurance in North Dakota, you’ll need to provide certain information to your carrier so they can compute your annual premium. You might need to disclose your house’s age, condition, current market value, location, distance to a fire department, recreational items and other details. Discuss the scope and amount of coverage you want with your provider. Compare individualized quotes from several companies to find the most accurate plan for your needs.
You should ideally prepare for emergencies and hazardous weather conditions beforehand to be adequately covered against natural disasters. Carriers assess the weather risks, crime figures and average home value in your area to calculate your annual premium.
North Dakota ranks 27th in the U.S. for average home value. The average property cost in the state is $235,012. In terms of the number of crimes, North Dakota ranks 30th. FBI statistics reveal that there were 2,133 incidents of violent crime and 15,507 property crimes in the state in 2018.
MoneyGeek analyzed homeowners insurance premiums from 16 of the top insurance companies in North Dakota that were provided in partnership with Quadrant. Our analysis includes quotes from ZIP codes across North Dakota. Quotes were gathered with an average home profile of 2,500 square feet, built in 2000, with an average dwelling coverage value of $250,000, liability coverage of $100,000 and personal property coverage of $100,000.
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