Best and Cheapest Renters Insurance in North Dakota (2025)

While Allstate is the best for $20K in personal property coverage with an average annual premium of $65 and a MoneyGeek score of 89 out of 100, the best option for you depends on your needs. For those who value service, Auto-Owners is a great option, while Agraria Insurance is best for veterans. If you have poor credit, State Farm is another excellent choice.

Allstate is the best renters insurance provider in North Dakota with the highest MoneyGeek score of 89 out of 100 and an annual premium of $65 for $20K in personal property coverage. The best provider typically balances both cost and customer service. Below are the top two renters insurance providers in North Dakota for the same policy:

• Allstate: MoneyGeek score of 89 out of 100 ($65 per year)
• American Family: MoneyGeek score of 81 out of 100 ($82 per year)

Allstate has perfectly balanced customer satisfaction and affordability. However, the best provider for you will still depend on your needs.

Allstate offers the cheapest renters insurance in North Dakota with an annual premium of $65 for $20K in personal property coverage and a $1,000 deductible: The two cheapest providers are:

• Allstate: $65 per year
• COUNTRY Financial: $78 per year

Personal property coverage helps protect your belongings, such as furniture, electronics, and clothing, against covered risks like theft or damage. Cheap renters insurance policies often have low personal property coverage limits. Higher personal property coverage limits can lead to higher costs monthly, but better protect you if you own a lot of valuables.

In North Dakota, the cheapest renters insurance company for $20K in personal property coverage with a $2,000 deductible is Allstate, with an annual premium of $65. The following providers are the two cheapest:

• Allstate: $65 per year
• Farmers: $71 per year

A deductible is the amount you agree to pay before your insurance covers a claim, which can impact your overall insurance costs. Check the table below for how rates change based on your deductible.

Auto-Owners is the best renters insurance company for service quality in North Dakota for $20K in personal property coverage, with an annual premium of $102. Great customer service means prompt response times, clear communication, and efficient handling of claims. The best providers are:

• Auto-Owners: MoneyGeek score of 88 out of 100 ($102 per year)
• American Family: MoneyGeek score of 87 out of 100 ($82 per year)

Great customer service is crucial for renters because it ensures your issues are addressed quickly and efficiently. When you file a claim, having a provider that resolves it smoothly can significantly lessen the stress during unexpected events.

American Family is the best renters insurance company for renters needing $100K of personal property coverage in North Dakota, with an annual premium of $118. The two best providers are:

• American Family: MoneyGeek score of 93 out of 100 ($118 per year)
• State Farm: MoneyGeek score of 88 out of 100 ($149 per year)

Renters with more personal belongings need higher personal property coverage. Personal property coverage protects your belongings, like furniture, electronics, and clothing, in case of theft or damage. Higher personal property coverage often comes at a higher cost. Find a provider that balances cost and service well, so you get good value while covering your valuables.

The best renters insurance company for those with military backgrounds in North Dakota is Allstate with an annual premium of $65. The following providers are the top two best providers in North Dakota for military members who need $20K in personal property coverage:

• Allstate: MoneyGeek score of 89 out of 100 ($65 per year)
• American Family: MoneyGeek score of 81 out of 100 ($82 per year)

For military members, finding the best provider means prioritizing customer service and affordability. Balance these factors to ensure that you receive reliable coverage while also managing costs, which is particularly essential for those with military backgrounds.

State Farm is the best renters insurance company in North Dakota for people with poor credit, with an annual premium of $127. The following providers are the top two best providers in North Dakota for those with poor credit:

• State Farm: MoneyGeek score of 90 out of 100 ($127 per year)
• American Family: MoneyGeek score of 89 out of 100 ($128 per year)

Rates for people with poor credit are often higher because providers consider them higher risk; they are statistically more likely to file claims. However, you can take steps to improve your credit score to lower rates and take advantage of discounts where possible.

The average cost of renters insurance in North Dakota is $88 annually, or $7 monthly, which is significantly lower than the national average of $146 annually, or $12 monthly. This means renters in North Dakota pay $58 less per year compared to the national average. These rates are based on a renters insurance policy with $20,000 personal property limits, $100,000 liability limits, and a $1,000 deductible.

Renters should remember that the average cost of renters insurance in North Dakota may vary greatly depending on the amount of personal property coverage you purchase. Personal property coverage protects your belongings against risks like theft, fire and other perils. Use the tool below to get an estimate for your renters insurance based on your needs.

The average cost for renters insurance not only varies by state but also varies by city. For example, the average annual premium in Fargo, North Dakota, is $90 compared to the state average of $88. These rates are based on a renters insurance policy with $20,000 personal property limits, $100,000 liability limits, a $1,000 deductible, and a good credit score.

Multiple factors impact the cost of renters insurance in North Dakota, including location, coverage amount, and credit score. Understanding these factors is important for renters to make informed decisions and potentially save on premiums.

• Location: The area where you live can affect your premium due to crime rates and weather-related risks.
• Coverage Amount: Opting for higher coverage limits will typically increase your insurance costs.
• Deductible: Choosing a higher deductible can lower your monthly premium, but you'll pay more out-of-pocket in case of a claim.
• Claims History: Renters with a history of claims may face higher premiums due to perceived risk.
• Credit Score: Insurance companies may use your credit score to determine your premium, with higher scores often leading to lower costs.

Determining your personal property coverage as a renter starts with a thorough personal inventory of your belongings, along with their estimated value and proof of ownership. Here's how to create one:

1. Start With Big-Ticket Items: List all high-value items first, such as electronics, jewelry and furniture, noting their make, model and serial numbers when available.
2. Document With Photos or Videos: Take clear photographs or video recordings of your belongings, capturing any identifying marks or conditions.
3. Include Receipts and Appraisals: Attach purchase receipts, warranty cards and appraisal documents for items of significant value.
4. Store Information Securely: Keep your inventory list and supporting documents in a safe, accessible location, such as a cloud storage service.
5. Update Regularly: Review and update your personal inventory annually or whenever you acquire or dispose of items.

Renters insurance primarily protects your personal belongings from damage, but it also extends to other areas such as liability and additional living expenses. Here's what a typical policy may cover:

• Personal Property Coverage: Safeguards your possessions against covered perils like theft to help you replace them.
• Personal Liability Coverage: Protects you from legal responsibility for injuries or damage to others, such as if a guest is injured in your rental unit.
• Loss of Use Coverage: For additional living expenses if your rental is uninhabitable due to a fire, for example, loss of use coverage can cover temporary housing costs.

Renters insurance typically applies to specific events, like theft, vandalism or specific natural disasters. Here's what most policies cover:

• Fire or lightning
• Windstorm or hail
• Explosions
• Riots
• Damage caused by aircraft
• Damage caused by vehicles
• Smoke damage
• Vandalism
• Theft
• Volcanic eruption
• Falling objects
• Weight of ice, snow or sleet
• Water-related damage from home utilities
• Electrical surge damage

Although renters insurance provides a safety net for your personal property and liability, it does not universally cover all losses. For instance, damage from floods typically falls outside standard policies. Here's what else is usually not included:

• Natural Disasters: Standard policies often exclude events like floods and earthquakes.
• High-Value Items: Expensive jewelry or electronics may exceed policy limits.
• Business Equipment: Items used for business purposes may require additional coverage.
• Roommate Property: Your policy does not cover your roommate's belongings.
• Pest Damage: Infestations and damage from pests are generally not covered.
• Car Theft: Personal vehicles are covered under auto insurance, not renters insurance.

Understanding these exclusions can help you seek additional coverage if necessary, ensuring you're protected against a wider range of potential risks.

Finding the best renters insurance in North Dakota can be easy. We've answered some common questions to help you make an informed decision.