While there is potential for tornadoes, blizzards, and wildfires, North Dakota’s most frequent natural disaster is flooding, especially in the spring when the snow melts into the rivers. Still, the cost of homeowners insurance is along the national average, making it easy to find the right policy to protect your home at an affordable price.
The average cost of homeowners insurance in North Dakota is $1,908 per year or $159 a month. This is a smidge higher than the national average of $1,899.
But there are other factors you should consider when choosing an insurer. Not sure what to look for? Policygenius can help you figure out your coverage needs and compare quotes from multiple top companies in North Dakota.
Best homeowners insurance companies in North Dakota
Of the companies we looked at, Agraria has the lowest home insurance rate in North Dakota, with an average annual cost of $1,477 — $431 less than the state average. State Farm, Allstate, and Auto-Owners Insurance each scored high ratings with J.D. Power for customer and claims satisfaction.
Policygenius analyzed thousands of quotes from the 5 largest North Dakota insurers to find the average cost of homeowners insurance with each company in 2022. We then looked at 2021 J.D. Power customer satisfaction scores and compared that with the coverage needs of North Dakota residents to find the best homeowners insurance in North Dakota.
Company | Average yearly cost | J.D. Power Rating |
|---|
State Farm | $2,613 | 835 |
American Family | $2,207 | 831 |
Agraria Insurance | $1,477 | -- |
Nodak Insurance | $1,503 | -- |
Auto-Owners Insurance | $2,155 | 831 |
There's a reason State Farm is one of the top-rated insurance companies in the U.S. — its customer satisfaction ratings are through the roof, it offers a slew of coverage add-ons for full protection, and makes filing claims through its mobile app a breeze.
Pros
Top-tier coverage add-ons, including equipment breakdown, water backup, and service line coverage
Get up to $1 million in personal liability coverage
Score discounts for bundling, installing security devices, and choosing a high deductible
File and track claims online, over the phone, in person, or through its mobile app
High customer satisfaction and financial strength ratings
Cons
Why State Farm tops our best list
State Farm is currently offering free smart home devices that you can use to monitor your home’s electrical grid for faults that could cause damage — even fires — in your home. By adding another level of protection to your home, you are less likely to file a costly home insurance claim.
How to get a quote
Online through State Farm
American Family's status as the 7th largest home insurance provider in the U.S. speaks to its popularity and reputation. Our fave perk? Its diminishing deductible program that lets you earn credits for every year you go without filing a claim.
Pros
Unique coverage add-ons, like matching siding insurance and hidden water damage coverage
Save up to 20% on home insurance and 29% on auto insurance for bundling the policies together
Earn a $100 credit toward your deductible for ever year you go without filing a claim
File claims online or on its mobile app — with 24/7 claims support
Cons
Why American Family tops our best list
The MyAmFam app makes accessing your home insurance policy quick and easy. By downloading the mobile app to your phone or tablet, you can view your ID cards, track a claim, and schedule payments. If you also have an American Family auto policy, you get the added benefit of contacting roadside assistance directly through the app.
How to get a quote
Online through American Family
Agraria Insurance is a regional North Dakota insurance provider that stands out thanks to its comprehensive liability coverage options, including up to $1 million in protection for home businesses, personal injury, and more.
Pros
Replacement cost coverage available for both your home and belongings
Offers up to $1 million in personal liability coverage
Liabiltity coverage add-ons include protection for your business, home daycare, personal injury, and RVs
Can file claims online
Cons
Why Agraria tops our best list
While most companies include the same standard coverage, Agraria offers valuable additions to your insurance policy, including $5,000 in mold remediation, identity theft protection, home daycare coverage, and more. Getting the most value for your money makes a difference when choosing the insurance company.
How to get a quote
Request a quote online through Agraria
Around for over 75 years, Nodak Insurance offers homeowners insurance with a few extra add-ons to protect your appliances and home systems from mechanical failure, as well as your belongings from water damage caused by burst pipes or faulty HVAC systems.
Pros
Customizable policy options include equipment breakdown, water backup, and replacement cost coverage
Discounts for bundling, newer roofs or homes, or homeowners age 50+
Decent customer satisfaction ratings
File claims online
Cons
Why Nodak tops our best list
North Dakota farmers have the option of using one company for homeowners and farm or ranch insurance. Nodak offers coverage for equipment breakdowns, livestock mortality, and machinery rental as well as employee personal injury protection. Customers can save money by bundling home and farm insurance with Nodak.
How to get a quote
By calling a Nodak agent
Auto-Owners is the 12th largest home insurance provider in the U.S. thanks to its low rates, numerous discounts, and robust coverage options — including inland flood insurance.
Pros
Excellent coverage add-ons, including inland flood insurance, guaranteed replacement cost, and equipment breakdown coverage
Flood insurance covers belongings in your basement — a rare find
Save on premiums by bundling policies, paying off your mortgage, choosing a high deductible, having a backup generator, and more
Cons
Why Auto-Owners Insurance tops our best list
If you’re looking for more ways to save money on homeowners insurance, Auto-Owners Insurance has an abundance of discounts that can help. Along with the standard discounts for bundling policies and paying your premium on time, you can also save by having a backup generator, not owing money on your home, or by having a favorable loss history.
How to get a quote
Through an Auto-Owners Insurance agent
Cheapest homeowners insurance companies by city in North Dakota
Looking at average home insurance costs for the 15 most popular insurers in North Dakota, we found that the cheapest homeowners insurance companies in the state are State Auto, Nodak, and Agraria. The lowest average cost of home insurance in Bismark is $1,727 with Agraria, and the lowest rate in Fargo is $1,307 with Nodak.
Homeowners insurance rates fluctuate throughout North Dakota due to several factors. Some have to do with your home, including its size, value, and age, and others depend on where you live.
Cities with higher crime rates like Williston and Watford City will see more expensive home insurance premiums. Areas that are more susceptible to natural disasters like floods and wildfires will also be affected.
City | Company | Average yearly cost |
|---|
Beulah | State Auto | $1,621 |
Bismarck | Agraria Insurance | $1,727 |
Casselton | Nodak Insurance | $1,174 |
Devils Lake | State Auto | $1,251 |
Dickinson | State Auto | $1,711 |
Fargo | Nodak Insurance | $1,307 |
Grafton | State Auto | $1,167 |
Grand Forks | Nodak Insurance | $1,201 |
Horace | Agraria Insurance | $1,372 |
Jamestown | Nodak Insurance | $1,256 |
Mandan | Nodak Insurance | $1,703 |
Minot | Nodak Insurance | $1,351 |
New Town | State Auto | $1,275 |
Rugby | State Auto | $1,278 |
Valley City | Nodak Insurance | $1,256 |
Wahpeton | Nodak Insurance | $1,351 |
Watford City | State Auto | $1,204 |
West Fargo | Nodak Insurance | $1,174 |
Williston | State Auto | $1,101 |
Shopping for homeowners insurance in North Dakota
When shopping for homeowners insurance, it’s important to consider the coverage amounts you need on your policy so you don’t end up paying out of pocket for costly repairs. While North Dakota may not be known for excessive natural disasters, it only takes one flood, one wildfire, or one severe storm to cause massive damage to your home.
In this section, we break down the average annual home insurance rates in North Dakota for different coverage and deductible levels, as well as the cheapest and most expensive home insurance companies in the state for individuals with a poor credit score, dog owners, and pool owners. Once you’re ready to shop, a Policygenius expert can help you navigate your coverage needs and help you find the best deal on homeowners insurance in North Dakota.
North Dakota home insurance costs by coverage amounts
Dwelling coverage is the part of your policy that pays for repairs or covers the cost to rebuild your home. Your dwelling limit should be based on the replacement cost of your home — not its market value or purchase price.
In North Dakota, a policy with a $100,000 in dwelling coverage will cost an average of $964 each year, while a policy with $500,000 in coverage has an average yearly cost of $2,960.
Dwelling coverage amount | Average yearly cost |
|---|
$100,000 | $964 |
$200,000 | $1,435 |
$300,000 | $1,908 |
$400,000 | $2,450 |
$500,000 | $2,960 |
Liability coverage protects you from paying expensive bills if you are responsible for an injury to another person or damage to someone’s property. Your coverage limit should be high enough to cover the combined value of your assets, including your house, vacation home, vehicles, and liquid assets.
Liability coverage amount | Average yearly cost |
|---|
$100,000 | $1,934 |
$200,000 | $1,875 |
$300,000 | $1,908 |
$400,000 | $1,706 |
$500,000 | $1,938 |
North Dakota home insurance costs by deductible amount
Your homeowners insurance deductible is the amount you are responsible for paying towards every claim before your insurance covers the rest. Having a higher deductible means cheaper premiums, but it also means you’ll have to pay more out of pocket on each claim.
As seen in the table below, North Dakota residents can save around $298 on home insurance by choosing a $2,000 deductible over the $500 option.
Deductible amount | Average yearly cost |
|---|
$500 | $2,039 |
$1,000 | $1,908 |
$2,000 | $1,741 |
Home insurance discounts in North Dakota
Insurance companies often offer discounts if you have a deadbolt lock, smoke alarm, or security system in your house. By making your home more secure, you reduce the chances of having to file a claim due to a break in or fire.
While you won’t get a huge discount if your house has one of the following features and nothing else, they can add up if you have several protective devices in your home. Here is the average annual rate and average discount percentage for homes in North Dakota with deadbolts, smoke alarms, or burglar alarms.
Discount | Average yearly cost |
|---|
Dead bolt | $1,905 |
Smoke alarm | $1,906 |
Burglar alarm | $1,853 |
Home insurance companies in North Dakota for dog owners
Insurance companies will often charge higher home insurance rates to owners of certain dog breeds, since these breeds are responsible for more instances of bites and attacks and more likely to cause a liability claim.
With an average rate of $1,477 per year, Agraria has the cheapest home insurance rates in North Dakota for a home with a dangerous dog breed, while State Farm’s average yearly premium of $2,613 is the highest.
Company | Average yearly cost |
|---|
Agraria Insurance | $1,477 |
Nodak Insurance | $1,503 |
Auto-Owners Insurance | $2,155 |
American Family | $2,217 |
State Farm | $2,613 |
Home insurance companies in North Dakota for poor credit
Insurance companies look at a version of your credit score to determine if you are a high risk to insure. Customers with poor credit are more likely to file claims and miss payments, which is why they often see higher home insurance rates.
With an average rate of $1,477 per year, Agraria has the cheapest home insurance rates in North Dakota for a homeowner with poor credit, while State Farm’s average yearly premium of $4,493 is the highest.
Company | Average yearly cost |
|---|
Agraria Insurance | $1,477 |
Nodak Insurance | $2,056 |
Auto-Owners Insurance | $2,948 |
American Family | $3,617 |
State Farm | $4,493 |
Home insurance companies in North Dakota for pool owners
Owning a pool can also lead to higher home insurance rates, since pools come with a high probability of injuries and liability claims.
With an average rate of $1,477 per year, Agraria has the cheapest home insurance rates for North Dakota homes that have a swimming pool, while State Farm’s average yearly premium of $2,613 is the most expensive.
Company | Average yearly cost |
|---|
Agraria Insurance | $1,477 |
Nodak Insurance | $1,503 |
Auto-Owners Insurance | $2,155 |
American Family | $2,210 |
State Farm | $2,613 |
How to buy homeowners insurance in North Dakota
There are many options to consider when deciding on a homeowners policy, but if you know what you’re looking for, the process can be much easier. Here are some steps to follow to make sure you get the right coverage:
Reach out to a licensed Policygenius agent. If you have questions on where to start, how much coverage you need, or what deductible is best, a Policygenius agent can help. Our agents are available to make shopping for home insurance easier, and our services are free.
Consider purchasing flood insurance. Most homeowners policies don’t cover damage caused by floods. Since the impact of flood water on your home can be costly and unexpected, it’s good to be prepared.
Figure out how much you can afford to pay for your deductible. Choosing a high policy deductible could lower your rate substantially, so if your home doesn’t face much in the way of bad weather or property crime, you may want to consider a high deductible plan.
Compare quotes from a Policygenius agent. A Policygenius agent can walk you through your quotes and help you determine the right coverage for your house at the best price.
Choose your policy, sign it, and pay your first premium. Once you’ve chosen a policy, all that’s left to do is make your first payment and you’re all set.
Frequently asked questions
What are the four things that affect your homeowners insurance cost?
While there are many factors that go into the cost of your homeowners insurance, the age, value, size, and location of your home have the biggest impact.
Is homeowners insurance required in North Dakota?
Homeowners insurance is not legally mandated in North Dakota, but most mortgage companies require that borrowers have an insurance policy.
Who has the cheapest home insurance in North Dakota?
While Agraria has the cheapest average yearly costs in North Dakota, State Auto and Nodak also offer cheap options throughout the state.
Methodology
Policygenius has analyzed home insurance rates provided by Quadrant Information Services in March 2022 for ZIP codes in all 50 states plus Washington, D.C., for a 40-year-old female homeowner with no claim history, good credit, a $1,000 deductible, and the following coverage limits:
Dwelling: $300,000
Other structures: $30,000
Personal property: $150,000
Loss of use: $60,000
Liability: $300,000
Medical: $1,000
All rates based on the above coverage limits except where otherwise noted.
Some carriers may be represented by affiliates or subsidiaries. Rates provided are a sample of costs. Your actual quotes may differ.
