Renters insurance in North Dakota: Cost, best companies and how to save

What is the average cost of renters insurance in North Dakota?

The average cost of renters insurance in North Dakota is $184 per year. Rates vary depending on factors like your location, the amount of coverage you choose, your deductible, and your claims history.

"The number one thing that's most important is to get good liability. A renter's policy will default to $100,000 liability," Josiah Hatch, an insurance pro with Bender Hatch Insurance in Boston, said. "It costs next to nothing to go from $100,000 to $500,000. I want to say it's probably 10 bucks a year. It's really cheap to get a lot of extra coverage. I always recommend getting the most liability you can because that's, at its core, what insurance is all about: the worst-case scenario."

Best renters insurance company in North Dakota: North Star Mutual

North Star Mutual ranks as the best renters insurance company in North Dakota, earning a top score among the carriers we surveyed. Its average rate is $167 per year.

Allstate and State Farm are also among the top insurance companies for renters insurance in North Dakota.

Renters insurance rates vary significantly among providers, so you should compare options before choosing. You should also select a company with a good reputation to ensure it will be there if you have a claim.

To help you find the best renters insurance in North Dakota, we evaluated average rates, NAIC complaints ratio, and AM Best financial ratings. We calculated the total Insurance.com score out of five using these factors.

Here are the best renters insurance companies in North Dakota.

Cheapest renters insurance in North Dakota

Allstate is the cheapest renters insurance company in North Dakota, with an average annual premium of $138, based on our analysis.

Since renters insurance rates vary significantly from one provider to another, comparing quotes is the best way to find affordable coverage that fits your needs.

Below is the list of the cheapest renters insurance companies in North Dakota and their average annual premiums.

North Dakota renters insurance: The least and most expensive ZIP codes

Where you live in North Dakota directly affects the cost of your renters insurance. The most expensive ZIP code in North Dakota is 58521, where the average annual premium is $194. This is $10 more than higher than the average rate.

In contrast, the least expensive ZIP code for renters insurance is 58203, offering coverage at $176 a year.

The table below shows the most and least expensive ZIP codes in North Dakota for renters insurance.

Renters insurance cost in North Dakota by city

Renters insurance rates vary widely across cities in North Dakota, driven by factors such as weather risks, crime rates, and other factors. To find the best deal in your city, you should consider these factors and compare quotes from multiple insurers before choosing a policy.

How to save on renters insurance in North Dakota

There are several easy ways to lower the cost of renters insurance in North Dakota without losing necessary coverage:

• Bundle your policies. Many insurance companies offer a discount if you buy renters and auto insurance together.
• Increase your deductible. Choosing a higher deductible will lower your monthly or yearly premium; just ensure you can afford it.
• Ask about discounts. Most providers offer savings for things like smoke alarms, security systems, or being claims-free.
• Compare quotes. Prices can vary widely between companies, so getting quotes from multiple insurers can help you find the best deal.
• Pay annually. Some insurers offer a small discount if you pay once a year instead of monthly.