How much is renters insurance in North Dakota?

The average cost of renters insurance in North Dakota is $173 a year, and the average monthly cost is $14. That's for a policy with personal property coverage of $40,000, liability coverage of $100,000, and a deductible of $1,000.

What you pay for renters insurance may differ from your neighbours because it depends on factors specific to each person: the property you want to insure, extra coverage options you add, and the deductible amount you choose.

"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."

Average annual premium	$173
Average monthly premium	$14

Read our methodology

Best renters insurance companies in North Dakota

State Farm, Country Financial and American Family are our best renters insurance companies in North Dakota.

Rates differ widely between renters insurance providers, so it pays to shop around. But rates aren’t the entire picture. It’s also important to choose an insurance company with a good reputation so you know it will be there for you when you need it.

To help you choose the best renters insurance in North Dakota, we reviewed rates and third-party ratings including complaint volume with the National Association of Insurance Commissioners (NAIC) and financial ratings from AM Best.

Among the carriers surveyed, State Farm is the best renters insurance company in North Dakota, with a top score and an average renters insurance rate of $123.

Below is our list of best renters insurance companies in North Dakota based on that analysis, with our score out of five.

Company	Average annual premium	AM Best	NAIC	Insurance.com rating
State Farm	$123	A++	0.95	5
Country Financial	$216	A+	0.26	4.96
American Family	$125	A	0.37	4.85
Allstate	$138	A+	0.9	4.73
North Star Mutual	$177	A+	0.72	4.22
Agraria Mutual	$186	A	0.22	4.05
Auto-Owners	$205	A++	0.33	3.94
Farmers	$213	A	0.54	3.67

Read our methodology

Cheapest renters insurance in North Dakota

State Farm is the cheapest renters insurance company in North Dakota based on our rate analysis with an average annual premium of $123.

Renters insurance prices can vary drastically between companies. That's why it is important to compare rates and see which company offers the best deal to get coverage at an affordable price.

Below are the cheapest renters insurance companies in North Dakota and their average annual premiums.

Company name	Average annual premium
State Farm	$123
American Family	$125
Allstate	$138
Nodak Insurance	$177
North Star Mutual	$177
Agraria Mutual	$186
Auto-Owners	$205
Farmers	$213
Country Financial	$216

Read our methodology

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

Where you live in North Dakota affects how much you pay for renters insurance. The most expensive ZIP code in North Dakota for renters insurance is 58538, where the average annual rate is $187 which is $14 more than the state average insurance premium.

On the other end of the spectrum, the least expensive ZIP code for renters insurance is 58040, with an average annual rate of $166.

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

Best home insurance companies in Texas

Most expensive ZIP code
Least expensive ZIP code

ZIP code	Average annual rate
58538	$187
58505	$186
58640	$185
58778	$182
58569	$180
58794	$179
58746	$178
58758	$177
58775	$176
58496	$175

ZIP code	Average annual rate
58040	$166
58721	$173
58452	$176
58341	$177
58746	$178
58769	$179
58737	$180
58528	$181
58620	$183
58533	$185

Compare renters insurance rates by city in North Dakota

Renters insurance rates vary significantly across cities, influenced by various factors, including weather patterns, crime rates, and property values. You must consider these factors and compare quotes from different insurers to get the best deal on renters insurance for your specific city in North Dakota.

City	Annual insurance premium
Bismarck	$163
Dickinson	$163
Fargo	$151
Grand Forks	$149
Jamestown	$152
Mandan	$160
Minot	$152
Wahpeton	$150
West Fargo	$149
Williston	$153

Read our methodology

How to get cheap renters insurance in North Dakota

There are a few things you can do to get cheaper renters insurance in North Dakota:

Shop around. Not every North Dakota renters insurance company offers the same rates or discounts. Shop around for the best price.
Ask about discounts. There are a lot of discounts available on renters insurance; one of the biggest is bundling your home and auto insurance, so ask for an auto quote at the same time.
Chose a higher deductible. Your deductible affects your premiums; higher deductibles mean lower rates. Just ensure you can afford the deductible if you have to pay it.

Methodology

Insurance.com compared renters insurance rates provided by Quadrant Information Services for $40,000 personal property coverage with a $1,000 deductible and $100,000 liability coverage for all available ZIP codes based on a renter with good credit. To rank the best insurance companies, we gathered AM Best financial stability ratings, where an A++ is the best possible score, and National Association of Insurance Commissioners (NAIC) complaint ratios, which compare the number of complaints a company receives to the anticipated complaint volume based on market share. These factors were used along with rates to find the best companies overall.

North Dakota renters insurance: FAQ

Do I need renters insurance in North Dakota?

Renters insurance isn’t required by law, but your landlord may require you to purchase a policy as part of your lease agreement.

How much renters insurance do I need in North Dakota?

You don’t need any renters insurance by law, but when buying a policy you should ensure you have enough personal property coverage to cover all of your personal property at replacement cost.