Best Car Insurance in North Dakota

The #1 car insurance company is State Farm because it is the largest auto insurer in the U.S., with a market share of 16%. State Farm insures over 80 million people and offers coverage in all 50 states.

Largest Auto Insurance Companies by Market Share

1. State Farm: 16.2%
2. Geico: 13.6%
3. Progressive: 13.3%
4. Allstate: 10.4%
5. USAA: 6.3%
6. Liberty Mutual: 4.7%
7. Farmers: 4.0%
8. Nationwide: 2.3%
9. American Family: 2.1%
10. Travelers: 2.0%

Together, these 10 companies own more than 70% of the auto insurance market share in the U.S. As a result, it shouldn't come as a surprise that these companies tend to be the best options for most types of drivers.

Best Car Insurance Companies by Category

To learn more, check out WalletHub's guides to the best car insurance and the largest auto insurers.

In North Dakota, drivers need $25,000 of bodily injury liability insurance per person, up to $50,000 per accident, and $25,000 of property damage liability insurance. North Dakota requires uninsured motorist protection, which replaces the liability coverage an at-fault driver should've had and pays for your costs up to your policy limits. Coverage like MedPay or personal injury protection pays for medical expenses for you and your passengers, and PIP is required in North Dakota. MedPay is not available in New York

Here's How Much Car Insurance Drivers Need in North Dakota:

If you lease or finance your car, you may be required to carry coverage types that are not mandatory under North Dakota law. Lenders usually require comprehensive and collision insurance. Collision insurance covers repairs to your car when you hit another car or object. If the damage to your vehicle was caused by something other than a collision—like a natural disaster, vandalism, falling objects, or animals—it is most likely covered by comprehensive insurance. You might also have to get gap insurance, which covers the difference between what you owe on your loan and what the vehicle is worth at the time of a total loss.

Even if you're not required to carry these optional coverage types, you may still need them. You can learn more about when to drop optional coverage and the penalties for driving without insurance in North Dakota to make sure you're paying for the coverage you need.

Car insurance in North Dakota costs $31 per month, on average, or $370 per year. The average cost of car insurance in North Dakota is 49% lower than the national average auto insurance premium, and North Dakota ranks 5 out of 50 for the most affordable car insurance rates in the U.S.

Average Cost of Car Insurance in North Dakota by Category 

• Clean driving record: $399 per year
• After an at-fault accident: $597 per year
• Driver with poor credit: $732 per year
• Teen driver: $1,520 per year
• After a DUI: $713 per year

There are several factors that affect how much you'll pay for car insurance in North Dakota, including your driving record, age, location, the amount of coverage that you purchase, and the insurance company you buy it from. On average, the cheapest insurance companies in North Dakota are Nodak Mutual, USAA, and AAA. But every insurer has their own way of calculating premiums, so it's a good idea to get quotes from at least three different companies to make sure you find the best deal.

Finally, it's worth noting that car insurance premiums in North Dakota are  average, compared to the cost of coverage in neighboring states like Montana and South Dakota. You can find more details in the table below. 

Cost of Car Insurance in North Dakota vs. Neighboring States

You need $25,000 in bodily injury liability insurance per person ($50,000 per accident) plus $25,000 in property damage liability insurance to drive legally in North Dakota. The North Dakota liability insurance requirements can also be written as 25/50/25. In addition, drivers in North Dakota will need to purchase $30,000 per person in personal injury protection (PIP), plus $25,000 per person and $50,000 per accident in uninsured/underinsured motorist coverage to satisfy the state's minimum car insurance requirements.

Even though North Dakota only requires 25/50/25 in liability insurance, drivers should consider buying more coverage if they can afford it. If you cause an accident that results in damage beyond your policy limits, you will be personally responsible for paying the difference. And no matter what, you should be sure to fulfill the minimum North Dakota car insurance requirements to avoid facing consequences for driving without insurance.

Finally, drivers should also consider purchasing other types of car insurance in order to better protect themselves, given that liability insurance does not provide any coverage for the policyholder's own injuries or property. For instance, collision insurance covers damage to the policyholder's car regardless of fault. And comprehensive insurance pays if the policyholder's vehicle is damaged by something besides an accident, like a natural disaster or vandalism.

Full coverage insurance in North Dakota costs an average of $142 per month ($1,707 annually). A full coverage policy usually includes collision and comprehensive insurance, plus the types of coverage required by North Dakota law. In North Dakota, liability insurance, uninsured motorist coverage, and personal injury protection are mandatory for all drivers.

Monthly Cost of Full Coverage Insurance in North Dakota

Note: Premiums are for a 45-year-old good driver in North Dakota; individual premiums will vary.

How to Get Cheaper Full Coverage Insurance in North Dakota

1. Compare quotes from several companies to make sure you're getting the best deal.
2. Increase your deductible. Higher deductibles lead to lower premiums, but remember to only pick a deductible you'd be able to afford in an emergency.
3. Don't forget to make sure you're getting all the discounts you can.

To learn more, check out WalletHub's guide to full coverage car insurance.