Best North Dakota Homeowners Insurance Quotes (2024)

American Family offers some of the cheapest homeowners insurance policies in North Dakota, with annual premiums starting at $1,502.

Danny Smith
Written byDanny Smith
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Danny Smith
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  • 4+ years in content creation and marketing

As Insurify’s home and pet insurance editor, Danny also specializes in auto insurance. His goal is to help consumers navigate the complex world of insurance buying.

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Katie Powers
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Katie PowersAuto and Life Insurance Editor
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  • 3+ years experience in insurance and personal finance editing

Katie uses her knowledge and expertise as a licensed property and casualty agent in Massachusetts to help readers understand the complexities of insurance shopping.

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Andrew Huang
Data reviewed byAndrew Huang
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Andrew HuangVP, Marketing & Analytics
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  • 12+ years in data analysis and marketing

Andrew applies his vast knowledge of analytics and insurance industry trends to help inform Insurify’s content and marketing efforts.

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Updated November 6, 2024

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The average annual cost of home insurance in North Dakota is $2,519 for a policy with a $1,000 deductible and $300,000 in dwelling coverage, a bit higher than the national average of $2,377. This may be partly due to the state’s moderate tornado risk. The state had seven tornadoes in 2023.[1]

You should always compare home insurance quotes from at least three homeowners insurance companies before picking a policy. Here’s what you need to know about finding good home insurance coverage in North Dakota.

Quick Facts
  • American Family, Farmers, and EMC Insurance are the cheapest home insurance companies in North Dakota, on average.

  • Your deductible will affect your home insurance costs. The average cost of a policy in North Dakota with $300,000 in dwelling coverage and a $500 deductible is $2,580.

  • The more dwelling coverage you have, the more you’ll pay in premiums. The average cost of a policy with $500,000 in dwelling coverage and a $1,000 deductible in North Dakota is $3,773.

Best home insurance companies in North Dakota

You have plenty of good home insurance companies to choose from in North Dakota. The best homeowners insurance companies have affordable rates, extensive coverage options, and reliable customer service. Choose an insurer you can trust to protect your personal property — not just the company with the cheapest rates.

Check out the insurance companies below to start your search. Each is the best insurer for a specific category in North Dakota. The average premiums provided reflect costs for a $300,000 dwelling coverage policy with a $1,000 deductible.

Insurance Company
IQ Score
The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-ten scale. The Insurify editorial team researches insurer data to determine the final scores.
Average Annual Premium
Best For
American Family8.6$1,502Cheapest rates
Farmers8.4$1,607Discounts
Foremost5.2$2,203High-risk homes
State Farm8.2$2,431Customer service
  • Our editorial team spent more than 350 hours developing the Insurify Quality (IQ) Score and scoring insurance companies. The IQ Score objectively analyzes and calculates a score for insurers using more than 15 crucial criteria. The team weighted criteria by importance to the consumer — factors such as customer reviews and affordability influence the score more than availability and third-party ratings.

    We rate each company on a 1 to 10 scale based on five categories: financial ratings, customer satisfaction, affordability, customer support and transparency, and availability. Insurify updates ratings once a year or as more recent information becomes available.

    • Third-party financial ratings: Insurify uses data from AM Best, S&P, Moody’s, and more to compare insurance companies’ credit and ability to pay out future claims.
    • Customer satisfaction: To calculate this score, Insurify analyzed more than 55,000 customer reviews across 155 car insurance companies. We also consider third-party ratings from J.D. Power, the National Association of Insurance Commissioners, and Trustpilot.
    • Affordability: Our data scientists analyzed more than 90 million real-time auto insurance rates from our partners across the U.S., as well as available discounts, to calculate an affordability score.
    • Customer support and transparency: This measures coverage options, ease of claims filing, and the insurer's transparency surrounding discounts, coverages, and claims process.
    • Availability and reach: Insurify scores availability and reach by identifying the number of states in which insurers offer coverage and company size by market share.

Cheapest rates: American Family

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IQ Score
The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-ten scale. The Insurify editorial team researches insurer data to determine the final scores.
9.1/10
JD Power
J.D. Power data measures overall customer satisfaction and claims satisfaction based on a 1,000-point scale.
840
$300,000 Dwelling
A standard HO-3 home insurance policy typically includes dwelling, personal property, and liability coverage. The average rate displayed here reflects a policy with the following coverage limits: $300,000 dwelling; $25,000 personal property; $300,000 personal liability; $30,000 loss of use; and a $1,000 deductible for medical payments to others.
$127/mo
$500,000 Dwelling
A standard HO-3 home insurance policy typically includes dwelling, personal property, and liability coverage. The average rate displayed here reflects a policy with the following coverage limits: $500,000 dwelling; $25,000 personal property; $300,000 personal liability; $30,000 loss of use; and a $1,000 deductible for medical payments to others.
$171/mo

American Family has the cheapest home insurance rates in North Dakota, on average. It offers a wide range of coverage options and discounts, allowing homeowners to save even further. The company also earned an AM Best financial strength rating of A (Excellent). Homeowners looking to save money on their home insurance policy should consider American Family.

Pros
  • Discount for homeowners whose parents have American Family

  • Fewer-than-average complaints on the National Association of Insurance Commissioners (NAIC) National Complaint Index

Cons
  • Liability coverage not available to owners of some dog breeds

  • Some app users have experienced issues

Best insurer for discounts: Farmers

Compare personalized, real-time quotes
IQ Score
The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-ten scale. The Insurify editorial team researches insurer data to determine the final scores.
8.3/10
JD Power
J.D. Power data measures overall customer satisfaction and claims satisfaction based on a 1,000-point scale.
815
$300,000 Dwelling
A standard HO-3 home insurance policy typically includes dwelling, personal property, and liability coverage. The average rate displayed here reflects a policy with the following coverage limits: $300,000 dwelling; $25,000 personal property; $300,000 personal liability; $30,000 loss of use; and a $1,000 deductible for medical payments to others.
$129/mo
$500,000 Dwelling
A standard HO-3 home insurance policy typically includes dwelling, personal property, and liability coverage. The average rate displayed here reflects a policy with the following coverage limits: $500,000 dwelling; $25,000 personal property; $300,000 personal liability; $30,000 loss of use; and a $1,000 deductible for medical payments to others.
$204/mo

Farmers is the best home insurance company for discounts in North Dakota. The insurer offers a plethora of discounts for homeowners to choose from, including bundling, new-home, and protective device discounts. It’s an excellent option for homeowners looking for affordable, reliable, and discountable home insurance policies.

Pros
  • AM Best financial strength rating of A (Excellent)

  • Fewer-than-average complaints on the NAIC National Complaint Index

Cons
  • Below-average customer satisfaction rating in the J.D. Power 2023 U.S. Home Insurance Study[2]

  • Not the cheapest option

Best insurer for high-risk homes: Foremost

Compare personalized, real-time quotes
IQ Score
The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-ten scale. The Insurify editorial team researches insurer data to determine the final scores.
7.4/10
$300,000 Dwelling
A standard HO-3 home insurance policy typically includes dwelling, personal property, and liability coverage. The average rate displayed here reflects a policy with the following coverage limits: $300,000 dwelling; $25,000 personal property; $300,000 personal liability; $30,000 loss of use; and a $1,000 deductible for medical payments to others.
$187/mo
$500,000 Dwelling
A standard HO-3 home insurance policy typically includes dwelling, personal property, and liability coverage. The average rate displayed here reflects a policy with the following coverage limits: $500,000 dwelling; $25,000 personal property; $300,000 personal liability; $30,000 loss of use; and a $1,000 deductible for medical payments to others.
$276/mo

Foremost is the best home insurance company for high-risk homes in North Dakota. Owned by Farmers, Foremost offers home insurance to people who don’t qualify for standard homeowners insurance. If you’re a high-risk homeowner, Foremost is an option to consider. Although it may not be the cheapest option, it could be right for your home.

Pros
  • Insures homeowners with less-than-perfect credit histories

  • AM Best financial strength rating of A (Excellent)

Cons
  • Not rated by J.D. Power for customer satisfaction

  • Higher rates than other North Dakota insurers

Best insurer for customer service: State Farm

Compare personalized, real-time quotes
IQ Score
The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-ten scale. The Insurify editorial team researches insurer data to determine the final scores.
9.3/10
JD Power
J.D. Power data measures overall customer satisfaction and claims satisfaction based on a 1,000-point scale.
842
$300,000 Dwelling
A standard HO-3 home insurance policy typically includes dwelling, personal property, and liability coverage. The average rate displayed here reflects a policy with the following coverage limits: $300,000 dwelling; $25,000 personal property; $300,000 personal liability; $30,000 loss of use; and a $1,000 deductible for medical payments to others.
$277/mo
$500,000 Dwelling
A standard HO-3 home insurance policy typically includes dwelling, personal property, and liability coverage. The average rate displayed here reflects a policy with the following coverage limits: $500,000 dwelling; $25,000 personal property; $300,000 personal liability; $30,000 loss of use; and a $1,000 deductible for medical payments to others.
$400/mo

State Farm is the best insurance company for customer service in North Dakota. It has a far-below-average number of complaints on the NAIC National Complaint Index. It’s a great option for North Dakota homeowners looking for steady coverage and reliable customer service after an incident.

Pros
  • 829/1,000 customer satisfaction score in the J.D. Power 2023 U.S. Home Insurance Study

  • Large network of local agents in North Dakota

Cons
  • Not as affordable as other North Dakota insurers

  • Fewer available discounts than other insurance companies

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Cheapest home insurance in North Dakota

America Family offers the cheapest home insurance in North Dakota, with an average rate of $125 per month. Home insurance rates in the Roughrider State can vary drastically by insurer because each company determines your policy’s premium differently.

The table below highlights some of the other cheapest home insurance options in North Dakota. The average costs below are for policies with $300,000 in dwelling coverage and a $1,000 deductible.

Insurance Company
Average Annual Premium
American Family$1,502
Farmers$1,607
EMC Insurance$1,800
Farmers Union Mutual Insurance$1,934
Foremost$2,203
Nodak Mutual$2,371
Allstate$2,629
North Star$2,633
Auto-Owners$2,844
Metropolitan$3,828
Country$4,255

Cost of homeowners insurance in North Dakota

The average cost of homeowners insurance in North Dakota is $2,519 per year for a $1,000 deductible policy with dwelling coverage of $300,000. But your exact rate will depend on your location, how much coverage you buy, and the company you choose. The higher the coverage limits you select, the higher the premiums you’ll pay.

Some other factors that affect your premium are your home’s structure, size, age, local building material costs, your ZIP code, deductible, and even your credit history. Older homes are often more expensive to insure since they typically have more issues than new houses, making them a greater liability.[3]

Cost of homeowners insurance by dwelling coverage amount

Your dwelling coverage amount also has a significant effect on how much you’ll pay in premiums. Dwelling coverage is the most important part of homeowners insurance, covering property damage after a covered loss, such as a tornado. The higher your dwelling coverage limits are, the more you’ll pay for coverage.

Check out the table below to see just how much your premium can increase when you choose higher dwelling coverage limits for your home. The average annual premiums below are for North Dakota homeowners policies with a $1,000 deductible.

Coverage Limit
Average Annual Premium
$100,000$1,232
$200,000$1,888
$300,000$2,519
$400,000$3,149
$500,000$3,773

Cost of homeowners insurance by deductible

Your home insurance deductible is how much your insurer requires you to pay out of pocket for damages before it’ll cover any damages. Home insurance deductibles typically range between $500 and $2,000, and the amount you pick will affect your premium. The higher your deductible, the lower your premium will be, and vice versa.

See how your premium for a policy with $300,000 in dwelling coverage can change based on your chosen deductible in the table below.

Deductible Amount
Average Annual Premium
$500$2,580
$1,000$2,519

How to get cheap homeowners insurance in North Dakota

You can get cheap homeowners insurance in North Dakota in numerous ways. Here are some of the best ways to save on coverage:

  • Compare home insurance quotes. Always compare quotes from multiple companies. This is the best way to save money on a homeowners insurance policy since every insurer sets premiums differently.

  • Apply for discounts. Discounts are another great way to save money on your home insurance policy. Nearly every insurance company offers discounts — just ask your insurer about them. For example, bundling your home insurance with your auto insurance is a very common discount that can often save you quite a bit.

  • Increase your deductible. Raising your home insurance deductible lowers your monthly premiums immediately, but it means you’ll have to pay more out of pocket after a claim. Make sure you can pay the higher deductible before raising it.

  • Improve your credit history. Boosting your credit can lower your home insurance premiums, as insurers consider your credit history when setting insurance rates. A higher credit-based insurance score indicates a smaller chance of filing a claim, so homeowners with good credit often pay cheaper premiums than homeowners with bad credit.[4]

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How much homeowners insurance do you need in North Dakota?

North Dakota doesn’t require homeowners to carry any home insurance coverage, but it’s still a good idea to buy it. Home repairs and replacement costs can get very expensive quickly without help from an insurance company. If you have to take out a mortgage on your home, your lender will likely require you to have homeowners insurance anyway.

When buying home insurance, the 80/20 rule is a good guideline to follow for how much coverage to purchase. You should have insurance equal to or greater than 80% of your house’s replacement cost. No matter how much dwelling coverage you end up buying, it’s important to know exactly what your home insurance covers because it won’t cover everything.

What are some of the biggest risks when owning a home in North Dakota?

Owning a home in North Dakota comes with various perils that homeowners should be aware of, including:

  • illustration card https://a.storyblok.com/f/162273/150x150/a72798aa06/weather-96x96-green_016-snow.svg

    Snowstorms

    North Dakota experiences harsh winters that come with severe winter storms and blizzard-like conditions, both of which can cause major damage to homes.[5] Your basic homeowners insurance policy will cover most damage from snow and ice.

  • illustration card https://a.storyblok.com/f/162273/150x150/0194b78427/weather-96x96-orange_043-flood.svg

    Floods

    North Dakota experiences river flooding at times, and standard home insurance doesn’t cover flood damage. You’ll have to buy a separate flood insurance policy from your insurance company or through the National Flood Insurance Program (NFIP) if you live in a high-risk area.

  • illustration card https://a.storyblok.com/f/162273/150x150/d2251ba1fd/weather-96x96-blue_018-tornado.svg

    Tornadoes

    North Dakota experiences tornadoes occasionally — it had seven in 2023.[1] Standard home insurance covers most tornado damages from wind and debris. If you’re wondering exactly what your policy covers, ask your insurance agent.

North Dakota homeowners insurance FAQs

The following information can help answer your remaining questions about homeowners insurance in North Dakota.

  • How much is home insurance in North Dakota?

    The average annual cost of home insurance in North Dakota is $2,519 for a policy with $300,000 in dwelling coverage and a $1,000 deductible. For a policy with a $500 deductible, the average annual cost is $2,580. How much you pay for coverage will depend on your deductible, dwelling coverage amount, ZIP code, home condition, and more.

  • Which company has the cheapest homeowners insurance in North Dakota?

    American Family has the cheapest home insurance in North Dakota, with an average annual premium of $1,503 for a policy with $300,000 in dwelling coverage and a $1,000 deductible.

    Farmers and EMC Insurance also have affordable coverage, with respective average annual premiums of $1,607 and $1,800.

  • Does North Dakota require homeowners insurance?

    No. North Dakota state law doesn’t require homeowners insurance, but your mortgage company will require it if you have a mortgage.

    Even if you don’t have to buy home insurance, it’s a good idea to have it. Home insurance can protect your house and personal belongings in the event of covered perils. It can also cover your liability if someone incurs an injury on your property.

  • Which homeowners insurance company has the highest customer satisfaction?

    Erie, Amica, and Auto-Owners earned the highest customer satisfaction rankings in the J.D. Power 2023 U.S. Home Insurance Study. Of the companies highlighted in Insurify’s review, American Family and Farmers both have a below-average number of claims filed with the NAIC, which indicates a high level of customer satisfaction.

Sources

  1. National Weather Service. "2023 ND Tornadoes."
  2. J.D. Power. "Home Insurer Exodus from Several States Creates Challenges and Opportunities, J.D. Power Finds."
  3. Experian. "10 Factors That Impact the Cost of Homeowners Insurance."
  4. Insurance Information Institute. "12 Ways to Lower Your Homeowners Insurance Costs."
  5. NDResponse.gov. "Severe Winter Weather."
Danny Smith
Danny Smith

Danny is a Brooklyn-based writer with a producer’s license for property and casualty insurance. A former editor at Insurify, he specializes in auto, home, and pet insurance. He works to translate his insurance expertise into digestible, easy-to-understand content for drivers, homeowners, and pet owners alike.

Danny has been a contributor at Insurify since March 2022.

Katie Powers
Edited byKatie PowersAuto and Life Insurance Editor
Photo of an Insurify author
Katie PowersAuto and Life Insurance Editor
  • Licensed auto and home insurance agent

  • 3+ years experience in insurance and personal finance editing

Katie uses her knowledge and expertise as a licensed property and casualty agent in Massachusetts to help readers understand the complexities of insurance shopping.

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Andrew Huang
Data reviewed byAndrew HuangVP, Marketing & Analytics
Headshot of Andrew Huang, Directory of Analytics at Insurify
Andrew HuangVP, Marketing & Analytics
  • Chartered financial analyst

  • 12+ years in data analysis and marketing

Andrew applies his vast knowledge of analytics and insurance industry trends to help inform Insurify’s content and marketing efforts.

Featured in

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