The average cost of car insurance in the U.S. is $1,674 for full coverage. Fargo drivers, though, can expect to pay an average of only $1,085 for full coverage, and $321 for the state’s minimum required coverage. Cass County saw 2,062 accidents in 2020, making it vital for residents to find the best car insurance in Fargo.
In our search for the cheapest car insurance in Fargo, we looked first at price. Other quality indicators included customer service, financial stability, and the range of coverage options and discounts. Five companies excelled in all of these areas.
Fargo’s best car insurance company
Auto-Owners is Nodak, State Farm, State Farm, USAA and Geico are our top five choices. The J.D. rated all five companies as having competitive rates and excellent customer service. Power 2020 Customer Satisfaction Index Ranking for the North Dakota region. All of them offer a wide range of coverage options, as well as discounts that can help lower your premiums.
Auto-Owners
Auto-Owners offers a minimum coverage rate below the Fargo average for car insurance. J.D. Power also rates it at the top. Power’s listing is based upon the satisfaction ratings of thousands of policyholders.
You can also customize your Auto-Owners policy to include loan/lease gap, roadside help, and other options. If you are involved in an accident with another insured vehicle, the company will waive your collision deductible. You can get a generous 13 discount, as well as a green discount for paperless billing.
Geico
Geico, which boasts that they can save you 15% in just 15 minutes, offered us some of the lowest prices. Geico’s average price of $824 for full coverage is less than $70 per month making them one the most affordable car insurance companies in Fargo.
Geico offers fewer options to customize your quote than other companies, but if you’re looking for a low-cost policy with solid coverage, this company might be a good choice. You can also get discounts, including discounts for senior drivers, military personnel, and members of over 500 organizations and groups.
Nodak
Nodak, a North Dakota-based company, sells insurance in North Dakota only. The company’s 70+ employees have a deep understanding of North Dakota drivers and can offer lower rates to policyholders because it has fewer overhead.
Nodak does not have the policy extras that some of the bigger companies offer, but it features all the coverage you need for minimal or full insurance, along with uninsured/underinsured motorist and new car replacement insurance. You get generous discounts such as a 25% discount for children when they purchase their first car, and a $150 disappearing deductible each year that you are not a claim-free.
State Farm
State Farm is the most important auto insurance company in America. It has the resources to offer robust policies to Fargo residents. J.D. rates the company higher than the regional average. Power has received an A++ rating from AM Best which is a measure of financial stability and strength.
State Farm’s low rates are even more affordable if you take advantage the 13 discounts offered by the company for Fargo car insurance. The website is state-of the-art and offers additional coverage such as rideshare and rental car coverage. It also allows you to easily do your insurance business online.
USAA
USAA’s low rates, outstanding customer service ratings and great customer service make it an excellent choice for Fargo residents. USAA isn’t at the top of our list because it only sells policies to military personnel, veterans, and their families. USAA is the best place to start if you fall within this demographic when searching for auto insurance quotes Fargo.
USAA policies are designed to benefit the military. You can get a discount for garaging your vehicle at military installations. You can also get discounts for safe driving habits and bundling your auto with homeowners. You may be eligible to receive up to 60% savings if you are deployed.
Fargo has the lowest car insurance
Cost of car insurance can vary widely depending on where you live and many other factors. In North Dakota, it is on the cheap side compared to the national annual average in the U.S The state average for full coverage is $1,264, compared to the national average of $1,674. The best car insurance companies in Fargo may be able to offer you a rate even below this average.
We have highlighted the cheapest car insurance in Fargo on the table below. Geico and USAA are two of the companies on our top-of list. Although they are writing low-cost policies for the region, Farmers, American Family, and Nationwide also have the ability to do so, their J.D. scores are not as high. Power customer satisfaction ranking. The Farmer average minimum coverage rate was one of the lowest, while American Family’s full-coverage average rate was the highest of all the companies that we examined.
Fargo insurance requirements
Like almost every state in the U.S., North Dakota requires its drivers to have auto insurance. These are the minimum requirements:
- $25,000 per person/$50,000 for bodily injury liability
- $25,000 per accident for property damage liability
- $25,000 per person/$50,000 per accident of uninsured/underinsured motorist coverage
- Personal injury protection (PIP), $30,000
Your lender might require additional coverage if you have a car loan or a car leased. Most commonly, this is collision and comprehensive. This covers damage to your car in an accident.
Additionally, insurance experts recommend you buy more than the minimum necessary. A serious accident could result in a high degree of financial liability. You are responsible for any excess you pay.
Fargo car insurance discounts
If you are eligible, almost every insurer offers discounts which can lower your premium rates. The following are some of the most popular auto insurance discounts in Fargo:
- Driving defensively:You may be able save as much as 5% by taking a simple defensive driving course online.
- Bundling:You can save money if you use the same insurance company for your auto, homeowners, renters and condo policies as well as your life, homeowners, condo, or life policies.
- Air bagsAirbags have been mandatory in cars since 1993. Airbags may qualify for a discount if they are installed on your vehicle.
- Telematics:Telematics is becoming more popular among insurers. This requires the installation of an application on your smartphone to receive real-time data on your driving habits. You may be eligible for a discount if you demonstrate safe driving skills.
- Excellent studentA discount may be available if your young driver has a certain GPA. If your child is away from school, you may be eligible for one.
Questions frequently asked
Which is the best auto insurance company?
To find the best car insurance, you need to get multiple quotes. You might not find the best Fargo car insurance for your neighbor. To start your search, take a look at the companies on our Best Car Insurance Companies of 2021 page.
What is the cost of Fargo car insurance?
Fargo’s average annual car insurance cost is $321 for minimal coverage and $1,085 to full coverage. Your premium rate will be based on specific factors such as the make and model of your car, your marital status, credit rating, and your age.
What amount of Fargo car insurance do you need?
You need to have at least 25/50/25 liability, along with uninsured/underinsured motorist coverage and PIP. Insurance experts recommend that you purchase more coverage than the minimum if you have the means to do so.