Average homeowners insurance cost in West Fargo, ND

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In West Fargo, homeowners pay an average annual rate of $2,912 for a coverage level that includes $300,000 for dwelling, $100,000 for liability protection, and a $1,000 deductible, according to our data. This is $330 more than the national average of $2,582 .

Homeowners insurance premiums can vary significantly from one property to another. In West Fargo, the cost of home insurance is influenced by several factors, including:

Size of your home
Age of your home
Amount of coverage required
Location
Your credit score

It’s crucial to compare quotes from multiple insurers to ensure you get the best homeowners insurance policy. This allows you to find the coverage that meets your specific needs.

Read our guide to discover the monthly homeowners insurance cost in West Fargo, explore the insurance costs for different dwelling coverage, and find out which companies offer affordable home insurance in West Fargo.

Key Takeaways

Homeowners insurance costs $2,912 per year in West Fargo.
At $1,903 per year, Agraria Mutual offers the cheapest homeowners insurance in West Fargo.
Your home insurance rates increase by $655 more annually if you increase your dwelling coverage from $200,000 to $300,000.

Average homeowners insurance cost in West Fargo per month

West Fargo homeowners pay an average of $243 a month. It’s $31 less than the state average of $274 and $28 more than the national average for home insurance across the nation. The price of your homeowners insurance policy in West Fargo may vary depending on where you live, the value of your home, and the coverage you choose.

Average homeowners insurance cost for a $200,000 house

Homeowners insurance with $200,000 in dwelling coverage and $100,000 in liability protection costs about $2,257 per year in West Fargo. Your rate can vary based on a number of factors, especially the risk of natural disasters in your area. Places more prone to floods, hurricanes, or tornadoes often face higher rebuilding costs, which leads to higher insurance premiums.

It is important to note that your insurance plan may not cover flood or hurricane damage. So, if you live in an area prone to flooding, consider buying flood insurance coverage.

Average homeowners insurance cost for a $300,000 house

Homeowners in West Fargo typically pay an average of $2,912 annually for a home insurance policy with $300,000 in dwelling coverage, $100,000 in liability protection, and a $1,000 deductible.

If you increase your dwelling coverage from $200,000 to $300,000, your home insurance rates will rise by $655 . You should purchase enough insurance to cover the entire cost of rebuilding your home. The required amount of dwelling coverage can vary based on factors such as the size of your home, its features, and the cost of living in your area.

Average homeowners insurance cost in West Fargo by company

After comparing several homeowners insurance companies, Agraria Mutual offers the lowest rates in West Fargo. Its average annual rate for homeowners in West Fargo is $1,903 , while Nodak Insurance is the second-cheapest.

Researching the insurance company is crucial before selecting a homeowners insurance policy. Our experts have analyzed all insurance providers in West Fargo and compiled a list of the cheapest home insurance providers. Below, you’ll find the home insurance companies in West Fargo and their average annual premiums.

Home Insurance Company	Annual rate
Agraria Mutual	$1,903
Nodak Insurance	$1,986
North Star Mutual	$1,998
American Family	$2,082
Allstate	$2,324
Country Financial	$2,534
State Farm	$2,710
Auto-Owners	$2,724
Farmers	$4,592

Bundling your home insurance with other policies, like auto insurance, can lead to significant savings. Insurance companies often offer discounts for customers who combine multiple policies. By bundling, you can reduce your premiums and manage your insurance needs with one company.

Natural disasters in North Dakota that can impact your home insurance

Living in North Dakota means facing the risk of natural disasters that can seriously damage your home and belongings. These events can lead to expensive repairs and major insurance claims. That’s why it’s so important to understand which disasters are most likely in your area before choosing a home insurance policy.

Being aware of your local risks helps you choose the right level of protection, from setting appropriate coverage limits to deciding on deductibles or adding extra coverage. Taking the time to tailor your policy to those risks can help you avoid being underinsured and give you peace of mind if you’re impacted by a natural disaster.

North Dakota is commonly affected by Cold wave and Winter weather.

How home insurance protects you against natural disasters

If your home is hit by a covered event, your insurance can help pay for repairs, replace your belongings, and even cover temporary housing if you can’t live in your home. Having the right coverage in place can make it a lot easier to get back on your feet after a disaster.

That said, not everything is automatically included. While most standard policies cover things like wind, hail, and lightning, you’ll usually need extra coverage for disasters like floods, earthquakes, or wildfires. It’s worth taking the time to understand exactly what your policy includes so there are no surprises when you need it most.

Make sure your coverage is disaster-ready

The best time to review your homeowners insurance is before a storm hits. If you’ve made upgrades to your home or live in a disaster-prone area, you may need more coverage than you think. A quick policy check now can prevent big financial losses later.

Methodology

Insure.com, with the help of Quadrant Information Services, gathered data for homeowners insurance rates in West Fargo for $300,000 dwelling coverage and $100,000 liability coverage with a $1,000 deductible. The data presented are those with a good credit tier alignment.

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Shivani Gite

Contributing Writer

Shivani Gite is a personal finance and insurance writer with a degree in journalism and mass communication. She is passionate about making insurance topics easy to understand for people and helping them make better financial decisions.