Average renters insurance cost in Bismarck, North Dakota

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Renters insurance in Bismarck, North Dakota averages $208 annually – $8 more than the state average of $200 per year.

A standard renters insurance policy covers your personal belongings against fire, smoke, theft, and vandalism. It also provides liability protection if you’re held responsible for injuring someone or damaging their property.

Factors like your ZIP code, deductible, coverage limits, insurer, and eligible discounts all play a role in determining your final rate.

How to get the best deal for renters insurance in Bismarck

Request quotes from at least three different insurers – pricing varies significantly, and the savings from switching can reach hundreds of dollars a year.
Combine your renters policy with your auto or another insurance policy at the same company to qualify for a bundling discount.
Consider raising your deductible from $500 to $1,000 – it can reduce your annual premium by $15.
Inquire about discounts for home safety features like deadbolts, smoke alarms, or a monitored security system.
Opt to pay your premium annually rather than monthly – most insurers reward this with a lower rate.

What is the average cost of renters insurance per month in Bismarck?

Renters insurance costs in Bismarck depend on both your insurer and the coverage level you choose. The average monthly rate for a policy with $20,000 in personal property coverage and a $1,000 deductible is $12.

Stepping up to $40,000 in personal property coverage adds roughly $5 more per month, bringing the typical premium to $17 – which includes $40,000 in personal property coverage, $100,000 in liability protection, and a $1,000 deductible. That’s equals to the state average of $17.

Key takeaways

Renters insurance protects your belongings and provides liability coverage in your rental home
Renters insurance in Bismarck costs an average of $208 annually
American Family is the most affordable insurer in the city
Your premium is affected by your insurer, coverage limits, ZIP code, and eligible discounts
Higher coverage limits make sense if you own valuables such as electronics, jewelry, or high-end furniture

How much is renters insurance in Bismarck? Rates by deductible

For a policy with $20,000 in personal property coverage and a $500 deductible, renters in Bismarck pay an average of $164 per year.

Your deductible is the share of a claim you cover before your insurer pays the rest. It’s also one of the most direct levers for controlling your premium – raising it from $500 to $1,000 can knock $15 off your annual cost.

The table below shows how premiums change across different personal property coverage amounts and deductible levels.

Deductible	Rates with $20,000 personal property	$40,000 personal property	$60,000 personal property
500	$164	$230	$290
1000	$149	$208	$261

Who offers affordable renters insurance in Bismarck?

American Family tops the list for affordability in Bismarck, coming in at $157 per year or $13 monthly. State Farm holds the second spot, with North Star Mutual rounding out the top three.

The table below compares average annual and monthly premiums from the most affordable renters insurance providers in Bismarck.

Renter insurance provider	Average annual rate	Average per month rate
American Family	$157	$13
State Farm	$176	$15
North Star Mutual	$177	$15
Allstate	$193	$16
Farmers	$220	$18
Auto-Owners	$224	$19
Agraria Mutual	$228	$19
Nodak Insurance	$236	$20
Country Financial	$247	$21

How to lower the cost of renters insurance

You can lower the cost of renters insurance by shopping around, bundling policies, and going for a higher deductible.

Bundle policies. Pick your renters, auto, and other insurance with one provider to unlock multi-policy savings.
Increase your deductible. Raising your deductible cuts your premium right away – just make sure you have enough set aside to cover it if you need to file a claim.
Choose the right coverage amount. Make an account of your belongings once a year. If you don’t have much value, your current personal property coverage limit may be higher than it needs to be.
Avoid filing small claims. Frequent small claims can push your rates up more than a single large one. When the damage is minor, paying out of pocket often works out better.
Improve your credit score. Most states allow insurers to factor in credit when pricing policies. Keeping your score healthy can have a direct impact on your premium and keep your rates steady.
Compare quotes every renewal. Premiums shift from year to year. A quick comparison at renewal – about 30 minutes – can save hundreds of dollars.

Renters insurance replaces your belongings after theft or damage, and it protects you financially if you’re held liable for someone else’s loss. Comparing quotes and taking advantage of available discounts are the most effective ways to keep your cost down.

Frequently asked questions

Is renters insurance required in Bismarck?

It isn’t required by state law, though some landlords make it a condition of renting. Either way, a policy provides valuable protection for your belongings and covers you if a visitor is injured on your property.

What does renters insurance cover?

Renters insurance covers personal belongings lost or damaged through covered events, liability if you’re held responsible for injury or property damage, and temporary housing costs if your rental becomes unlivable after a covered incident.

How much renters insurance do I need?

A good starting point is enough to replace all of your possessions. For anyone with higher-value items – think electronics, jewelry, or collectibles – it’s worth looking at higher limits or adding scheduled item coverage.

Who has the cheapest renters insurance in Bismarck?

American Family offers the most affordable rates in Bismarck, averaging $13 per month.

Methodology

Insure.com worked with Quadrant Information Services to compile renters insurance rate data for Bismarck, using a policy with $40,000 in personal property coverage, $300,000 in liability coverage, and a $1,000 deductible. All rates are based on a good credit tier profile.

How much is renters insurance in other cities?

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Alisha Ambre

Alisha Ambre holds a Bachelor of Arts with honours in English Literature and Media Studies. She focuses on crafting clear, engaging content that makes complex information feel practical and approachable for everyday readers. When she’s not writing, she’s likely on the volleyball court or immersed in a good video game.