There is a lot to do in North Dakota. From the Four Bears Casino, to the Dinosaur Museum, to the many opportunities for fishing, hunting, or just hiking, there are attractions and activities for native and tourist alike. You may own a home or a business, one car or several; you may be single or have a large family. Whatever your circumstances, you should be sure that you have a full North Dakota insurance program to protect yourself, your family and your assets.
An independent Trusted Choice® agent can help. By accessing multiple markets, an independent agent can offer you options for coverage and rates. There are 43 Trusted Choice agents in North Dakota, so you should have no trouble finding a nearby agent to work with you. Contact an independent agent today, to get the North Dakota insurance quotes and answers you need.
Why Choose an Independent Agent?
There are two kinds of agents:
- A captive agent is contractually bound to one company and can only offer you the products of that company.
- Independent agents, however, are free to represent more than one company and can offer you more alternatives for your North Dakota insurance needs. You may find it best to combine all your coverage in one company, in order to get a multi-policy discount, or your best overall solution might be several policies from different companies.
Which would you rather have? One choice as to where to buy coverage, or many? Remember the additional flexibilities and capabilities enjoyed by independent agents allow them to offer you better service.
Buying North Dakota Car Insurance
North Dakota law requires the following mandatory minimum auto insurance coverages:
- Bodily injury liability of $25,000 per person and $50,000 per accident
- Property damage liability of $25,000 per accident
- Uninsured/Underinsured motorists coverage of $25,000 per person and $50,000 per accident
- Personal Injury Protection (PIP) of $150 per week subject to a $30,000 maximum
These are minimum limits, but most drivers will choose to carry much higher coverage for adequate protection. North Dakota is a limited "no fault" state, and where the PIP coverage is not adequate, one can still sue, and be sued, for bodily injury.
In addition to the coverages above, a complete automobile insurance policy will provide the following:
- Medical payments coverage for medical costs arising from injuries from the use of your vehicle, regardless of fault
- Comprehensive and collision coverage to reimburse you for damage to your vehicle, or its loss by theft
- Optional coverage for things like towing and labor, roadside assistance, and emergency vehicle replacement coverage
Buying North Dakota Homeowners Insurance
If you are like most people, your home is your most valuable possession. Almost everyone insures their home, but industry statistics show that many people do not get the maximum value from their policy, because they do not insure the home for its full replacement cost.
A standard homeowners policy will provide the following coverages:
- Dwelling coverage which includes attached garages and storage facilities
- Other unattached structures on the same lot
- Contents coverage for your personal property
- Limited coverage for trees, shrubs and plants
- Additional living expense, in case you have to live elsewhere after an insured loss
- Liability coverage for bodily injury and property damage related to your home or your activities
- Medical payments for medical expenses from injuries on your property, even though you might not be at fault
There are limitations and exclusions in each policy. Some of the more important are:
- A homeowners policy will not cover flood damage
- A homeowners policy will not cover earthquake damage
- There are limitations for certain of your contents, such as jewelry, furs, fine arts, money and securities, and stamp and coin collections
Special coverage options to address these concerns can often be purchased separately, or as riders to your homeowners policy. Flood insurance is available through the National Flood Insurance Program.
Obtaining North Dakota Business Insurance
Putting together a business insurance package takes skill and experience. You need to work with a professional agent who can access more than one insurance carrier, to be able to cover all your unique needs. That's why Trusted Choice agents write more business policies than any other insurance company. The basic coverages in a business insurance program will include:
- Building coverage, if you own the premises in which your business is located
- Contents coverage for the business personal property in your building
- Coverage for contents not in the building, such as mobile equipment, property in transit and property stored elsewhere
- Business interruption coverage, for lost income and extra expenses caused by an insured loss
- General liability and auto liability for your legal responsibility for the bodily injury or property damage of others
- Umbrella liability for higher limits
- Comprehensive and collision coverage on your owned vehicles
- Workers compensation coverage for the work-related injuries of your employees
- Professional liability, in case you have an errors or omissions exposure
- Employee benefits such as life, health and disability, if you choose to make them available
- Corporate owned life insurance to cover the untimely death of a key employee or to fund a business perpetuation agreement
These are just the basic coverages that every business should consider. If you have other exposures you need to work with your agent, so that they can be covered by endorsement or a separate policy.
You may end up with one policy covering all your risks, or you may end up with several policies from different companies, if that gives you the maximum protection for the least cost. A captive agent will be able to offer you coverage from only one company.
Finding North Dakota Life Insurance
You might have several reasons to look for life insurance:
- You might want to give your family some protection in the case of your death
- You might need life insurance as part of your business planning to insure the life of a key person or to fund a buy-sell agreement
- Perhaps you wish to add life insurance as an option in your employee benefit program
There are different forms of life insurance for different purposes. You might need term life, whole life, universal life or some other life insurance policy to fit your needs. You may want individual life or group life. Whatever your situation it is a good idea to work with a professional agent who can access multiple markets and obtain more than one North Dakota insurance quote to give you the best alternative at the right price.
How to Buy Health Insurance in North Dakota
With the advent of the Affordable Care Act there are many changes in the U.S. health insurance market. If you are seeking individual health insurance in North Dakota, you will have three alternatives:
- If you presently have coverage through an employer sponsored plan, that coverage will probably continue, but you may have a change in benefits or premium beginning in 2014
- If you do not have employer sponsored insurance then you can access health coverage through the North Dakota insurance exchange, starting on October 1, 2013, at www.healthinsurance.org/north_dakota-state-health-insurance-exchange
- Your third alternative is to shop the open market for coverage. You can access some markets directly by searching on-line, but you would probably be better served by going through an independent agent who knows the marketplace and can obtain multiple North Dakota insurance quotes on your behalf.
As of January 1, 2014 if you have no coverage or if the coverage you do have does not meet the minimum standards of the ACA you will be subject to a fine.
Buying North Dakota ATV Insurance
There were 74 deaths in North Dakota associated with ATV use in the years 1982 to 2011. There are many miles of ATV trails in North Dakota, but before venturing out, you should be sure you have adequate insurance and know the rules.
- All ATVs in North Dakota must be registered.
- Drivers under 18 must wear a helmet
- Drivers 12 to 16 must have either a drivers license or a certificate of completion for an approved ATV course
- It is illegal to carry passengers on an ATV unless it is designed for passenger use
There are some common sense things you can do to reduce your risk:
- Take an approved ATV safety course
- Be sure all drivers wear a helmet
- Do not carry passengers unless the ATV is designed for that purpose
- Stay on approved trails
- Be sure children are trained and can handle the ATV they are driving
You may wish to purchase liability coverage and physical damage coverage on the ATV itself. You may also want to buy optional coverages like medical payments, towing, or road side assistance, to minimize your financial risks.
Obtaining North Dakota Insurance
You may need personal insurance or business insurance or both. Remember that a member agent in the Trusted Choice network can access multiple companies to obtain North Dakota insurance quotes on your behalf. An independent agent can offer you a customized insurance program through one company or several.
Agents in the Trusted Choice network are committed to work with you for all your coverage needs. You may be able to enjoy discounts by having two or more policies with the same carrier, or your best plan might involve policies from different companies. Contact a local member agent in your area today.