North Dakota has one of the smallest populations in the country. In recent years, the state has enjoyed strong economic growth and the population is growing quickly. Many new home buyers are on the hunt for affordable, comprehensive North Dakota homeowners insurance. Established homeowners may find that property values and coverage needs are changing as new opportunities and population changes take place in the community. Selecting the right insurer and policy options for you in this time of growth is important.
A local North Dakota Trusted Choice® member agent can help you compare multiple insurers and policy options quickly, whether you are purchasing a new home or trying to figure out if your old coverage is still adequate. Because these professionals are independent agents who don’t work for anyone but you, they can find the best North Dakota home insurance quotes so you can make a good purchasing decision.
North Dakotans can expect average yearly premiums right around the national average, although your specific premium may be slightly higher or lower depending on where you live in the state.
North Dakota has a higher number of catastrophes than most of the states. And its number of tornadoes puts the state in the upper quartile of states with a high number of tornadoes.
Flooding is another problem that can plague residents, especially in the Red River Valley region near Fargo. Flooding can be caused by snow melt, storms, or even backed up sewer systems, so even if you don’t live on a flood plain, it might be wise to consider covering your home. Many basic home policies exclude coverage for flooding. You may need to cover your house and property with additional coverage from The National Flood Insurance Program or an additional rider on your standard policy. Your agent should be able to help you figure out what you need.
Burglaries are fairly uncommon in the state. Of course, these are average numbers and your own risk may be different depending on where you live. Make sure you consider getting your personal property covered when you select a new home policy.
You can compare North Dakota homeowners insurance rates online or by calling around to several different insurers. This can be a complex and time-consuming process. An independent Trusted Choice member agent will be happy to compare policies for you.
Your coverage needs may vary because of your home value, where in the state your house is located, and many other factors. A good agent can help you find the right coverage at the best possible price.