What is the average cost of renters insurance in North Dakota?

According to a 2022 study by the National Association of Insurance Commissioners (NAIC), the average annual cost of renters insurance in North Dakota is $149. This is lower than the national average of $168.

The cost of renters insurance can vary depending on a number of factors, including the location of the rental property, the size and age of the rental unit, and the type of coverage desired. For example, renters insurance in Fargo, the largest city in North Dakota, is typically more expensive than renters insurance in rural areas. Similarly, renters insurance for a larger or older rental unit will typically cost more than renters insurance for a smaller or newer unit.

It is important to compare quotes from multiple insurance companies before purchasing renters insurance to find the best deal. Some companies offer discounts for renters who bundle renters insurance with other types of insurance, such as auto insurance or homeowners insurance.