North Dakota Auto Insurance

The state of North Dakota requires all insurance companies to make sure their policy holders carry the required insurance policies.  North Dakota residents must carry liability, uninsured, underinsured and personal injury protection coverage.  Uninsured and underinsured coverage provides protections against drivers who do not carry the mandatory liability auto insurance demanded by the state. 

You or your insurance company may exclude members of your household from coverage on your insurance policy.  If the individual is not listed on your policy, the insurance company does not have to provide coverage for that person.  Any exclusion will be listed in the section of your policy titled exclusions.  This section also covers any and all circumstances which would allow the insurance company to deny a claim.  If your policy lapses or cancels you can be cited for driving without the required insurance so you must pay the premium to reinstate the policy.  If the policy is cancelled, then you must find a new auto insurance policy right away. 

North Dakota insurance companies can use your credit history without obtaining your permission to accept applicants, set insurance rates, and determine which services they will provide as well as determining your method of payment such as monthly, annually, or every 6 months.  They may also use your credit score to determine your insurance risk score.  Many other factors are used to determine your rates such as the age of the drivers on the policy, the car you drive, driving record, where you live and your marital status.  Since North Dakota is a No Fault state, each individual’s insurance policies are responsible for covering injuries and property damages for that individual and their passengers.  For this reason, insurance companies advise policy holders to buy more than the minimum liability auto insurance.  The average insurance premium in North Dakota as of 2006 is approximately $530.00 and the state is ranked as the 51st most expensive state for insurance premiums in the nation.

There are 19 officially accepted insurance companies listed in North Dakota.  They include Allstate Insurance Company, Amco Insurance Company, American Family Insurance Company, Auto Club Insurance Association, Center Mutual Insurance Company, Farmers Insurance, Garrison Property & Casualty Insurance Company, Grinnell Mutual Insurance Company, Milbank Insurance Company, National Farmers Union Insurance Company, Nodak Mutual Insurance Company, North Star mutual Insurance Company, Progressive Direct Insurance Company, Progressive North West Insurance Company, Safeco Insurance Company, State Farm Fire Insurance Company, State Farm Mutual Insurance Company, USAA Insurance Company, and USAA Casualty Insurance Company.

One of the methods you can use to reduce the cost of your auto insurance premiums is to purchase more than one type of insurance policy with the same company.  You will also get discounts for a clean driving record and possibly for renewing you policy with the same company repeatedly.  Making sure you insurance never lapses will sometimes reduce your premiums as well as belonging to a particular professional group such as engineers, teachers, or doctors.  Younger drivers can get discounts for maintaining good grades, and completing a driver safety course approved by the state.  Insuring multiple vehicles will also reduce your premiums.  Anti theft devices and safety mechanisms such as airbags and seat belts will contribute to the reduction of your auto insurance premiums.  It may also be useful to know which cars are frequently targeted by thieves.  The list of the top ten most often stolen cars in the state of North Dakota are listed below.

1. 1992 Chevrolet C/K 1500 Pickup
2. 2003 Chevrolet Cavalier
3. 1992 Pontiac Grand Prix
4. 1988 Oldsmobile Cutlass
5. 1993 Pontiac Grand Am
6. 1992 Ford Taurus
7. 1995 Ford F150
8. 1994 Ford Ranger
9. 1995 Chevrolet Blazer
10. 1991 Ford Explorer