Average homeowners insurance cost in West Fargo, ND

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In West Fargo, homeowners pay an average annual rate of $2,912 for a coverage level that includes $300,000 for dwelling, $100,000 for liability protection, and a $1,000 deductible, according to Insure.com’s rate analysis. This is $330 more than the national average of $2,582.

Homeowners insurance premiums can vary significantly from one property to another. In West Fargo, the cost of home insurance is influenced by several factors, including:

Size of your home
Age of your home
Amount of coverage required
Location
Your credit score

It’s crucial to compare quotes from multiple insurers to ensure you get the best homeowners insurance policy. This allows you to find the coverage that meets your specific needs.

Read this guide to discover the monthly homeowners insurance cost in West Fargo, explore the insurance costs for different dwelling coverage, and find out which companies offer affordable home insurance in West Fargo.

Key takeaways

Homeowners insurance costs $2,912 per year in West Fargo.
At $1,903 per year, Agraria Mutual offers the cheapest homeowners insurance in West Fargo.
Your home insurance rates increase by $655 more annually if you increase your dwelling coverage from $200,000 to $300,000.

Average homeowners insurance cost in West Fargo per month

West Fargo homeowners pay an average of $243 a month, based on our rate analysis. It’s $31 less than the state average of $274 and $28 more than the national average for home insurance across the United States. The price of your homeowners insurance policy in West Fargo may vary depending on where you live, the value of your home, and the coverage you choose.

Average homeowners insurance cost for a $200,000 house in West Fargo

In West Fargo, ND, homeowners pay an average of $2,257 annually for a $200,000 house. The amount you pay for home insurance each year depends on factors such as – natural disasters or events within your locality.

Some regions are more at risk for natural disasters, like floods, hurricanes, or tornadoes, implying higher rebuilding rates in these areas are higher, resulting in higher insurance premiums. It’s essential to note that your insurance policy might not cover damages caused by floods or hurricanes. If you reside in an area prone to flooding, consider buying flood insurance.

Average homeowners insurance cost for a $300,000 house in West Fargo

Based on a rate analysis conducted by Insure.com, West Fargo residents pay an average of $2,912 per year to insure a home for coverage limits of $300,000 dwelling, $100,000 liability with a $1,000 deductible. If you plan to increase your dwelling coverage from $200,000 to $300,000, you must pay an additional $655 per year for home insurance.

Buying adequate insurance to cover the entire expense of rebuilding your home is best advisable. However, the amount of dwelling coverage you need may vary depending on your home’s size, amenities, and the cost of living in your area.

Average homeowners insurance cost in West Fargo by company

After evaluating several carriers, Agraria Mutual is the least expensive homeowners insurance provider in West Fargo. It’s average annual rate for homeowners in West Fargo is $1,903.

Nodak Insurance holds the second position, while North Star Mutual secures the third spot with an average annual home insurance rate of $1,998.

Researching the insurance company is crucial before selecting a homeowners insurance policy. Our experts have analyzed all insurance providers in West Fargo and compiled a list of the cheapest home insurance providers. Below, you’ll find the home insurance companies in West Fargo and their average annual premiums.

Home Insurance Company	Annual rate
Agraria Mutual	$1,903
Nodak Insurance	$1,986
North Star Mutual	$1,998
American Family	$2,082
Allstate	$2,324
Country Financial	$2,534
State Farm	$2,710
Auto-Owners	$2,724
Farmers	$4,592

Methodology

Insure.com, with the help of Quadrant Information Services, gathered data for homeowners insurance rates in West Fargo for $300,000 dwelling coverage and $100,000 liability coverage with a $1,000 deductible. The data presented are those with a good credit tier alignment.