Cheapest Car Insurance for Low-Income Drivers in North Dakota (October 2024)

The cheapest car insurance for individual drivers with low-income and poor credit history in North Dakota is Nationwide at $38 per month. For low-income families, the most affordable provider is Nationwide at $38 per month.

North Dakota does not offer state-backed car insurance programs for low-income families and individuals. Finding the provider with the most affordable rate is one option to manage costs. There are also ways to get discounts to help alleviate the cost of car insurance.

While minimum coverage will help you drive legally, there are downsides. For example, in an at-fault accident, minimum coverage may not fully cover the damages, leaving you to pay out-of-pocket.

Car insurance companies in North Dakota do not consider income when calculating your car insurance rates. Instead, they look at factors like age, driving record, insurance score and type of car. At-fault accidents and moving violations can increase your rates. To find the cheapest rates, it's essential to compare quotes from several insurance companies.

If your budget is tight, a basic minimum coverage policy is often the cheapest way to stay legal on the road. North Dakota also offers pay-per-mile insurance, which is the best option to save for drivers who rarely drive. MoneyGeek found the cheapest insurers for low-income drivers in North Dakota to help you save.

To hit the road in North Dakota, you must carry car insurance that meets the state's minimum coverage requirements. Here's what your policy should include:

• $25,000 for bodily injury liability per person.
• $50,000 for bodily injury liability per accident.
• $25,000 for property damage liability per accident.
• $25,000 uninsured motorist bodily injury per person.
• $50,000 uninsured motorist bodily injury per accident.
• $30,000 personal injury protection (PIP) per person.

If you're on a tight budget, a liability-only car insurance policy can suffice, covering expenses for others in accidents you cause, but not your own vehicle. For broader protection, consider a full coverage car insurance policy. This includes collision and comprehensive coverages, safeguarding your car from non-collision incidents like theft or natural disasters.

Opting for full coverage is wise. It ensures that your car is protected against the elements and the unexpected, providing peace of mind despite the unpredictable weather. Understanding the risks and benefits of each coverage type is crucial in choosing the right policy for your needs.

Your credit record can affect your car insurance rates in North Dakota. A lower credit-based insurance score may signal to insurers that you're a higher risk, which can lead to more expensive premiums.

North Dakota drivers with poor credit records can find affordable rates with:

• Nationwide: $453 per year; $38 per month
• GEICO: $489 per year; $41 per month

The cheapest car insurance in North Dakota for low-income drivers with a good credit history are:

• American Family: $307 per year; $26 per month
• GEICO: $308 per year; $26 per month

Driving without insurance in North Dakota is considered a misdemeanor and can lead to suspension of your driver's license and vehicle registration, fines ranging from $175 to $1,000 and other penalties. Make sure you're covered to drive legally and safely.

Car insurance premiums are not directly influenced by income, but family status can play a significant role. Single parents in North Dakota face higher rates, with an annual difference of $443 compared to married couples with a teen. The latter enjoys a more affordable rate, saving $443 per year.

The most affordable car insurance companies for married couples with a teen in North Dakota are:

• Nationwide: $459 per year; $38 per month
• GEICO: $515 per year; $43 per month

The most affordable car insurance companies for a single parent with a teen are:

• Auto-Owners Insurance Co: $902 per year; $75 per month
• State Farm: $917 per year; $76 per month

Married couples with a teen can often secure lower car insurance rates than single parents. This difference reflects how insurers assess risk and family responsibility. Regardless of family status, maintaining a strong credit score is key to qualifying for the most affordable car insurance rates.

Car insurance premiums generally decrease as you reach the early senior years, typically between ages 55 to 65, especially if you have a clean driving record.

The two cheapest car insurance for senior drivers with low-income and poor credit history are:

• GEICO: $324 per year; $27 per month
• Nationwide: $431 per year; $36 per month

After age 70, car insurance rates typically increase as older drivers are statistically considered higher risk. This trend continues each year, meaning premiums generally rise as seniors age. North Dakota has specific laws or guidelines for seniors getting car insurance.

Your income doesn't directly affect car insurance rates in North Dakota. However, if low income leads to a poor credit record, that can result in higher rates. Conversely, a good credit record can help lower your rates.

Understanding the factors that contribute to car insurance rates in North Dakota can help you make informed decisions in choosing the best car insurance for you.

There are several strategies to help you find affordable car insurance in North Dakota. Whether or not you qualify for state-sponsored programs for low-income drivers, there are ways to save on your premiums. Here are some tips to lower your car insurance premiums:

Finding affordable car insurance in North Dakota can be tough for drivers with low incomes. Here are answers to some of your most common questions on how to save.