Updated: December 17, 2024
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In Fargo, North Dakota, Agraria Insurance is the best and cheapest home insurance company overall. For excellent customer service, Auto-Owners is recommended.
These companies offer different benefits, so selecting the right home insurance depends on factors like premiums, coverage options and service quality.
Best HomeInsuranceFargo, NDTable of Contents
Why Trust MoneyGeek? We used data from North Dakota's Department of Insurance and Quadrant Information Services to find the best homeowners insurance in Fargo.
Home insurance premiums in Fargo represent the most competitive rates as of September 2024.
Agraria Insurance is the best home insurance option for $100K dwelling coverage in Fargo, ND, with a MoneyGeek score of 83 out of 100.
Home insurance companies in Fargo have scores ranging from 63 to 83, according to MoneyGeek's scoring system. Scores vary based on factors like credit history and home age.
| Agraria Insurance | 83 | $831 |
| Farmers | 79 | $961 |
| American Family | 77 | $1,193 |
| Allstate | 74 | $1,005 |
| State Farm | 71 | $1,307 |
| COUNTRY Financial | 70 | $1,160 |
| North Star Mutual | 70 | $921 |
| Auto-Owners Insurance | 63 | $1,618 |
Agraria Insurance is the best home insurance company in Fargo, ND, for $100K dwelling coverage due to its high affordability and coverage scores. The overall top providers are:
While cost is a key factor, consider customer satisfaction and coverage options, which matter when filing claims.
Agraria Insurance scores high in affordability and customer satisfaction, making it a top choice despite the lack of discounts.
It offers comprehensive coverage options, including scheduled personal property to protect valuables and backup of sewer or drain for water damage. Additional coverages include mold protection for fungi issues, cyber event/ID theft that financially protects against identity theft and building ordinance or law to help meet local building codes.
Auto-Owners offers the best customer service in home insurance for $100K dwelling coverage in Fargo, ND. The top providers in this category are:
Auto-Owners has outstanding customer satisfaction, making it a reliable choice for homeowners.
Excellent home insurance service involves timely responses and clear communication while efficiently addressing claims and customer concerns.
Auto-Owners excels in service quality, earning high customer satisfaction and coverage scores. You can save with discounts like responsible payment, available after 36 months of on-time payments.
Key coverages include guaranteed replacement cost, which covers repair costs exceeding your policy limit, and scheduled personal property, which protects valuable items from loss or damage. Equipment breakdown coverage helps with repairs or replacements for failed home appliances.
Agraria Insurance is the best cheap home insurance company for $100K dwelling coverage in Fargo, ND, due to its strong affordability and decent coverages. The top budget-friendly providers for this coverage amount are:
If saving on premiums is a priority, exploring the cheapest homeowner insurance companies can help. However, choosing low-cost home insurance often means settling for lower coverage limits. While this is good for saving money, it might not be enough if something serious happens.
The best cheap home insurance differs from the most affordable because it considers more than just the cost.
Agraria Insurance is the best cheap company with high affordability and satisfaction scores. While it doesn’t offer discounts, its strong MoneyGeek score makes it a reliable choice.
Coverage options include building ordinance or law for required code updates, service line coverage for utility line damage and equipment breakdown for repairs to home systems like HVAC. Agraria also provides rare coverages, such as mold protection and fire department service charge coverage.
MoneyGeek’s home insurance calculator will give you a ballpark estimate of your cost — it’s free, no personal information required, no spam.
Rates updated:
Dec 21, 2024
In Fargo, many factors, including location, affect homeowners insurance. Comparing insurance rates is key to saving money, though it's time-consuming — up to 15 minutes per company or over an hour for three or more. MoneyGeek's home insurance calculator helps you save time by focusing on crucial factors. Enter your age, dwelling coverage, credit score, deductible, liability coverage and other details for a quick estimate.
Agraria Insurance offers the lowest home insurance rates in Fargo, ND, for most dwelling coverage levels. Here are the cheapest overall providers:
Home insurance costs primarily depend on the dwelling coverage you choose. Agraria leads in affordability for $100K and $250K coverages, while American Family is the most budget-friendly for $500K coverage.
Opting for the cheapest homeowners insurance in North Dakota can help you manage your budget effectively.
| Agraria Insurance | $831 |
| North Star Mutual | $921 |
| Farmers | $961 |
| Allstate | $1,005 |
| COUNTRY Financial | $1,160 |
| American Family | $1,193 |
| State Farm | $1,307 |
| Auto-Owners Insurance | $1,618 |
American Family is the cheapest option for insuring high-value homes in Fargo, ND. High dwelling coverage is necessary to protect homes that are expensive to replace, and home insurance costs tend to rise with the property value.
American Family also scores highly in overall satisfaction, delivering good value beyond lower premiums.
| American Family | $3,537 |
| Agraria Insurance | $3,886 |
| COUNTRY Financial | $4,147 |
| Allstate | $5,140 |
| State Farm | $5,431 |
| North Star Mutual | $5,466 |
| Auto-Owners Insurance | $5,982 |
| Farmers | $7,163 |
Farmers has the cheapest insurance for new homes in Fargo, ND.
Farmers offers competitive pricing, though it's not the top-rated company based on MoneyGeek's overall ranking. Ensure you're adequately covered to protect your home and belongings.
| Farmers | $574 |
| Agraria Insurance | $582 |
| Allstate | $648 |
| North Star Mutual | $673 |
| State Farm | $780 |
| COUNTRY Financial | $783 |
| American Family | $890 |
| Auto-Owners Insurance | $1,164 |
The best cheap homeowners insurance providers balance quality and cost, offering excellent customer service and coverage at affordable premiums. The best option for you depends on your needs. Consider factors like coverage, customer service and deductibles.
Follow these steps to find the best cheap home insurance:
To determine how much home insurance coverage you need, consider the cost of rebuilding your home, the value of your belongings and your liability coverage requirements.
Research insurance companies in Fargo, ND. Focus on those with good financial health, positive customer feedback and a solid service history.
After identifying necessary coverages, compare home insurance quotes. In Fargo, ND, average annual premiums for $100K dwelling coverage range from $831 to $1,618.
Inquire with each insurer about discounts for bundling policies, installing home security systems or maintaining a claims-free record.
Opting for a higher home insurance deductible can reduce your premium. Ensure you can afford it in case of a claim.
Enhancing your home's security with systems and strong locks can lower its risk profile and potentially reduce insurance costs.
Keeping a good credit score can influence your insurance rates. Ensure timely bill payments and manage outstanding debts efficiently.
Consider combining your homeowners insurance with other policies like auto insurance to avail of discounts and save money.
The best cheap home insurance provider depends on your coverage needs and budget. Get answers to common questions about the best affordable insurance rates in Fargo, ND.
The average annual cost of home insurance in Fargo, North Dakota, is $875.
The cheapest home insurance company in Fargo is Agraria Insurance, with an average annual premium of $831.
Agraria Insurance provides the best home insurance in North Dakota for Fargo residents, with a MoneyGeek score of 83 out of 100.
About Mark Fitzpatrick
Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.
Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.
