North Dakota Auto Insurance Requirements
North Dakota has very tough auto insurance laws for both private and commercial vehicle owners. Minimum auto insurance coverage requirements in North Dakota are mandated by state law and the North Dakota Insurance Department. The following minimum coverage is required on every registered vehicle, except as noted below:
(Source: North Dakota Insurance Department)
Driving without the mandatory liability insurance in North Dakota is subject to a minimum fine of $150. If involved in an accident and found to be without insurance, a 14 point penalty is assessed, which will result in loss of drivers license. Subsequent offenses are subject to higher fines, reinstatement fees, and jail time.
The North Dakota Automobile Insurance Plan is available to drivers who are unable to obtain required coverage through the voluntary market. More information is available on the AIPSO website.
Factors Influencing Car Insurance Premiums in North Dakota
Getting a quote for cheap car insurance in North Dakota requires some research and rate comparisons between different insurance companies, because North Dakota ranks above national averages for car insurance costs. Some factors that impact insurance rates in North Dakota include:
– North Dakota is a “no-fault” state, and requires PIP insurance
– Vehicle repair costs are generally less expensive in North Dakota than elsewhere
– Overall accident fatality rates are very high than national averages
– A much lower percentage of uninsured drivers compared to national averages
– Auto insurance fraud
– Vehicle theft rates near national averages
The average auto insurance premium for residents in North Dakota is $1,794 in 2011; the national average is $1,790.
Tips for Obtaining Cheap Car Insurance in North Dakota
– If you’re over 55, take a state-approved defensive driving course for a policy discount
– Several insurance companies offer “pay as you drive” car insurance for low mileage drivers in North Dakota
– Maintain a good driving record
– Bind multiple policies (homeowners, life, auto) with the same provider
– Maintain a good credit score
– Create a personal “emergency fund” of up to $1500 and increase deductibles accordingly
– Discuss affinity discounts with your insurance provider
– Drop comprehensive and collision insurance on older vehicles
North Dakota Statistics
– Auto Theft: North Dakota has historically enjoyed a relatively low vehicle theft rate, and it has been decreasing (as is the case in most states) consistently over the past 10 years. This can be attributed primarily to anti-theft devices being standard on recent model cars, as well as public awareness of the issue:
(Source: Auto Thiefs)
– Automobile Accidents: The total vehicle miles traveled in North Dakota has remained fairly constant increased in recent years, but vehicle accident fatality rates have increased substantially. North Dakota is well above the national average in numbers of deaths in car crashes.
(Source: National Highway Traffic Safety Administration)
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