Home Insurance in Fargo, ND
Protect your North Dakota investment with comprehensive home insurance in Fargo.
Ranked as one of the best places to live in a Livability survey, Fargo is an excellent place to call home. With parks overlooking the Red River, education opportunities at North Dakota State University and air travel through Hector International Airport, Fargo has many amenities for residents.
The median home price in Fargo is $232,900. lower than the national average. Lower home prices and the cost of living almost 10% below the U.S. average mean more people may be able to afford houses. Home insurance is essential to protecting your investment in Fargo. With VIU by HUB, you can shop multiple insurers and find a policy that meets your needs. Using VIU by HUB to find a policy is efficient and convenient.
With all its perks, Fargo living also has risks for homeowners. Property crime rates have spiked in recent years. In 2021, Fargo's property crime rate was 651.4 per 100,000 people. almost double the U.S. and state rates. The crime rate is highest in the central neighborhoods of Fargo. Fortunately, a standard homeowners policy includes coverage for burglary and vandalism.
Fargo can have freezing temperatures between September and May. Extended periods of frigid weather can cause pipes to freeze and burst, leaving water damage.
Fargo also averages 49 inches of snow annually, much higher than the U.S. average of 28 inches. Many North Dakota residents are familiar with the hazards of snow:
Snow and ice can also present a risk to people walking on sidewalks and driveways.
Homeowners in Fargo pay about $1,763 for a standard policy. That's lower than the state average. However, rates vary from city to city. One location may be more susceptible to tornadoes, for example, or have higher crime rates than another. These factors raise claim risks for insurance companies.
Individual factors can affect your premiums, too. Examples include:
Your credit history can play a role in the rate you pay. Statistically, homeowners with low credit scores have higher chances of making claims.
A standard homeowners policy in North Dakota provides coverage from many perils.
Blizzards, heavy snow and ice storms can wreak havoc on a house. Home insurance can pay for expenses related to winter storms. However, you may require a flood insurance policy to cover floods from melting snow.
Thunderstorms bring many hazards to your front door (and the rest of your property). Lightning, hail, high winds and tornadoes can cause damage to your house, patio and deck.
Home insurance pays for damage when your items are vandalized or stolen during a property crime.
When shopping for home insurance in Fargo, the tools at VIU by HUB can help. Use them to compare quotes from multiple insurers and make an informed decision about your policy's features and rates. VIU by HUB helps you find the right protection for your home.
This information is intended for general informational purposes only and is not intended to constitute legal advice.
