West Fargo, ND Home Insurance
The right West Fargo home insurance policy makes recovery possible after unexpected damage to your residence.
West Fargo, ND, is a great place for people who love pleasant summers and don't mind snow. Temperatures reach a high of 83 degrees in July, accompanied by clear skies and a healthy dash of rain. During the winter, temperatures range from a low of 3 degrees to a high of 31 degrees, with snowfall common from November through April. Cloud cover accompanies the colder months, and winds pick up for a chilly season.
This modest city is home to nearly 40,000 people and has seen exceptional growth over the past 20 years. The majority of residents are under the age of 55, with 27.2% being minors. While most individuals identify as white, people of American Indian, Hispanic, Asian or Black ancestry make up a significant portion of the community.
West Fargo has an impressively low unemployment rate of 3.6% and a median income of $93,382. The cost of living is 9.4% lower than the national average, but homes are relatively expensive, with most falling between $129,000 and $515,000. These high prices are likely due to the age of the properties, as 58.2% are less than 25 years old.
Compared to the national average, home insurance in West Faro is pretty affordable. The average annual premium cost is $1,687, a few hundred less than the state average and significantly less than prices in larger cities, such as Bismark.
The high rate of newer homes likely contributes to this lower cost, as new homes have safer electrical systems and a lower likelihood of hidden damage. However, West Fargo sees a lot of hailstorms, thunderstorms and flooding, which can significantly harm structures. Hail can break roofs, siding and windows, while thunderstorms can cause water damage to basements and foundations.
Fortunately, standard home insurance covers repairs after hail- and thunderstorms. It doesn't cover flooding, which usually requires a supplemental policy. Since the area around West Fargo has experienced 195 floods since 1950, it's a good idea for local homeowners to look into flood insurance. Without it, they may be stuck paying for the following out of pocket:
Snow is another concern, as it can strain trees, rooftops and outdoor structures. Melting and refreezing snow can cause ice dams, which weaken rooftops, making them vulnerable to extreme weather, mildew and wildlife.
Property crime is another factor for West Fargo residents to consider when purchasing homeowners insurance. While the city's crime rate isn't dangerously high, the area has significantly more crimes per square mile than the state or national median. Fortunately, home insurance covers theft, burglary and vandalism, which means homeowners can replace stolen items and repair damages that occur during a break-in.
Home insurance should fit both your needs and your budget. Comparing quotes is one of the best ways to find the right policy, but it can be time-consuming. Who wants to spend their free time calling agencies, especially when you know they'll try to push a sale? Fortunately, you can skip this step with the help of VIU by HUB.
This tool gathers quotes from multiple agencies in no time, allowing you to compare them side-by-side without making a single call. With the data laid out clearly, you can choose insurance that meets your coverage checklist and doesn't break the bank.
This information is intended for general informational purposes only and is not intended to constitute legal advice.
