Fargo, ND Car Insurance

On average, Fargo drivers pay around $89 a month for their car insurance. We cover plan rates, policies and more in our guide below.
How do rates in Fargo measure up compared to neighboring areas, including North Dakota as a whole? What can Fargo residents expect to pay for their car insurance? You can find average cost breakdowns based on a wide array of factors in the charts and writeups below:  

How much is car insurance in Fargo?

Area Average Monthly Car Insurance Premium
Fargo$89
ND$88
United States$80

Looking at the chart above, you can see that the average monthly price is about the same in Fargo as it is in the rest of North Dakota.

Likewise, Fargo residents will likely pay higher rates for their insurance policy than the rest of the country. It's about $9 more expensive than the national average to insure your vehicle in Fargo.

The price you pay may very well be higher or lower than the rates you see, but we can help explain why. Insurance companies take in a variety of factors when determining how much to charge you for coverage. Things like age, gender, vehicle make and model, driving record and, in some areas, credit score can all get factored into calculating the amount you'll be asked to pay each month.

Don't sweat it however, we've broken down average rates for Fargo residents based on several different factors so that you can get a more accurate idea of your policy's monthly premium. And if you're not sure that you're paying the lowest option, simply enter your ZIP Code below and find out!

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Average Car Insurance Rates by Age

Age Range Average Premium
Under 18Not Enough Data
18-24$122
25-34$68
35-44$61
45-54Not Enough Data
55-64$62
65+$49

The more time you have behind the wheel, the more experienced of a driver you should be. That experience can lead to some serious savings when it comes to auto insurance bills. In this case, 18-24-year-olds pay two times as much as drivers 65 and older.

For every ten years older you get, you can expect to see a drop in your monthly premium. That said, once you hit retirement age, your rates may begin to increase again in Fargo.

Average Car Insurance Rates by Gender

Gender Average
Male$91
Female$86

In general, women pay slightly less for car insurance than men. The difference in average rates in Fargo totals about $5 per month. As illustrated in the table above, male drivers in the area pay about $91 on average, while female drivers pay around $86 each month.

Average Auto Insurance Rates by Driving Record

Infractions Average Monthly Premium
1 Accident$92
Multiple Accidents$104
1 Ticket$120
Multiple TicketsNot Enough Data

One of the biggest factors in determining your car insurance rates is your driving record. Drivers with clean records will pay much lower rates than those with accidents or violations. Drivers in Fargo with a single accident on their record will usually see rates around $92 a month. Likewise, drivers with one ticket will be looking at a rate of around $120 a month on average.

When it comes to your monthly bill, accidents, tickets, and other driving infractions can really take a toll. So, if you're looking for cheap car insurance, drive carefully and keep a clean record.

Average Insurance Rates by Vehicle

Vehicle Age Average Monthly Premium
Less Than 1 Year$117
2-3 Years$92
4-5 Years$95
6-7 Years$64
8-10 Years$87
11-14 Years$98
15 Years or Older$73

In Fargo, the cheapest vehicles to insure are by and large cars, with drivers paying around $87 per month for auto insurance coverage.

SUVs, trucks, and vans, however, all cost about the same for insurance coverage -- around $87 a month.

Vehicle age also plays a role in your monthly payment. Generally, newer vehicles are going to be the most expensive to insure. However, once your car is a few years old you may start to see your rates drop back down a bit. The most expensive vehicles to insure in Fargo are vehicles less than one year old.

Average Car Insurance Rates by Relationship Status

Relationship Average Monthly Premium
Single (never married)$92
Married$81
Divorced$74
Widowed$53

Overall, people who are married will pay slightly less for car insurance coverage. This usually boils down to owners having multiple vehicles on the same policy, something many companies offer special discounts for.

According to the table above, the difference in rates based on relationship status in Fargo can be as much as $11 a month, so it's worth taking into consideration.

Average Car Insurance Rates by Housing Situation

Housing Status Average Monthly Premium
Own$66
Rent$94
Live with parents$78

One other element taken into consideration is your living situation. If you rent your home or apartment in Fargo, expect to pay around $28 a month more than if you own property. Those who live with their parents, however, can expect to pay a good deal more than their counterparts who rent or own.

Bundling your home or rental insurance with your auto insurance can oftentimes reduce your average premiums, depending on your insurance company.

Car Insurance Companies in Fargo, ND

Recent trends in car insurance for Fargo drivers

Average rates are constantly changing, so it's a good idea to know the direction your area is trending when choosing when and where to shop.

The rates for auto insurance in Fargo went up from 2016-2017, when they hit a high of $78, but started to turn downward from 2018-2019. They finished down in 2021, at $62 per month.

How does Fargo compare to neighboring areas?

Why are car insurance rates in Fargo different from other areas?

Car insurance companies will consider several factors when trying to decide how much to charge for a policy. The specifics of where you live and drive will have an impact on your personal policy. This might include things like:

  • Area crime rates
  • Amount of off-street parking
  • Regional regulations
  • Total amount of drivers in the area
  • Frequency of car accidents

While you won't have the ability to change these factors yourself, they can be handy to keep in mind when seeking a new policy or considering a move. Realizing that different towns and cities will all have different rates, guides like these can be a good way to get a lay of the land of your corner of the world.

How can I find the cheapest car insurance in Fargo?

In the end, the only way to know exactly what your rate will be is to request a quote from a car insurance company.

But wait! Compare.com can handle all of this for you. Just put in your ZIP below, answer a few questions regarding the factors mentioned above, and you'll be quickly comparing the cheapest quotes from many of the car insurance companies providing auto coverage in Fargo.

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Fargo Insurance FAQs

What factors affect car insurance quotes in Fargo?

Quotes are calculated by car insurance companies who take multiple factors into consideration, including things you can't control like your gender and age, but also factors like your credit score, driving record, marital status, and address.

Why is the cost of car insurance in Fargo different from other neighboring cities?

Auto insurance companies consider regional factors, such as crime rates, parking situations, and local laws into account when calculating the monthly rate for coverage. Since these can all vary from city to city the rates you may see can differ from neighboring areas.

Which car insurance company will offer me the cheapest rate in Fargo?

There isn't one company that will offer the cheapest rate to everybody. What companies will charge you are based on many different factors that vary from person to person, such as your driving record, what kind of car you drive, how many drivers will be on your policy, and a number of other factors. Because of this, it's a good idea to use sites like Compare.com to compare multiple quotes at once. That way, you can be confident you're getting the best price.

Do I need to change my insurance if I move to Fargo?

Any time you experience a major life event, whether it's moving to a new area, getting married, finding a new job, or other notable events, it's always a good idea to re-evaluate your current insurance. Certain companies offer cheaper insurance in certain cities, so even if you were getting the cheapest rate at your old address, it doesn't mean it'll still be the cheapest at your new home. That's why it's always good to use services like Compare.com to compare quotes from dozens of companies side-by-side.

Do I need to wait for my policy to expire to switch to a different car insurance company?

No. You can switch companies at any time, regardless of how long is left on your current policy. So, if you've recently moved to Fargo or it's been a while since you last compared car insurance rates, you may want to take 10 minutes and see if Compare.com can save you money.

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