North Dakota Homeowners Insurance

Reviewed byPlaininsure Editorial, Homeowners Insurance Transparency Editorial Team · June 4, 2026

U.S. Treasury FIO data for 87 ZIP codes in North Dakota (ND).

Homeowners in North Dakota pay an average of $1,954 per year for home insurance — 10% above the national average of $1,776. That ranks North Dakota as the 15th most expensive state out of 51 for homeowners insurance. Between 2018 and 2022, premiums rose by 7.9%; nonrenewal rates climbed by 39.4% over the same period.

On five-year premium growth (2018–2022), North Dakota ranks 21st out of 51 states. Its nonrenewal rate (1.38%) ranks 14th out of 50 — nonrenewal is an early warning indicator of insurer retreat, often tied to disaster risk.

Source: U.S. Department of the Treasury, Federal Insurance Office — "Analyses of U.S. Homeowners Insurance Markets, 2018–2022." Premium values are five-year averages across all ZIP-level observations. See methodology for caveats.

Avg Premium

$1,954/yr

National avg: $1,776 (+10% above)

Premium Change

+7.9%

2018-2022 change

Avg Loss Ratio

47.9%

Claims paid vs premiums earned

Nonrenewal Rate

1.38%

+39.4% change

Data Snapshot: North Dakota Homeowners Insurance

North Dakota homeowners paid an average of $1,954 per year for home insurance based on U.S. Treasury FIO data covering 87 ZIP codes across the state. That is 10% above the national average of $1,776 per year reported by the Federal Insurance Office. North Dakota ranks 15th most expensive out of 51 states and territories on annual premium, with ZIP-level observations ranging from $1,540 in 58270 to $2,480 in 58558.

Between 2018 and 2022, average premiums rose by 7.9% in North Dakota, placing the state 21st nationally on five-year premium growth. The state-level loss ratio averaged 47.9%, meaning insurers retained a healthy margin after claims, typical of stable markets. Nonrenewal rates — the share of policies insurers decline to extend at expiration — averaged 1.38%, a climb of 39.4% over the study period (ranking 14th out of 50 states).

Within North Dakota, premium dispersion across ZIP codes is substantial: the most expensive ZIP (58558 in Menoken) charges 61% more than the least expensive (58270 in Park River), reflecting local differences in catastrophe exposure, construction costs, and claims history. The FIO dataset aggregates voluntary reporting from the 40 largest homeowners insurers covering roughly 80% of the U.S. market, so ZIP-level figures represent market averages rather than individual quotes; actual premiums vary with dwelling value, deductible, coverage limits, and insurer-specific underwriting. This page is for educational research only and is not insurance advice — homeowners should obtain quotes from multiple licensed carriers or an independent agent before purchasing or renewing coverage.

Loss Ratio Reading: North Dakota

North Dakota statewide — FIO 2018-2022 average: 48% (Insurer-favorable) — low claim payout — insurer retains a healthy margin.

ZIP Codes Tracked

Reporting Period

2018-2022

Source

U.S. Treasury FIO

Premium Trends (2018-2022)

Year	Avg Premium	Median Premium	Loss Ratio	Claim Freq	Nonrenewal
2018	$1,811	$1,797	61.2%	7.85%	0.99%
2019	$1,825 (+0.8%)	$1,794	60.4%	7.54%	1.14%
2020	$1,835 (+0.6%)	$1,800	36.6%	5.89%	1.08%
2021	$1,940 (+5.7%)	$1,912	41.9%	6.29%	1.43%
2022	$1,954 (+0.7%)	$1,936	47.9%	6.80%	1.38%

Average Premium by Year

$1,811

2018

$1,825

2019

$1,835

2020

$1,940

2021

$1,954

2022

Most Expensive ZIP Codes in North Dakota

Most Affordable ZIP Codes in North Dakota

All ZIP Codes in North Dakota

87 ZIP codes sorted by premium (highest first). Click column headers to sort.

ZIP	City	Premium	Loss Ratio	Claims	Nonrenewal
58558	Menoken	$2,480	15.3%	2.33%	0.78%
58503	Bismarck	$2,476	96.5%	18.85%	0.57%
58575	Turtle Lake	$2,448	99.1%	25.93%	1.85%
58623	Bowman	$2,405	9.8%	3.61%	2.06%
58601	Dickinson	$2,393	78.0%	14.14%	0.92%
58047	Horace	$2,380	40.4%	8.49%	0.43%
58579	Wilton	$2,287	10.7%	3.33%	2.22%
58278	Thompson	$2,279	31.8%	9.75%	0.36%
58640	Killdeer	$2,267	11.9%	3.42%	2.56%
58005	Argusville	$2,250	18.4%	7.22%	1.03%
58563	New Salem	$2,191	35.5%	5.77%	0.96%
58504	Bismarck	$2,188	14.3%	4.81%	0.90%
58554	Mandan	$2,175	23.1%	5.31%	0.99%
58552	Linton	$2,175	24.0%	4.55%	N/A
58540	Garrison	$2,173	9.5%	4.05%	0.27%
58051	Kindred	$2,165	50.1%	6.97%	N/A
58781	Sawyer	$2,154	9.7%	4.23%	4.23%
58545	Hazen	$2,130	6.4%	3.50%	0.81%
58652	Richardton	$2,124	25.3%	2.22%	N/A
58523	Beulah	$2,118	39.9%	4.27%	0.85%
58622	Belfield	$2,114	38.2%	6.32%	2.11%
58530	Center	$2,110	25.7%	7.61%	N/A
58042	Harwood	$2,106	14.3%	4.11%	0.46%
58790	Velva	$2,106	14.7%	3.70%	2.22%
58722	Burlington	$2,105	16.5%	4.29%	0.48%
58639	Hettinger	$2,070	3.8%	1.41%	4.23%
58104	Fargo	$2,053	24.9%	4.05%	0.85%
58852	Tioga	$2,053	118.7%	8.50%	3.50%
58576	Underwood	$2,043	7.3%	N/A	N/A
58501	Bismarck	$2,028	72.9%	11.61%	0.71%
58854	Watford City	$2,025	90.5%	6.99%	1.00%
58577	Washburn	$2,010	5.6%	2.27%	1.14%
58275	Reynolds	$2,008	38.6%	6.85%	N/A
58718	Berthold	$1,991	69.9%	5.80%	N/A
58341	Harvey	$1,974	64.1%	1.06%	2.13%
58267	Northwood	$1,971	80.7%	10.11%	1.12%
58740	Glenburn	$1,966	63.0%	9.84%	6.56%
58784	Stanley	$1,959	11.3%	3.61%	0.60%
58256	Manvel	$1,954	70.4%	17.80%	N/A
58621	Beach	$1,944	128.1%	26.42%	0.94%
58785	Surrey	$1,940	20.5%	5.71%	0.48%
58077	Walcott	$1,939	20.1%	3.37%	1.12%
58533	Elgin	$1,939	68.5%	5.68%	N/A
58059	Mapleton	$1,936	25.9%	4.72%	1.57%
58849	Ray	$1,924	251.3%	17.05%	N/A
58801	Williston	$1,923	176.6%	23.39%	1.48%
58701	Minot	$1,920	24.1%	3.73%	0.68%
58318	Bottineau	$1,910	22.7%	7.98%	0.56%
58843	Epping	$1,909	109.1%	12.64%	N/A
58012	Casselton	$1,895	24.2%	4.90%	0.82%
58257	Mayville	$1,892	17.6%	5.41%	1.35%
58075	Wahpeton	$1,883	72.6%	7.03%	0.35%
58078	West Fargo	$1,881	22.2%	5.15%	0.96%
58201	Grand Forks	$1,880	23.3%	4.57%	0.61%
58228	Emerado	$1,871	57.5%	8.00%	1.33%
58081	Wyndmere	$1,865	7.8%	6.85%	N/A
58474	Oakes	$1,855	19.9%	7.77%	N/A
58703	Minot	$1,844	26.8%	4.02%	0.75%
58746	Kenmare	$1,835	23.4%	2.17%	2.17%
58251	Larimore	$1,832	56.9%	17.57%	3.38%
58301	Devils Lake	$1,830	22.6%	5.23%	0.85%
58631	Glen Ullin	$1,817	62.6%	4.05%	N/A
58237	Grafton	$1,812	40.1%	5.29%	0.88%
58421	Carrington	$1,801	38.0%	6.87%	0.76%
58027	Enderlin	$1,788	3.7%	1.25%	N/A
58271	Pembina	$1,775	2.9%	4.00%	N/A
58045	Hillsboro	$1,768	4.4%	2.01%	1.34%
58316	Belcourt	$1,754	54.8%	7.51%	1.16%
58054	Lisbon	$1,753	41.8%	4.68%	N/A
58367	Rolla	$1,750	87.4%	8.60%	2.15%
58072	Valley City	$1,750	26.1%	5.49%	0.72%
58368	Rugby	$1,747	1.9%	2.86%	0.71%
58565	Riverdale	$1,731	35.7%	3.26%	1.09%
58041	Hankinson	$1,716	17.8%	4.90%	0.70%
58102	Fargo	$1,708	14.0%	3.61%	0.50%
58220	Cavalier	$1,707	14.9%	4.02%	1.51%
58240	Hatton	$1,688	8.4%	1.77%	N/A
58103	Fargo	$1,686	38.7%	5.32%	0.83%
58428	Dawson	$1,683	28.9%	7.77%	N/A
58249	Langdon	$1,682	33.1%	9.55%	N/A
58053	Lidgerwood	$1,682	42.2%	3.57%	N/A
58401	Jamestown	$1,667	31.3%	4.76%	0.83%
58425	Cooperstown	$1,650	2.4%	1.82%	N/A
58436	Ellendale	$1,598	160.8%	19.05%	4.76%
58203	Grand Forks	$1,596	50.4%	4.49%	0.58%
58763	New Town	$1,595	584.5%	4.30%	0.54%
58270	Park River	$1,540	35.3%	5.88%	2.35%

North Dakota Insurance Guides

Why Is Homeowners Insurance So Expensive?

Key factors driving premium increases nationwide

The Insurance Nonrenewal Crisis

Why insurers are dropping policyholders and what it means

Understanding Loss Ratios

What loss ratios reveal about your state's insurance market

Insurance Costs by State

How North Dakota compares to other states

Related Data for North Dakota

Natural Disaster Risk

FEMA disaster & NOAA storm data for North Dakota

Wildfire Risk Data

USDA wildfire risk assessments for North Dakota

Rental Market Data

HUD fair market rents in North Dakota

Cost of Living

BEA regional price parities across metros

Property Taxes

County property tax rates in North Dakota

Climate Data

NOAA climate normals for North Dakota

Frequently Asked Questions

What is the average homeowners insurance cost in North Dakota? ▼

The average homeowners insurance premium in North Dakota is $1,954 per year, based on U.S. Treasury FIO data covering 87 ZIP codes. This is 10% above the national average of $1,776.

How have insurance premiums changed in North Dakota? ▼

North Dakota homeowners insurance premiums changed by +7.9% between 2018 and 2022. The average loss ratio is 47.9%, meaning insurers pay out that percentage of earned premiums in claims.

Which ZIP code has the most expensive insurance in North Dakota? ▼

The most expensive ZIP code for homeowners insurance in North Dakota is 58558, with an average premium of $2,480/yr. The most affordable is 58270 at $1,540/yr.

What is the nonrenewal rate for North Dakota homeowners insurance? ▼

The average nonrenewal rate in North Dakota is 1.38%. This rate has changed by +39.4% from 2018 to 2022. Nonrenewals occur when an insurer declines to renew an existing policy at expiration. ZIP 58740 has the highest nonrenewal rate in the state at 6.56%.

What is a loss ratio and what does North Dakota's mean? ▼

A loss ratio measures how much an insurer pays out in claims compared to premiums collected. North Dakota's average loss ratio is 47.9%. Ratios above 100% indicate insurers are paying more in claims than they collect, which often leads to premium increases.

How often do homeowners file insurance claims in North Dakota? ▼

The average claim frequency in North Dakota is 6.80%, meaning that percentage of policies result in a claim each year. The average claim severity (cost per claim) is $14,882. Higher claim frequency and severity typically correlate with higher premiums.

Source: U.S. Department of the Treasury, Federal Insurance Office (FIO) Homeowners Insurance Data (2018-2022). Premiums are ZIP-level averages and may not reflect individual policy costs U.S. Department of the Treasury, Federal Insurance Office (FIO) Homeowners Insurance Data (2018-2022). Premiums are ZIP-level averages and may not reflect individual policy costs

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Data sourced from official U.S. government datasets. See our methodology for details. Retrieved and formatted by PlainInsure Editorial

Reviewed byPlaininsure Editorial, Homeowners Insurance Transparency Editorial Team · June 4, 2026

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