Do you have landlord's insurance for the property you manage or own and rent in North Dakota? This is essential coverage, but it probably doesn't cover the tenant's personal belongings. Tenants will have to think about buying renters insurance to protect themselves.

Today, you'll learn all about renters insurance and its benefits (both to you and the tenant). Let's dive in!

What Is North Dakota Renters Insurance?

The first step is to know what renters insurance is and what it covers. This insurance protects tenants from many unexpected events. It covers their personal belongings and offers liability protection.

Though it's important for tenants to have it, they should know what the coverages look like before they invest.

Average Cost of Renters Insurance in North Dakota Per Year

Average renters insurance rates in North Dakota range from $168 to $170, which is roughly $14 to $16 per year. However, the price tenants pay will vary based on the amount of coverage they require, where they live, and how many claims they've had in the past.

How Much Does North Dakota Renters Insurance Cost (Based on Popular Cities)?

According to ValuePenguin, renters insurance is higher in Casselton versus Lisbon. Let's take a look at the numbers for more clarification:

  • West Fargo - $165/year
  • Tioga - $181/year
  • Minot - $161/year
  • Lisbon - $158/year
  • Fargo - $165/year
  • Casselton - $183/year

Is Renters Insurance Required in North Dakota?

You might wonder if state law requires tenants to buy renters insurance. It doesn't. However, you can mandate it in your lease agreement. Overall, it's best to do this because it will protect the tenant's personal belongings!

What Does Renters Insurance Cover in North Dakota?

North Dakota doesn't often see many natural disasters, and most renters insurance policies will offer these coverage options:

Medical Payments Coverage

What happens if the tenant's guest fell on the property? Renters insurance would cover the medical expenses. However, it only focuses on non-residents, so policyholders are excluded here.

Liability Protection

If someone gets hurt in the tenant's home, liability protection will cover the legal fees, damages, and medical payments.

Personal Property Coverage

This protects the tenant's things, regardless of where they are. Overall, the property doesn't have to be in the home for renters insurance to kick in.

Loss of Use Coverage

After a covered event, the apartment or home might be uninhabitable while you make repairs. If that happens, renters insurance will cover additional living expenses, such as housing and meals.

What Does Renters Insurance in North Dakota NOT Cover?

While North Dakota isn't prone to flooding and earthquakes, it doesn't mean those things never happen. Most renters insurance policies won't cover damages from those natural disasters. Therefore, tenants might need additional coverage.

How to Choose the Right Policy

Finding the best renters insurance policies can be difficult because there are many companies available. Here are a few tips to help your tenants:

  • Compare quotes and coverage options to get the best deal. Tenants shouldn't forget to ask about discounts!
  • Inventory everything in the apartment or home. Then, tenants can ensure they get enough coverage.
  • Try to keep costs low, but don't focus solely on rates and avoid getting enough coverage.

Available Discounts in North Dakota

Most renters insurance companies offer discounts, but they do vary between brands. Here are some of the top options:

  • Multipolicy discount
  • Loyalty discount
  • Autopay discount
  • Claims-free discount
  • Welcome discounts
  • Protective device discounts

How Does a Renters Insurance Policy Protect the Landlord or Property Manager?

Requiring tenants to have a renters insurance policy in North Dakota will protect you in these ways:

  • Less lawsuit risk
  • Not having to pay for relocation expenses
  • Making it easy to be pet-friendly
  • Reducing the risk of you having to pay for the tenant's damaged personal property
  • Less chance of your insurance premiums rising

Top 5 Best Renters Insurance Companies in North Dakota

Learning about the cheapest renters insurance companies in North Dakota will help you advise tenants on the right options. They include:

1. Nationwide


Nationwide is the cheapest renters insurance company in North Dakota, and it's a great choice because of the many coverage options. Also, people like the customer service they get.

If tenants want more coverage, they have many options, such as:

  • Valuables insurance
  • Replacement cost coverage
  • Identity theft coverage
  • Water backup protection

2. Allstate


Allstate could be one of the best cheap renters insurance companies in North Dakota. Rates are about $11 per month.

Plus, Allstate offers more discounts than other brands. For example, seniors who are retired can save up to 25 percent. There are also discounts for being claims-free, having safety features in the home, and using automatic payments.

However, there are few add-on coverages available with this brand.

3. Amica


Those who don't mind paying more for higher customer satisfaction ratings will like Amica. It costs about $13 per month, and clients seem to be happy with the service they get.

Plus, it offers many discounts to those in North Dakota. Tenants can bundle car and renters insurance and be claim-free. Still, there aren't many extra coverages. Though it offers replacement cost coverage, it doesn't have equipment breakdown or water backup protection.

4. State Farm

State Farm

State Farm is available in all US states, including North Dakota. It could be the best renters insurance option for those who care about financial stability and customer satisfaction. However, it's not as affordable, and it doesn't have as many coverage options.



SURE is an excellent choice for tenants in North Dakota because they can buy and manage policies in one place, get instant quotes, and receive information that will help them learn about insurance.

What Is DoorLoop?

Landlords in North Dakota have many things to focus on. In fact, it's often hard to keep things straight without property management software. DoorLoop's all-inclusive option works for all landlords!

You can use DoorLoop to:

  • Collect rent automatically.
  • Manage accounting tasks.
  • Offer a tenant portal.
  • Manage maintenance requests online.
  • Manage your rental portfolio.
  • Market vacancies online and allow tenants to apply online through your custom, free website.

Everything is much easier to deal with when you have DoorLoop. Learn more about it today!

Why Work with DoorLoop

DoorLoop makes it much easier for you to require tenants to have a North Dakota renters insurance policy. Here, they can submit companies themselves or apply directly through the tenant portal or on the application. SURE is the preferred brand of choice here. Learn more about renters insurance through DoorLoop now!

David is the co-founder & CMO of DoorLoop, a best-selling author, legal CLE speaker, and real estate investor. When he's not hanging with his three children, he's writing articles here!

Legal Disclaimer

The information on this website is from public sources, for informational purposes only and not intended for legal or accounting advice. DoorLoop does not guarantee its accuracy and is not liable for any damages or inaccuracies.