East Coast Auto Insurance offers top rated North Dakota auto insurance companies from Allstate to Geico and Progressive and 21st Century. We will help you find suitable coverage no matter what your driving history is. Call us now at 888-206-0565 for immediate assistance.
No fault auto insurance is a term used to describe insurance plans that pay benefits to policyholders, and sometimes their passengers, regardless of the party responsible for the accident.
North Dakota is one of the twelve states in the union that implements such law.
No-fault car insurance, is intended to limit premiums by reducing costly litigation and by making quick payments to all individuals injured in an accident.
Individuals involved in an accident including you as the driver, and your passengers are all covered by the policyholders insurance. Furthermore, it prevents the possible lawsuits that usually follow an accident.
North Dakota’s minimum insurance requirements are:
- $25,000 bodily injury per person, per accident
- $50,000 bodily injury for two or more persons, per accident
- $25,000 property damages
- $25,000 per person / $50,000 per accident Uninsured Motorists
- $25,000 per person / $50,000 per accident Underinsured Motorists
- $30,000 – no fault (PIP)
What are the rules and guidelines auto insurance companies must follow regarding the use of Personal Credit History in selecting applicants and setting rates?
Under North Dakota state law, insurance companies can look at your Personal Credit History without your permission to determine rates and offers for products. Your Personal Credit History may also be used to determine whether you will be making monthly or quarterly payments or if you will be required to pay the entire premium upfront. Personal Credit History is also used to create an “insurance risk score.” This score also helps determine your auto insurance rates. In order to enjoy a lower insurance premium, pay your bills on time in an effort to improve your score. This will also help improve your credit history so that in the long run, you can save money on your car insurance premium. That said, Personal Credit History is not the only assessment tool North Dakota auto insurance companies may use to underwrite insurance policies. They may also consider age, gender, where you live, car make and model, how much you drive, and driving record.
What is the average auto insurance premium in this state? As of what year?
As of 2006, North Dakota resident’s average insurance premium was approximately $530, 51st most expensive in the nation. This was down 4.4% from the previous year. The national average was $817.
In North Dakota, drunk drivers claim the lives of 40-45 people each year. Alcohol related car crashes currently account for 42% of all fatal car crashes in the state. In 2007, a total of 111 people lost their lives on North Dakota roads. While North Dakota’s figures are considered low in comparison to other states, one drunk driving fatality is one too many.
In the state of North Dakota, teens are eligible to apply for a learner’s license at age 14. Although North Dakota teens may begin practicing at an early age, they must wait until age 16 to become eligible to apply for a restricted license. North Dakota’s Graduated Driver Licensing system eliminates a few of the requirements of the traditional system, but it still helps save teen lives.
Most financial experts will counsel you to purchase increased limits – we at East Coast Auto will review your individual needs and provide adequate limits at affordable rates, insuring you and your assets are fully protected.
Call us now 888-206-0565
Coverage will be placed with top rated companies such as:
- 21st Century
- Liberty Mutual
- AARP
- Nationwide
- AIG
- Progressive
- Allstate
- State Farm
- Esurance
- Travelers
- Geico
- Zurich
- Kemper