Situated in the northern part of the United States, and right below Canada, North Dakota residents can face extremely cold weather, including blizzards. Residents may experience heavy snow and winds, as well as water accumulation. These types of weather can cause great damage to a home.
The laws of North Dakota state that homeowners aren’t required to have home insurance, but if you have a home loan, most mortgage lenders will require you to buy home insurance. Smoke detectors and carbon monoxide detectors are also optional, according to the state fire marshal. However, state lawmakers advise that all residents have home insurance coverage in order to prepare for the unexpected and to protect against devastating loss.
Comparing North Dakota Home Insurance Rates
As you shop for home insurance, it is a great idea to obtain several policy quotes. Prices can vary widely from carrier to carrier and you should do this so that you can see how much coverage you can get for your money.
The exact amount you will pay will vary based on several factors including:
- The age of your home.
- The size of your property, including any outbuildings (detached garage, shed, guest house).
- Optional coverage such as business use, sewer backup, and identity theft.
- Deductible limits.
- Medical payment limits.
- How much liability coverage you want.
In low-lying areas around rivers and small lakes, there is a high potential for flooding. It’s important to remember that a typical home insurance policy won’t cover flood damage. You can buy a separate policy for this coverage through the federal National Flood Insurance Program.
How to Prepare for Severe Weather and Natural Disasters in North Dakota
In North Dakota, it’s important to have an evacuation plan in place in you get snowed in or lose power. Prepare yourself and your family by doing the following:
- Store your important documents in waterproof bags and place them in a secure, waterproof and fireproof box. This keeps your documents in one place and protects them against fire and flood.
- Put together an emergency kit. This should include cans of food, a can opener, drinking water, a blanket, flashlight and change of clothes.
- Keep your car’s gas tank full in cold weather. If you’re forced to evacuate your home, you’ll be able to drive a longer distance without having to stop.
Frequently Asked Questions About North Dakota Home Insurance
There are several questions that North Dakota residents often ask about home insurance in their state. Some of the most common are:
1. What does the term "primary dwelling" mean?
In insurance terms, a primary dwelling is the structure that you actually live in. This doesn’t include outbuildings on your property such as a detached garage or storage shed.
2. If a person rents out their home, is it still covered by home insurance?
A standard home insurance policy may not cover all losses or damages in this case. Make sure you read your insurance policy thoroughly to see what is covered.
3. Can a person buy a home insurance policy for a mobile home?
If the mobile home is not on a permanent foundation, you generally can't obtain a home insurance policy. However, you can buy a separate mobile home insurance policy which can protect against physical damage to your mobile home, as well as coverage for your possessions.
How to Get Great Rates on North Dakota Home Insurance
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North Dakota Home Insurance Resources
ND Insurance Department
A resource for information on all types of North Dakota insurance, as well as consumer alerts and complaint reporting