North Dakota Auto Insurance Policy
Included in any North Dakota auto insurance policy are a variety of different types of coverage. Some are mandated by the state, while others are mandated by the lien holder of the vehicle and still others are completely your choice. No matter what types of coverage you want on your policy, the best place to start is with a free online quote that will allow you to compare your options side by side.
Required North Dakota Car Insurance Minimums
The state of North Dakota, like practically every other state in the U.S., has minimum required levels of insurance that every car owner must carry. Fines are hefty if you are found driving without at least the state-required insurance coverage.
- Liability Coverage: $25,000 for bodily injury per person, $50,000 for bodily injury per accident, $25,000 for property damages to the other party's vehicle or property.
- Uninsured Motorist Coverage: $25,000 per person and $50,000 per accident of bodily injury coverage when the other driver does not carry insurance.
- Underinsured Motorist Coverage: Must be carried at the same limit as the uninsured motorist coverage on your policy and will cover you for bodily injury expenses in excess of the other party's insurance to the limit of your own.
- Basic No-Fault Coverage: This type of coverage is required in states that are deemed no-fault insurance states. However, as with other states that use this system, it is not true no-fault. The required amount to carry is $30,000 and covers wage loss and other medical expenses typically not taken care of by other types of coverage. It is also called Personal Injury Protection (PIP).
Why You Need Other North Dakota Insurance Coverage Too
There are a variety of other types of North Dakota insurance coverage that you can include on your auto policy. They will ensure that you are sufficiently protected in case of any eventuality.
- Collision Coverage will protect you against property damage to your own vehicle in case of an at-fault traffic accident or an accident where the at-fault driver is uninsured or underinsured. Finance companies mandate having this when you have a loan on your vehicle.
- Comprehensive covers losses which occur as a result of a number of different perils, including fire, theft, storm damage and others. It is also mandated by lien holders as a required coverage.
- Rental Reimbursement is often included with full-coverage policies and will pay you to rent a vehicle to replace your own should you be without the use of it due to a claim.
- Towing and Labor coverage will pay for your vehicle to be towed or made temporarily drivable.
- GAP Coverage is very beneficial to have, especially on newer vehicles, if you suffer a complete loss or if the vehicle is stolen. It will make up the difference between the amount the insurance pays out and the amount left on your car loan to pay.
- Death and Dismemberment pays out in case you die or are dismembered as a result of a car accident.
Your auto insurance policy is meant to provide you with peace of mind. Having adequate coverage and carrying limits that protect you are a necessity. When you have determined what types of coverage you need included on your North Dakota auto insurance policy, the smart thing to do is shop around. Use a free online quote tool like the one here and get a variety of quotes from top insurers in your area to compare and choose from.