Who Has Cheap Auto Insurance for a 20 Year Old Male in North Dakota?

When we talk about car insurance, the words “affordable” or “cheap” really should not be used anywhere in the article to describe car insurance rates. Please forgive the oxymoron, but cheap car insurance for 20 year old guys is pretty hard to find. Don’t let that get you down, though, because we will tell you how you can still find and buy auto insurance that is affordable.

The vehicle model that needs insurance is probably the biggest factor when shopping around for cheap auto insurance for 20 year old guys in North Dakota. Vehicles with economical engines, advanced safety features, or low incidents of liability claims will cost significantly less to insure than high performance models.

The next tables features coverage costs for a number of the most affordable automobiles to insure in North Dakota.

Data based on single male driver age 20, no speeding tickets, no at-fault accidents, $500 deductibles, and North Dakota minimum liability limits. Discounts applied include safe-driver, and claim-free. Information does not factor in vehicle garaging location which can affect rates significantly.

Cost estimates assume single male driver age 20, no speeding tickets, no at-fault accidents, $500 deductibles, and North Dakota minimum liability limits. Discounts applied include safe-driver, and claim-free. Premium costs do not factor in vehicle location which can decrease or increase price quotes significantly.

Data rating is based on single male driver age 20, no speeding tickets, no at-fault accidents, $500 deductibles, and North Dakota minimum liability limits. Discounts applied include safe-driver, and claim-free. Information does not factor in specific garaging location which can modify coverage rates noticeably.

For young men, one of the largest considerations that influence the amount you pay each year for auto insurance is where you live. Cities with larger populations or higher claim trends like Beulah, Carrington, and Devils Lake likely pay more, whereas areas with less people or fewer weather incidents have the benefit of cheap auto insurance for 20 year old guys in North Dakota.

The next table illustrates the highest-priced areas in North Dakota for 20 year old guys to buy auto insurance in.

Rate quotes are comparative as the garaging address in North Dakota can increase or decrease coverage prices significantly.

Finding reliable, cost effective car insurance is not the easiest thing to accomplish, and deciding which companies quote the cheapest auto insurance rates for 20 year old guys will involve more quotes for comparison. Insurance rates will probably be significantly greater than the state average attributed to the posibility of more claims associated with offering coverage for young men, but reasonably-priced coverage should be possible if you do a thorough comparison. Every auto insurer has their own process to determine rates, so let’s rank the most budget-friendly auto insurance companies in North Dakota.

Cheapest Insurance Rates for Men Age 20

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USAA offers some of the lowest car insurance rates in North Dakota at around $704 annually. Allied, Nodak Mutual, Grinnell, and State Farm also make the cut as some of the most economical North Dakota insurance companies.

In the above example, if you buy coverage from Allied and switched to USAA, you may realize a yearly price reduction of upwards of $190. Insureds with Nodak Mutual may save as much as $224 a year, and Grinnell policyholders might realize rate reductions of up to $324 a year.

To find out how your current rates compare, click here to start a quote or feel free to get quotes from the companies below.

It’s important to note that these policy rates are averaged across all insureds and vehicles and and are not figured with a rate increase for 20 year old guys. So the company that fits your age and vehicle best may not even be included in the list of companies above. That is why you need to get rate quotes from many companies using your own individual information.

How careless driving impacts North Dakota auto insurance rates

In a perfect world, the ideal way to get affordable auto insurance rates in North Dakota for young men is to be a safe driver and not receive tickets or have accidents. The information below illustrates how traffic citations and at-fault collisions raise insurance costs for different categories of driver ages. The premiums are based on a single male driver, comp and collision included, $500 deductibles, and no discounts are applied to the premium.

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In the previous chart, the average cost of a car insurance policy in North Dakota per year with no violations or accidents is $1,566. Receive two speeding tickets and the average cost surges to $2,072, an increase of $506 each year. Now add in two accidents along with the two speeding tickets and the annual cost of auto insurance for 20 year old guys goes up to an average of $3,960. That’s an increase of $2,393, or $199 per month, just for being a less-than-perfect driver!

Who is cheaper: State Farm, Progressive, Geico, or Allstate?

If you are looking for the best auto insurance, some of the first companies to look at are State Farm, Progressive, Geico, and Allstate. They all have a unique set of features, discounts, and options that may affect your buying decision. The next table ranks some of the ratings and options that are available for customers.

Find cheap auto insurance for 20 year old guys in North Dakota

Below you’ll find some of the better thrifty ideas that can help North Dakota drivers get lower-cost car insurance.

• Home or renters coverage can save on auto insurance
• Better credit rating means better rates
• At-fault accidents can raise rates significantly
• The safer your car, the less it costs to insure
• Do not insure for full coverage
• Compare rates once a year for cheaper prices

That last tip is extremely necessary, as was pointed out in the prior article. Insurance rates vary greatly, so drivers shouldn’t be reluctant to buy a different policy if a lower price can be found. Having brand loyalty is commendable, but we do not recommend it if that stubbornness costs you a lot of money. It only take a few minutes to shop around and find cheaper insurance for 20 year old guys.

Who has the cheapest insurance quotes for young men?

Drivers have a lot of different ways to compare cheaper auto insurance rates in North Dakota, but the most frequently used ways are from an independent insurance agent, an exclusive agency such as Allstate or State Farm, or from a direct company like Geico.

You can use whichever you prefer, but buyers need to know the differences in how they function.

Independent insurance agents write business for many companies and can get policy pricing from every one. These types of agencies are not limited to a single company and can compare multiple rates, which can give you better odds of saving money. If your agent finds a cheaper company, they simply switch companies in-house which requires no work on your part.

An exclusive ageny is able to place business with a single company, two examples are an Auto-Owners or State Farm agent. These agents usually cannot provide a range of price quotes, so if the price isn’t competitive there isn’t much they can do.

Buying direct means you forego a local insurance agent and instead buy buying direct from a company like Geico or Esurance. Buying auto insurance direct is a good choice for people who do not need advice for risk management and have a decent understanding of how their policy works.

So which of those three methods works best to buy cheap auto insurance for 20 year old guys in North Dakota? It would be premature to say buying direct results in the cheapest rates since no commissions are paid to an agent, but unfortunately, that is not the case. A good argument could also be made that an independent agency is the best way since there are more companies to choose from, but that’s not always true, either. And occasionally, exclusive agencies may have very competitive prices well below independent agents AND direct companies.

Due to that fact that auto insurance uses so many rating variables, really the only way to make sure you’re not overpaying for auto insurance is to get quotes and compare the rates. Be sure to get prices from all three to give yourself the best selection. A great place to start is our list of online companies offering discounts: click here to view.