Homeowners Insurance in Fargo, ND
For a home at Fargo's median value of $281,900, we estimate about $1,630 a year — +15% versus the North Dakota NAIC average of $1,414.
Estimated homeowners insurance cost in Fargo
Fargo's estimate reflects its home values (13% higher than the state median) and FEMA's hazard profile for Cass County.
Natural hazard risk in Fargo
| Hazard | Risk rating | Score (0–100) | Insurance impact |
|---|---|---|---|
| Hail | 96.8 | Comprehensive (car); roof claims (home) | |
| Tornado | 89.7 | Comprehensive; dwelling | |
| Hurricane | — | Comprehensive; wind/hurricane deductibles (home) | |
| Inland (river) flooding | 80.6 | Comprehensive; home needs a separate flood policy | |
| Coastal flooding | — | Comprehensive; home needs a separate flood policy | |
| Strong wind | 98.3 | Comprehensive; dwelling | |
| Winter weather | 99.6 | Collision (icy roads); frozen pipes (home) | |
| Wildfire | 50.5 | Comprehensive; dwelling | |
| Earthquake | 24.1 | Home needs a separate earthquake policy | |
| Lightning | 63.2 | Fire and electrical damage |
Scores are national percentiles of FEMA's county risk (higher means more expected loss than most other U.S. counties).
Estimated premium by home value in Fargo
| Dwelling value | Wood frame | Brick / masonry |
|---|---|---|
| $200,000 | $1,240 | $1,140 |
| $300,000 | $1,715 | $1,580 |
| $500,000 | $2,580 | $2,375 |
| $750,000 | $3,570 | $3,285 |
Home Insurance Estimator
Homeowners insurance by ZIP code in Fargo
| ZIP | Median home value | Owner-occupied | Est. premium |
|---|---|---|---|
| 58104 | $359,400 | 45.4% | $1,980 |
| 58103 | $242,400 | 42.1% | $1,445 |
| 58102 | $242,200 | 46.2% | $1,445 |
Homeowners insurance in North Dakota · Car insurance in Fargo · Insurance offices near Fargo
Frequently asked questions
How much is homeowners insurance in Fargo?
For a home at Fargo's median value of $281,900, we estimate about $1,630 a year for a standard HO-3 policy with a $1,000 deductible. The North Dakota NAIC average is $1,414.
What are the biggest natural hazards in Fargo?
FEMA's National Risk Index rates Cass County relatively high or very high for hail, strong wind, and winter weather.
Does the age of homes in Fargo affect insurance?
Yes. The median home in Fargo was built in 1991 (Census ACS). Older roofs, wiring and plumbing can raise premiums or require inspections, while updates often earn discounts.
How we estimate this
We start from the NAIC average homeowners (HO-3) premium for North Dakota, scale it by the ratio of the dwelling value to the state median home value, adjust for construction type and deductible, and apply a hazard factor from FEMA National Risk Index scores for Cass County relative to the state. Results are rounded estimates, not quotes. Read the full methodology.
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owner's Insurance Report: Data for 2023 (July 2026), Tables 4 and 5 (HO-3 and HO-4 average premiums)
- FEMA National Risk Index (Cass County)
- U.S. Census Bureau, American Community Survey (home values, year built, tenure)