If you live in North Dakota or Minnesota, and drive a pickup truck, it’s important to understand the basics of pickup truck insurance. Whether you use your pickup truck for work or personal use, you need to make sure you have adequate coverage. We’re here to help!
The Basics of Pickup Truck Insurance in Fargo
Liability coverage is required by state law. This type of coverage protects you financially if you are found at fault for an accident that damages someone else’s property or injures another person.
Car Insurance Requirements in North Dakota and Minnesota
When it comes to car insurance in North Dakota and Minnesota, here are the required minimums:
North Dakota
- $25,000 of bodily injury or death to one person in any single accident
- $50,000 of bodily injury or death of all people in any single accident
- $25,000 of property damage liability in any single accident
- $30,000 in no-fault (personal injury protection) coverage
- $25,000 uninsured/underinsured motorist bodily injury per person
- $50,000 uninsured/underinsured motorist bodily injury per crash
Minnesota
- $30,000 bodily injury per person per accident
- $60,000 bodily injury for all people per accident
- $10,000 property damage liability in any single accident
- $40,000 in no-fault (personal injury protection) coverage
- $25,000 uninsured/underinsured motorist bodily injury per person
- $50,000 uninsured/underinsured motorist bodily injury per crash
If you finance your pickup truck, your lender will require you to carry collision and comprehensive coverage. Collision coverage pays for damage to your pickup truck if it’s involved in an accident, regardless of who is at fault. Comprehensive coverage protects your pickup truck from damage caused by factors other than an accident, such as theft, vandalism, or weather events.
Do you use your pickup truck for business purposes? Then you likely need to purchase commercial vehicle insurance.
Finally, if you belong to certain organizations or professions, you may be eligible for discounts on your pickup truck insurance premiums. For example, many insurers offer discounts to farmers and ranchers.
The best way to find the right pickup truck insurance policy for your needs is to compare quotes from multiple insurers. By shopping around, you’ll be sure to find the coverage you need at a price you can afford. Call us today so we can help!