BISMARCK — The North Dakota Insurance Department has launched a research of how substantially unique forms of drivers shell out for vehicle insurance plan.
The analyze unveiled Friday, April 1 looked at 20 car insurance policies corporations who include more than 80% of drivers in North Dakota. Those businesses presented rate ranges for 12 scenarios involving “good” motorists, motorists who have “less than perfect” information and “gig” staff, these types of as Lyft and Uber motorists. The charges also appeared at youthful one guys and females, married partners with and without having youth motorists, and elderly motorists.
All charges ended up for a six-month interval as of January 2018. The prices have been damaged down for Fargo, the Bismarck-Mandan location, Grand Forks, Minot and the rest of the point out.
Geico Indemnity overall available the maximum priced coverage, generally exceeding $1,100. Geico Indemnity and its father or mother company, Geico, did not provide coverage in the gig situations.
Some of the lowest selling prices came from Progressive Direct, Progressive NW and Nodak Mutual.
The report is not an endorsement of the businesses it stated, the insurance coverage department claimed. It is a reminder of the importance of assembly with an insurance policies agent to focus on coverage, costs and possibilities, Coverage Commissioner Jon Godfread said.