By: Ishan Mukhopadhyay Aug. 08, 2018

A recent Raltin survey of car insurance premiums in Bismarck, North Dakota, showed than that for 46-year-old married couples driving a 2009 Chevrolet Silverado pickup save the most, at $456, between the median and cheapest policies. For this analysis, Raltin used data published by the North Dakota Insurance Department. The liability limit, for bodily injury to another person was chosen as either $25,000 or $100,000. The liability limit for property damage was chosen as either $25,000 or $50,000. The limit for bodily injury from uninsured motorist was chosen as either $25,000 or $100,000. The personal injury protection limit was chosen as $30,000.

Following is an analysis of car insurance premiums for the ten segments of drivers analyzed:

72-year-old single women: The car analyzed for this segment is a 2010 Lincoln town car. The premiums for this cohort start at a significantly low rate at $193, offered by Nodak Mutual company. The median premium is offered by National Farmers Union, at $418.

Married couples aged 35 years: The car analyzed for this segment is a 2008 Dodge Ram. Nodak Mutual again offers the cheapest insurance premium for this cohort, at $414.

40-year-old single men: The car chosen for this cohort is a 2010 Chevrolet Impala. The cohort has accesses to the cheapest premiums overall, with Nodak Mutual offering the lowest rate at $110. The median premium rate is offered by American Standard, at $216. The difference between the 75th and 25th percentile, is significantly low at 58.66%.

21-year-old single men: The car selected for this cohort is a 2006 Ford Mustang. Once again Nodak Mutual offers the cheapest premium rate for this group of drivers, at $117. The most expensive premium rate is rather steep, at $1087, by Metropolitan company.

48-year-old single women: The car analyzed for this cohort is a 2009 Buick LaCrosse CXL. The difference in prices between the 75th percentile and 25th percentile in car insurance premiums is the highest for this segment, at 88.68%. National Farmers Union offers the cheapest premium for this cohort, at $380. The most expensive price is significantly high, at $1683, offered by Safeco.

Married couples aged 65 years: The car selected for this cohort is a 2013 Ford F-150 supercrew pickup. Progressive Direct offers the cheapest premium for this cohort, at $384. The difference in prices between the 75th percentile and 25th percentile in car insurance premium is significantly low for this driver profile, at 48.99%.

Married couples aged 46 years: A 2009 Chevrolet Silverado pickup car has been chosen for this segment of drivers. Progressive Direct offers the cheapest premium, at $610. Geico Indemnity offers the most expensive premium, at a high price of  $2469.

30-year-old single women: The car chosen for the  analysis of car premiums offered to this cohort is a 2013 Acura TL. The cheapest premium is offered by Nodak Mutual, at $332. The median rate is offered by Geico, at $462.

Married couples aged 25 years: The car selected for this group of drivers is a 2007 Toyota Solara. Nodak Mutual offers the cheapest premium `at $576, for this cohort. It is $252 less than the median premium of $828, offered by Allstate. The difference in prices between the 75th percentile and 25th percentile in car insurance premium is the lowest for this driver profile, at $31.57%.

25-year-old single men: The car chosen for this segment is a 2011 Ford F150 XLT. Progressive Direct offers the cheapest premium, at $319. It is $887 less than the most expensive premium at $1216, offered by Geico Indemnity.

The following chart presents a comparison of prices for each cohort.

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The following table compares the car insurance premiums offered to key cohorts in Bismarck, North Dakota, along with the names of the companies and the differences between the 75th and 25th percentile in premiums.

CohortCheapest Car Insurance Companies in Bismarck, NDMost Expensive Car Insurance Companies in Bismarck, NDMedian Car Insurance Companies in Bismarck, ND25th Percentile of Car Insurance Premiums in Bismarck, ND75th Percentile of Car Insurance Premiums in Bismarck, NDDollar Difference between 25th and 75th PercentilesPercentage Difference between 25th and 75th Percentiles
72-year-old single women driving 2010 Lincoln town carsNodak Mutual ($193)GEICO Indemnity ($870)National Farmers Union ($418)USAA ($350)Metropolitan ($583)$23366.57%
Married couples aged 35 years driving 2008 Dodge RamNodak Mutual ($414)GEICO Indemnity ($1,421)Metropolitan ($616)Garrison Property & Casualty ($513)Safeco ($855)$34266.67%
40-year-old single men driving 2010 Chevrolet ImpalasNodak Mutual ($110)Metropolitan ($758)American Standard ($216)USAA ($179)Safeco ($284)$10558.66%
21-year-old single men driving 2006 Ford MustangsNodak Mutual ($117)Metropolitan ($1,087)Allstate ($382)Center Mutual ($271)GEICO ($477)$20676.01%
48-year-old single women driving 2009 Buick LaCrosse CXLsNational Farmers Union ($380)Safeco ($1,683)Allied ($766)Progressive NW ($645)Grinnell Select ($1,217)$57288.68%
Married couples aged 65 years driving 2013 Ford F-150 supercrew pickupProgressive Direct ($384)GEICO Indemnity ($1,961)GEICO ($592)USAA ($547)State Farm Fire ($815)$26848.99%
Married couples aged 46 years driving 2009 Chevrolet Silverado pickupsProgressive Direct ($610)GEICO Indemnity ($2,469)Mid Century ($1,066)USAA ($859)Allstate ($1,323)$46454.02%
30-year-old single women driving 2013 Acura TLsNodak Mutual ($332)GEICO Indemnity ($1,047)GEICO ($462)Garrison Property & Casualty ($415)National Farmers Union ($584)$16940.72%
Married couples aged 25 years driving 2007 Toyota SolarasNodak Mutual ($576)GEICO Indemnity ($1,773)Allstate ($828)Garrison Property & Casualty ($700)Allied ($921)$22131.57%
25-year-old single men driving 2011 Ford F150 XLTsProgressive Direct ($329)GEICO Indemnity ($1,216)Garrison Property & Casualty ($611)Progressive NW ($416)Grinnell Select ($752)$33680.77%


ABOUT THE AUTHOR

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Ishan Mukhopadhyay

Ishan has over 5 years of experience as a freelance journalist and a content writer. He graduated from The English and Foreign Languages University and holds a Masters degree from the University of Hyderabad. Apart from the English language, Ishan's other passion is data driven journalism.

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