Utah homeowners enjoy low home insurance rates, about 43% below the national average. Our top Utah homeowners insurance company picks – Acuity, American Family, Auto-Owners, and Nationwide – all offer standard policies with a comprehensive collection of coverages. They also provide a nice collection of optional coverages to enhance protection of your home and its contents.
To determine the best homeowners insurance companies in Utah, we conducted an exhaustive search, analyzing each company’s coverages, customer service record, discounts, financial ratings, market share, and rates.
The 4 Best Homeowners Insurance Companies in Utah
Compare Utah’s Top Insurance Companies
| Average Price | AM Best Financial Strength | J.D. Power Overall Customer Satisfaction | |
| Acuity | $473 | A+ | NA |
| American Family | $403 | A | 821/1,000 |
| Auto-Owners | $635 | A++ | 843/1,000 |
| Nationwide | $433 | A+ | 808/1,000 |
Best Utah Homeowners Insurance Companies
Acuity
Based on our research, Acuity offers some of the lowest homeowners rates in Utah. The insurer also scores well in financial strength ratings and enjoys a great Better Business Bureau rating, with few customer complaints. Acuity provides great basic home insurance, a few discounts to lower your rate, and a handful of optional coverages. We particularly like Acuity’s service line endorsement.
Service Line Endorsement
Why we chose it
Why we chose it
Pros
- Great online resources for homeowners
- Variety of payment plan options
- Good rates
Cons
- Few discounts
Discounts available
- Up to a 20% discount when you buy auto and home insurance
- Fire protection system discount
- Mature homeowner discount
Unique features
Acuity’s service line coverage can save you a bundle of money if a sewer line breaks beneath your front yard, lightning fries your home’s electrical system, or frozen pipes wreck a kitchen appliance.
*J.D. Power 2020 Home Insurance Customer Satisfaction Survey, based on a 1,000-point scale.
American Family
American Family rewards long-time policyholders with loyalty discounts and offers savings up to 29% for bundling car and homeowners policies. Comprehensive coverage and the lowest rates in Utah make American Family a great choice for new homeowners. In the 2020 J.D. Power Home Insurance Study, American Family scored right around the industry average. The carrier has a firm financial foundation, but it doesn’t offer home insurance in all states.
Great for New Homeowners
Why we chose it
Why we chose it
Pros
- Useful digital tools
- Extensive coverage options
- Plenty of advertised discounts
Cons
- Average customer service
- Limited availability
Discounts available
- Up to a 29% discount when bundling auto and homeowners policies
- Renovated home discount
- Loyalty discount
Unique features
Most major home insurance carriers offer optional coverage, but American Family provides a couple that some insurers don’t offer. Equipment breakdown coverage can help pay to replace electrical and mechanical home systems. American Family’s matching siding protection pays up to $20,000 to replace undamaged siding when other sections of siding need replacing due to a covered loss.
*J.D. Power 2020 Home Insurance Customer Satisfaction Survey, based on a 1,000-point scale.
Further Reading on American Family:
Auto-Owners Insurance
Auto-Owners ranked No. 3 in the 2020 J.D. Power Home Insurance Study, with a customer satisfaction rating of 843 out of 1,000. The provider has earned fantastic credit and consumer ratings, and it offers standard homeowners policies that include all the coverages many homeowners need. But we’re most impressed with Auto-Owners’ optional coverages, which can save you a bundle of money when you need them.
Great Optional Coverages
Why we chose it
Why we chose it
Pros
- Customer satisfaction rating
- Sound financial ratings
- Good selection of optional coverages
Cons
- Higher rates than some carriers
Discounts Available
- Multi-policy discount
- Green discount
- Automatic backup generator discount
Unique Features
Auto-Owners’ optional coverages give you additional protection for your home and belongings. Identity theft expense coverage covers up to $15,000 in identity theft expenses when a thief assumes your identity to commit fraud. Auto-Owners’ Home Plus option covers food spoilage costs after a power outage and can help pay for damages caused by leaking appliances.
*J.D. Power 2020 Home Insurance Customer Satisfaction Survey, based on a 1,000-point scale.
Further Reading on Auto-Owners Insurance:
Nationwide
Nationwide has insured generations of homeowners across the United States. The carrier’s standard policies include credit card and ordinance of law coverage, which most providers only offer as endorsements. But Nationwide also extends several discounts to help you reduce your rate. The provider’s diverse discount programs make it possible for you to qualify for multiple savings.
Great Discounts
Why we chose it
Why we chose it
Pros
- Good rates
- Great discounts
- Credit card coverage included
Cons
- Below-average customer satisfaction rating
Discounts available
- Claims-free discount
- Gated community discount
- Roof rating discount
Unique features
Nationwide gives you several ways to save on your homeowners premium. Your home can qualify for a discount if it features a qualified roof surface, and you can earn a greater savings if it’s equipped with protective devices, like a burglar alarm and smoke detectors.
*J.D. Power 2020 Home Insurance Customer Satisfaction Survey, based on a 1,000-point scale.
Further Reading on Nationwide:
Average Cost of Homeowners Insurance in Utah
Utahns pay some of the cheapest homeowners insurance rates in the nation: $692 per year on average. That’s about 43% lower than the national average, based on 2019 National Association of Insurance Commissioners data. Only Oregonians have a lower average. By comparison, Coloradans pay a whopping $1,495 average annual homeowners premium, while Nevada homeowners pay around $755 per year.
Home Insurance Add-Ons That Will Further Protect You
Utah homeowners living in some areas should consider purchasing earthquake and flood coverage, which most standard homeowners policies don’t include.
In 2010, Utah’s Virgin River overflowed its banks after four days of relentless rain, causing damage in Zion National Park and Washington, Utah, according to the National Weather Service.
Since it was settled in the mid-1800s, Utah has experienced nearly 20 earthquakes greater than 5.5 magnitude, according to the Utah Geological Survey, making earthquake coverage a good consideration.
The Cheapest Homeowner Insurance Companies in Utah
| Homeowner Insurance Companies | Average Annual Premium |
| American Family Insurance | $403 |
| Mutual of Enumclaw Insurance | $430 |
| Nationwide | $433 |
| Acuity | $473 |
| Metropolitan Insurance | $528 |
| Auto-Owners Insurance | $635 |
| Farmers | $704 |
| USAA | $758 |
| Garrison Property and Casualty Insurance | $789 |
| State Farm | $828 |
| Encompass | $1,136 |
| Average Annual Premium Across Companies | $647 |
Cost of Homeowners Insurance by Age of Home
| Age of Home (years) | Sample Annual Premium |
| 0-5 years | $628 |
| 5-20 years | $903 |
| 20-35 years | $925 |
| 35-50+ years | $914 |
| Average Annual Premium Across Ages | $843 |
Top 3 Cheapest Homeowners Insurance Companies in Utah
- American Family Insurance – $403
- Mutual of Enumclaw Insurance – $430
- Nationwide – $433
Top 3 Most Expensive Homeowners Insurance Companies in Utah
- Encompass – $1,136
- State Farm – $828
- Garrison Property and Casualty Insurance – $789
Helpful Resources for Utah Homeowners
The U.S. Department of Housing and Urban Development offers several programs for Utah homeowners and homebuyers. The Department sponsors rural and urban housing programs and can help homebuyers find conventional and FHA loans.
The Community Development Corporation of Utah provides down payment assistance and homebuyer services. CDCU also purchases foreclosed homes, renovates them to meet current building code, then places them on the market for qualified buyers.
Homeowners Insurance FAQ
Is homeowners insurance required in Utah?
Utah law doesn’t require you to buy home insurance. But if you finance a home, the lender will require you to buy a homeowners policy. It’s also just a good idea, generally. Homeowners insurance protects your assets. If a fire or other calamity destroys your home and belongings, you’ll end up paying out of pocket if you don’t carry home insurance.
What is the cheapest homeowners insurance in Utah?
Based on our research, American Family Insurance offers the lowest homeowners rates in Utah, with average annual premiums of around $403. However, homeowners rates are based on several factors, including your home’s location, construction type, proximity to a fire station, and age. For the most accurate rates, contact a few insurers and request quotes.
Methodology
We evaluated the companies based on their customer rating and experience, financial stability, and coverage to determine the best providers. To compare home insurance companies across the board, we then calculated a Reviews.com score based on the following:
- Customer Ratings — Customer ratings are an indication of satisfaction with the process of filing a claim. We measured this using J.D. Power Homeowners Satisfaction ratings.
- Coverage — As there isn’t one company to fit everyone’s needs, we evaluated companies by the amount of coverage options and add-ons available.
- Confidence — It is extremely important for insurance companies to fulfill customers’ claims. Companies with sound financial strength will not have issues paying out claims, regardless of the amount. However, companies with weak financial strength might not be able to pay out claims. We measured this using AM Best’s ratings, which specializes in assessing the financial strength of insurance companies.
- Customer Experience — The amount of complaints a company receives is an indicator of the overall customer experience as it expresses dissatisfaction. We have based this measure on the NAIC National Complaint Index.
About the Authors
Michael Evans is a freelance finance writer. His work has been published by Bankrate, Fox Business, The Guardian and Yahoo Finance.
