Utah homeowners have unique needs when it comes to insurance coverage. Although rates tend to be far lower than the national average, price isn’t the only metric that matters when choosing a home insurance company. Here, Reviews.com breaks down the best home insurance companies in Utah to help you find the right policy for your needs.
The 4 Best Home Insurance Companies in Utah
To find the best homeowners insurance companies in Utah, our insurance editorial team started by reviewing average annual premium information from Bankrate.com. We also looked at coverage offerings, discounts, digital tools, claims satisfaction and other third-party scores. We found that these four companies rose to the top:
- Acuity: Best for Add-On Options
- American Family: Best for Discounts
- Auto-Owners: Best for Local Agents
- Nationwide: Best for Claims Satisfaction
Compare the Best Home Insurance Companies in Utah
While we chose these four companies as the best based on our research method, the best company for you will depend on your personal situation. While this guide can be used as a starting point for your shopping process, doing your research and shopping around can be helpful in finding the right company.
| Average Annual Premium* | AM Best AM Best rates insurance providers creditworthiness. Ratings are based on the provider’s ability to follow through with a payout when a consumer files a claim. | J.D. Power** J.D. Power scores are based on surveys for customer satisfaction and product quality. | ||
|---|---|---|---|---|
| Pin Acuity | $590 | A+ | Not rated | |
| Pin American Family | $526 | A | 831/1,000 | |
| Pin Auto-Owners | $662 | A++ | 831/1,000 | |
| Pin Nationwide | $573 | A+ | 812/1,000 |
Information accurate as of July 2022
*2021 premium data provided by Bankrate.com for $250,000 in dwelling coverage
**J.D. Power’s 2021 U.S. Home Insurance Study. Based on a 1,000-point scale.
Best for Add-On Options
WHY WE CHOSE IT
Why we chose it
Pros
- Low average rate
- Numerous optional coverage types available
- Helpful blog posts
Cons
- Few discounts advertised
- Not rated by J.D. Power for customer satisfaction
- Fewer digital tools than other companies
OTHER POLICIES OFFERED
- Auto
- Motorcycle
- Condo
- Renters
STANDOUT DISCOUNTS AVAILABLE
- Bundling
Best for Discounts
WHY WE CHOSE IT
Why we chose it
Pros
- Numerous discounts
- Low average rate
- Above-average J.D. Power customer satisfaction score
Cons
- Not available nationwide
- Cannot purchase online, can only quote
OTHER POLICIES OFFERED
- RV and camper
- Boat
- Manufactured home
- Pet
STANDOUT DISCOUNTS AVAILABLE
- Age of home
- Loyalty
- Generational
- Renovated home
Best for Local Agents
WHY WE CHOSE IT
Why we chose it
Pros
Cons
Best for Claims Satisfaction
WHY WE CHOSE IT
Why we chose it
Pros
- High J.D. Power claims satisfaction score
- Numerous endorsements
- Several discounts
Cons
- No options for mobile or manufactured homes
- Digital tools are poorly rated by J.D. Power
- Not available nationwide
OTHER POLICIES OFFERED
- Auto
- Snowmobile
- Classic car
- Renters
STANDOUT DISCOUNTS AVAILABLE
- Smart home
- Gated community
- Prior insurance
- Home renovation
*2021 premium data provided by Bankrate.com for $250,000 in dwelling coverage
**J.D. Power’s 2021 U.S. Home Insurance Study. Based on a 1,000-point scale.
The Average Cost of Homeowners Insurance in Utah
Utahns pay some of the cheapest homeowners insurance rates in the nation: $647 per year for $250,000 in dwelling coverage on average, according to 2021 data from Bankrate.com. That’s about 51% lower than the national average of $1,312 per year. Average premiums in neighboring states tend to be higher; Nevada homeowners pay an average of $822 per year, and the average annual premium in Arizona is $1,189.
Top 3 Cheapest Homeowners Insurance Companies in Utah
| Company | Average Annual Premium* |
| Mutual of Enumclaw | $446 |
| Travelers | $490 |
| American Family | $526 |
*Data from Bankrate.com
Top 3 Most Expensive Homeowners Insurance Companies in Utah
| Company | Average Annual Premium* |
| Farmers | $846 |
| State Farm | $809 |
| Allstate | $803 |
*Data from Bankrate.com
Key Things to Know About Home Insurance in Utah
Utah’s low average rates might be due in part to a low risk of home damage in the state, but that doesn’t mean Utah homeowners don’t have any dangers to worry about. The state can experience wild swings in weather, ranging from flash flooding to wildfires to earthquakes. Understanding the common types of damage in your specific area may help you choose your home insurance coverage more wisely.
Home Insurance Coverage Options
In addition to the standard home insurance coverages — which include dwelling, other structures, personal property, and liability coverage — you may want to consider some additional protections:
- Flood insurance: Utah being a desert climate means that it could be at a greater risk for flash floods when rain does arrive. Flood damage is not covered by home insurance and requires a separate policy.
- Earthquake coverage: Utah isn’t as prone to earthquakes as some other Western states but they do occur, and even minor earth movement can cause significant home damage. Earthquake coverage may be available as an endorsement or a separate policy, depending on your risk level.
- Guaranteed replacement cost: If your home is destroyed completely, this coverage option would mean you get the full cost to rebuild, regardless if that amount is over your dwelling coverage limit. Not all companies offer this, and not all homes will qualify.
Frequently Asked Questions
Methodology
We evaluated the companies based on their third-party agency ratings for customer experience, financial stability, and coverage options to determine which might be the best providers.
To compare home insurance companies across the board, we considered the following factors:
- Customer Ratings — Customer ratings are an indication of satisfaction with the overall experience with a company. We measured this using 2021 J.D. Power Home Insurance Study 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 ratings indicate a positive history of being able to pay out claims. We measured this using AM Best ratings.
- 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 National Association of Insurance Companies National Complaint Index.
Rates are based on 2021 quoted annual premiums from Bankrate.com. These are sample rates and should be used for comparative purposes only. Your quotes may be different.
The coverage limits for home insurance rates reflect the following coverage and limits:
- Coverage A, Dwelling: $250,000
- Coverage B, Other Structures: $25,000
- Coverage C, Personal Property: $125,000
- Coverage D, Loss of Use: $50,000
- Coverage E, Liability: $300,000
- Coverage F, Medical Payments: $1,000
The homeowners also have a $1,000 deductible and a separate wind and hail deductible (if required).
About the Authors
Cate Deventer is a writer and licensed insurance agent. She has a Bachelor’s degree in theatre and is currently pursuing a degree in English with a concentration in professional and technical writing from Indiana University East. Her work has been featured on Reviews.com and Bankrate.com, and she’s passionate about helping people take charge of their finances. In her free time, she likes to read thrillers and sci-fi novels, garden, and toss tennis balls for her dog.
