- What is the average cost of renters insurance in Utah?
- Best renters insurance company in Utah: Auto-Owners
- Cheapest renters insurance in Utah
- Utah renters insurance: The least and most expensive ZIP codes
- Renters insurance cost in Utah by city
- How to save on renters insurance in Utah
- Methodology
- FAQ: Utah renters insurance
- Compare Utah renters insurance rates with other states
What is the average cost of renters insurance in Utah?
The average cost of renters insurance in Utah is $228 per year. Rates vary depending on factors like your location, the amount of coverage you choose, your deductible, and your claims history.
"The number one thing that's most important is to get good liability. A renter's policy will default to $100,000 liability," Josiah Hatch, an insurance pro with Bender Hatch Insurance in Boston, said. "It costs next to nothing to go from $100,000 to $500,000. I want to say it's probably 10 bucks a year. It's really cheap to get a lot of extra coverage. I always recommend getting the most liability you can because that's, at its core, what insurance is all about: the worst-case scenario."
| Average annual premium | $228 |
| Average monthly premium | $19 |
Best renters insurance company in Utah: Auto-Owners
Among the carriers surveyed, Auto-Owners is the best renters insurance company in Utah, with a top score and an average renters insurance rate of $183.
State Farm and American Family are the other best insurance companies for renters insurance in Utah.
Rates differ widely between renters insurance providers, so it's best to shop around. It's also important to choose an insurance company with a good reputation so you know it will be there for you when you need it.
To help you choose the best renters insurance in Utah, we reviewed average rates, NAIC complaints, and AM Best financial ratings. The total Insurance.com score is calculated out of five using these factors.
Below are the best renters insurance companies in Utah.
| Company | Average annual premium | AM Best | NAIC | Insurance.com rating |
|---|---|---|---|---|
| Auto-Owners | $183 | A+ | 0.39 | 4.74 |
| State Farm | $148 | A+ | 1.15 | 4.73 |
| American Family | $237 | A | 1.07 | 4.55 |
| Nationwide | $218 | A | 1.34 | 4.55 |
| Farmers | $276 | A | 0.89 | 4.52 |
| USAA | $228 | A++ | 0.46 | 4.79 |
Cheapest renters insurance in Utah
State Farm is the cheapest renters insurance company in Utah, with an average annual premium of $148, based on our analysis.
Since renters insurance rates vary significantly from one provider to another, comparing quotes is the best way to find affordable coverage that fits your needs.
Below is the list of the cheapest renters insurance companies in Utah and their average annual premiums.
| Company name | Average annual premium |
|---|---|
| State Farm | $148 |
| Allstate | $171 |
| Auto-Owners | $183 |
| Iowa Farm Bureau | $216 |
| Nationwide | $218 |
| American Family | $237 |
| Farmers | $276 |
| Mutual of Enumclaw | $374 |
| USAA | $228 |
Utah renters insurance: The least and most expensive ZIP codes
Where you live in Utah directly affects the cost of your renters insurance. The most expensive ZIP code in Utah is 84005, where the average annual premium is $267. This is $39 more than higher than the average rate.
On the other hand, 84523 is the least expensive ZIP code for renters insurance with an average annual premium of $215 a year.
| City | ZIP code | Average annual rate |
|---|---|---|
| Eagle Mountain | 84005 | $267 |
| Cedar Valley | 84013 | $264 |
| Copperton | 84006 | $262 |
| Eureka | 84628 | $262 |
| Saratoga Springs | 84045 | $261 |
| Vernon | 84080 | $259 |
| Gunlock | 84733 | $258 |
| Newcastle | 84756 | $258 |
| Croydon | 84018 | $257 |
| Park Valley | 84329 | $257 |
| City | ZIP code | Average annual rate |
|---|---|---|
| Ferron | 84523 | $215 |
| Garland | 84312 | $215 |
| Riverside | 84311 | $215 |
| Aneth | 84510 | $216 |
| Bear River City | 84301 | $216 |
| Blanding | 84511 | $216 |
| Bluff | 84512 | $216 |
| Castle Dale | 84513 | $216 |
| Centerfield | 84622 | $216 |
| Clawson | 84516 | $216 |
Renters insurance cost in Utah by city
Renters insurance rates vary widely across cities in Utah, driven by factors such as weather risks, crime rates, and other factors. To find the best deal in your city, you should consider these factors and compare quotes from multiple insurers before choosing a policy.
City Annual insurance premium
How to save on renters insurance in Utah
There are several easy ways to lower the cost of renters insurance in Utah without losing necessary coverage:
- Bundle your policies. Many insurance companies offer a discount if you buy renters and auto insurance together.
- Increase your deductible. Choosing a higher deductible will lower your monthly or yearly premium; just ensure you can afford it.
- Ask about discounts. Most providers offer savings for things like smoke alarms, security systems, or being claims-free.
- Compare quotes. Prices can vary widely between companies, so getting quotes from multiple insurers can help you find the best deal.
- Pay annually. Some insurers offer a small discount if you pay once a year instead of monthly.
Methodology
Insurance.com compared renters insurance rates provided by Quadrant Information Services for $40,000 personal property coverage with a $1,000 deductible and $100,000 liability coverage for all available ZIP codes based on a renter with good credit. To rank the best insurance companies, we gathered AM Best financial stability ratings, where an A++ is the best possible score, and National Association of Insurance Commissioners (NAIC) complaint ratios, which compare the number of complaints a company receives to the anticipated complaint volume based on market share. These factors were used along with rates to find the best companies overall.
FAQ: Utah renters insurance
Do I need renters insurance in Utah?
Renters insurance isn't required by law, but your landlord may require you to purchase a policy as part of your lease agreement.
How much renters insurance do I need in Utah?
You should make sure your personal property coverage is sufficient to replace all of your belongings at replacement cost; there is no minimum requirement.
