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Who has the Cheapest Homeowner Insurance Quotes in Utah

Cheapest Homeowner Insurance Quotes in Utah



Dubbed the "honeycomb state", Utah has a history closely linked to the Mormon church - even the nickname of the state comes from a word that appears in the Book of Mormon. It is estimated that 62% of the state belongs to The Church of Jesus Christ of Latter-day Saints - the only country in the US where this religion is the majority! We do a study on home insurance rates in this western state, to bring greater transparency about the cost of owning a home in Utah, and show homeowners how much their rate can vary based on where they will live.

The Cheapest Home Insurance Company in Utah

Analysts at ValuePenguin studied offerings from insurance companies that included Progressive, State Farm, Liberty Mutual, and Farmer for a 2,000 square foot sample property in Utah. To determine the most affordable homeowner's insurance company, our team found an average of every insurance company in 32 cities and cities in the state. For our sample policy, we found that Progressive offers the cheapest annual average insurance premium.

Best Home Owner Insurance Price in Utah: by City

The cheapest city in Utah for home insurance is all found along the same vertical line - which runs from central Utah, in Richfield, all the way north, all the way to Logan. The cost of insuring a 2,000-square-foot property in these cities costs an average of $ 710, which is approximately 10% better than the statewide average.

Richfield, UT

The cheapest homeowner insurance rate in Utah is found in Richfield. The average premium for our benchmark house is usually $ 650 per year - it's 18% lower than the country average. Richfield is home to about 7,500 residents. Although not a large population, this city is the most concentrated and concentrated area within 100 miles radius, making it a central point for most of the south-central Utah.

Bountiful, UT

Bountiful is both the second oldest city in Utah and second in terms of cheap home insurance rates. The city has a population of 42,750 and is located in Box Elder County. Bountiful is also the home of actor James Morrison, who has made a number of large screens and television appearances. Despite being one of the major cities in Utah, the Bountiful crime rate is quite low - below the average of Utah and the US. This may be a factor supporting the home insurance premium in this city. Our sample properties cited an average price of $ 691 per year, which is 12% cheaper than on Utah.

Logan, UT

The average cost of insuring our sample house in Logan city is $ 730 per year. This low price, in part, is the result of very low property crime rates in the city. Logan was named the safest city in the United States by Morgan Quitno, in 2005 and 2007. Low crime rates reduce the risk that insurance companies may have to pay money for claims (due to stolen property, arson, etc.). This risk reduction then means lowering the insurance rate to ensure the house for Logan residents.

Clearfield, UT

Clearfield is a city of 30,000 inhabitants in northern Utah, Davis County. Of the 32 cities in the study, Clearfield ended with the best 4th home insurance rate in Utah at approximately $ 736. The city is a business town of Nolan Bushnell, a world-renowned video game hobbyist as Atari founder, a major video game and computer company home.

Brigham City, UT

Rounding the list of places with the lowest home insurance rate in Utah is Brigham City. When we check rates at Brigham, the price quoted usually for a year of homeowner insurance for our sample property is $ 742 - 6% below the country average. The city of Brigham has a rich history, with many historical sites still scattered throughout the city, from Baron Woolen Mills to the tombs of the old city of Brigham.

Places with the Most Expensive Homeowner Insurance in Utah

The cost of insuring a home in one of the most expensive cities in Utah for homeowner insurance averages $ 833 a year - that's 12% more than we used to see in Utah. Unlike most other states, cities in Utah have little variation between each other. The reason why for these cities is more expensive than the average country varies from higher property crime rates to smaller things like labor costs - all factors that affect home insurance rates. While it's not always easy to understand why certain cities are more expensive than others, you can see by looking at our methodology section, where we explain how our study controlled several factors to create a high-level playing field for all cities.

Heber City, UT

Heber Town is home to 13,000 people and the most expensive home insurance rate in Utah. The average price to insure a benchmark property on Heber is $ 984 per year - 12% higher than most expensive cities next, and 25% higher than the average Utah! Fortunately, Heber enjoys one of the lowest unemployment rates in Utah, so homeowners are able to pay a steep home premium.

Roosevelt, UT

Roosevelt has the second highest insurance rate in Utah. When we collect home insurance rates for our home samples in this city, we find the average price of $ 872 per year, $ 83 above the typical Utah fare. One possible explanation behind this rate of increase is the rising crime rate in Roosevelt. To date, property crime has increased - currently above the average state of Utah. High crime rates mean that insurance companies are more likely to pay compensation to one of their clients - this increased risk tends to result in higher insurance rates.

Spanish Fork, UT

The Spanish Fork is a town in Utah County with a population of nearly 37,000 inhabitants - making it one of the state's major cities. House insurance premiums in the Spanish Fork are among the highest in Utah - an average of $ 868 for our model house, annually. The city celebrates a large number of different cultures and communities throughout the year at a number of different events. One of the most popular is the Color Festival, which is run by the local Sri Radha Krishna Temple. This event attracts thousands of visitors from all over the state each year.

Draper, UT

Located just 20 miles south of Salt Lake City in Draper, the 4th city on the list of most expensive cities for homeowners insurance in Utah. The average home insurance premium quoted in this city is $ 857. Draper is the 1-800 headquarters of Contacts, which serves as the 3rd largest company in the city, following eBay, and Utah State Penitentiary. Above the state prison, Draper also houses Utah's Utah Department headquarters.

Kanab, UT

Kanab, or "Little Hollywood" as locals know, is the fifth most expensive place in Utah for home insurance - our property averages $ 836 annually in four major insurance companies. The city earned its nickname thanks to the many western and TV shows that were filmed here. Kanab has been the location for filming such as The Lone Ranger, El Dorado, and the original Planet of the Apes movie.

Methodology

The study looks at quotes from 4 different insurance companies (Progressive, Liberty Mutual, State Farms, and Farmers) for the same benchmark house. The researched property is a 2,000 square foot, 2 storey, one family home, built in 2000. The analysis looks at 32 cities throughout Utah, with prices quoted for properties located in downtown cities respectively. The 41-year-old model house owner, single, male, who does not smoke or owns a pet.

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