Best Homeowners Insurance in Utah (2024)
- Farm Bureau charges the cheapest rates, at an average of $102 a month.
- American Family has the best home insurance coverage options.
- Farmers offers the best home insurance discounts.
Cheapest home insurance in Utah
Farm Bureau has the cheapest homeowners insurance in Utah, charging an average rate of $1,230 a year, according to our research.
State Farm is close behind, though, with an average rate just $18 a year more than Farm Bureau.
If you’re trying to choose between these two companies, Farm Bureau has a complaint rating from the National Association of Insurance Commissioners (NAIC) that’s better than average, while State Farm has a customer satisfaction score from J.D. Power that’s better than average.
| Company | Annual rate | Monthly rate |
|---|---|---|
| Farm Bureau | $1,230 | $102 |
| State Farm | $1,248 | $104 |
| American Family | $1,317 | $110 |
| Allstate | $1,339 | $112 |
| Nationwide | $1,461 | $122 |
| Travelers | $1,576 | $131 |
| USAA | $1,633 | $136 |
| Farmers | $2,255 | $188 |
American Family, Allstate and Nationwide also offer affordable home insurance rates to Utah homeowners. All three companies offer cheaper rates than the state average of $1,507 a year.
To find the best and cheapest home insurance rate for your needs, compare home insurance quotes from several companies while you shop around for coverage.
Best home insurance companies in Utah
Farm Bureau, Farmers and American Family are Utah’s best homeowners insurance companies, based on our research.
| Company | Best for | Average annual rate | Customer satisfaction* | Complaint index** |
|---|---|---|---|---|
| Farm Bureau | Cheap rates | $1,230 | Not rated | 0.56 |
| Farmers | Discounts | $2,255 | 800 | 0.85 |
| American Family | Coverage options | $1,317 | 813 | 0.61 |
Best cheap home insurance rates in Utah: Farm Bureau
Farm Bureau offers the cheapest home insurance rates in Utah, at an average of $1,230 a year, or $102 a month.
This is 18% cheaper than the state average rate of $1,507 a year, or $126 a month.
There’s more to Farm Bureau than low rates, though. It also has the second-best NAIC complaint rating of the home insurance companies we surveyed in Utah. Farm Bureau’s rating of 0.56 means it gets about half as many customer complaints as expected for a company of its size.
| Pros | Cons |
|---|---|
Lowest average home insurance rate in Utah Complaint rating is better than average | Doesn’t offer as many coverage options or discounts as some companies No J.D. Power customer satisfaction rating |
Best home insurance discounts: Farmers
Although Farmers charges the highest average rate of the home insurance companies we surveyed in Utah, it also offers the best selection of discounts. Qualifying for several of these discounts could make Farmers the cheapest company for you.
You may earn a discount from Farmers if you:
- Bundle your home and auto insurance with Farmers
- Own a home that’s less than 14 years old
- Have certain protective devices or safety features installed in your home
- Don’t file any claims for three consecutive years
- Pay your bill on time
| Pros | Cons |
|---|---|
Best selection of discounts among companies surveyed Complaint rating is better than average | High average home insurance rate Customer satisfaction rating is below average Doesn’t offer as many coverage options as some companies |
Best home insurance coverage options: American Family
American Family offers the most add-on coverages of the homeowners insurance companies we surveyed in Utah.
Some of the optional coverages you can add to an American Family home insurance policy:
- Equipment breakdown
- Hidden water damage
- Matching undamaged siding
- Sewer backup, septic backup and sump overflow
- Senior living protection
- Identity protection
- Credit monitoring
Along with its many coverage options, American Family offers some of the cheapest home insurance rates in Utah. Its average rate of $1,317 a year is only $87 a year more than Farm Bureau’s average rate.
| Pros | Cons |
|---|---|
Offers more coverage options than any company we surveyed Low average home insurance rate Complaint rating is better than average | Customer satisfaction rating is slightly worse than average |
How much is homeowners insurance in Utah?
Home insurance costs $1,507 a year, or $126 a month, in Utah, on average.
What you pay for home insurance in Utah or elsewhere depends on several factors, one of which is the dwelling coverage limit you choose for your policy.
Home insurance cost by dwelling coverage limit
| Dwelling limit | Annual rate | Monthly rate |
|---|---|---|
| $350,000 | $1,350 | $112 |
| $400,000 | $1,507 | $126 |
| $450,000 | $1,655 | $138 |
The dwelling coverage portion of your home insurance policy pays to repair or rebuild the structure of your home if a fire, hail or other peril damages or destroys it.
Some of the other rate factors that affect your home insurance cost:
- Age of your home
- Amount of coverage you buy
- Your deductible
- Your credit, insurance and claims history
- Where you live in the state
Utah homeowners insurance rates by city
Homeowners in Taylorsville pay the cheapest home insurance rates among Utah’s largest cities, at an average of $1,418 a year.
Eagle Mountain homeowners pay the highest average home insurance rates among the state’s biggest cities, $1,711 a year.
| City | Annual rate |
|---|---|
| Eagle Mountain | $1,711 |
| Herriman | $1,502 |
| Layton | $1,483 |
| Lehi | $1,475 |
| Millcreek | $1,504 |
| Ogden | $1,535 |
| Orem | $1,514 |
| Provo | $1,529 |
| Salt Lake City | $1,505 |
| Sandy | $1,485 |
| South Jordan | $1,441 |
| St. George | $1,459 |
| Taylorsville | $1,418 |
| West Jordan | $1,434 |
| West Valley City | $1,450 |
In Salt Lake City, the average cost of home insurance is $1,505 a year. West Valley City’s average is $1,450 a year.
Frequently asked questions
Farm Bureau and State Farm have the best home insurance rates in Utah. Farm Bureau’s average rate is $1,230 a year, or $102 a month. State Farm’s average rate is $1,248 a year, or $104 a month.
American Family and Allstate also offer affordable rates to Utah homeowners. American Family’s average monthly rate is $110 a month, while Allstate’s is $112 a month.
The average cost of homeowners insurance in Utah is $1,507 a year, or $126 a month.