Who Has the Cheapest Homeowners Insurance Quotes in Utah?

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This article has been reviewed and deemed factual by our content auditor with 8 years of banking experience.

Article Approved By Banking Expert

This article has been reviewed and deemed factual by our content auditor with 8 years of banking experience.

A state that knows the importance of a strong home, Utah is a large state with many opportunities. And as such, there are many homeowners with roots in the state that should be protected. And we strongly believe that the best way to do that is for you to get a homeowners insurance policy, which will reimburse you should anything happen to your home so you can make repairs or replace lost possessions.

Here are the four cheapest homeowners insurance providers operating in Utah:

The Four Cheapest Quotes:

Not every home in Utah will have the same risks attached to it. Because of this, companies will evaluate homes differently and determine different rates. The below numbers are averages, so you should expect some deviations from the generally accurate trends listed here.

The number listed next to each provider is the average annual rate for a standard policy.

1) State Farm: $838

The cheapest option in Utah, as in many other states across the country, State Farm is a major insurance provider (of all kinds) and a household name, providing millions of affordable policies to families. With them, you will get a homeowners plan that handles all the normal problems and provides you with an adequate level of coverage.

And you won’t get too much more. State Farm succeeds in part through its standardization, and while there are some ways you can customize your coverage, they aren’t that many after you see the pages of options offered by companies such as Nationwide and Farmers. You also won’t get much of a lower rate from what you first get quoted, but it’s about as cheap as it gets to begin with.

You can expect the following working with State Farm:

  • An easy to use and accurate quoting tool that you can use to quickly check to see if they are, in fact, the cheapest.
  • Agents all over the state so you can get a policy no matter where you live without too much travel or hassle.
  • The stability and organization that only a company the size of State Farm can hope to achieve.

2) Nationwide: $858 

With a very different appeal to customers than State Farm, Nationwide is still very affordable but provides many more options to its customers than its simpler competitors. They are a reliable provider, and you will never have to worry about their stability, whether organizational or financial. We recommend that you first see what they have to offer and then make an informed decision from there, because at this cost they are worth every homeowners’ consideration.

Yet not everything about Nationwide is perfect and affordable. Some aspects of claims processing and customer service could stand to improve, but the main point to bring up is that the optional coverages that might attract you to Nationwide in the first place can increase your annual rate to unacceptable levels. Those coverages will be cheaper elsewhere, so know that it’s a balancing act and be ok with shopping around.

You can expect the following working with Nationwide:

  • Plenty of different discounts available, such as those for installing a protective device, remaining claim-free, making a recent home purchase, bundling different policies, and more.
  • A free optional and annual review to make sure you are getting the policy your home needs and the one you want.
  • Excellent levels of replacement coverage should anything happen to your home.

3) Allstate: $904

Another insurance company with roots all over the country, Allstate provides generally good plans for homeowners in Utah for an affordable price, but more notably they might have coverage options and perks you might not be able to find so easily with other providers. If your home has some specific needs, then you owe it to yourself to check them out. Additionally, they are likely the best choice if you have an older home.

Yet for the unique benefits of Allstate, there are some issues on the customer service side of things. If you do work with them, it might just be best to stick to the automated services as much as possible. Pushy agents can make the process much worse, and a fast response time is important for every homeowner.

You can expect the following working with Allstate:

  • Excellent online and mobile apps to make insurance and billing-related tasks much easier.
  • Plenty of different discounts, including ones for installing safety measures, others for remaining claim-free, and others still for signing up with them at certain times.
  • Optional coverages including water backup, garden and landscaping, identity theft restoration, business property, scheduled personal property coverage, and umbrella coverage.

4) Farmers: $1,033

The more premium option for Utah homeowners (but nonetheless affordable), Farmers stands out and makes itself worth the extra cost by providing excellent customer service to homeowners while also maintaining plenty of options to choose from, ensuring you are never pushed into a policy that you aren’t going to make the most of. And while they are more expensive on average, they are still the best choice for new homeowners and those who want an easy experience.

Yet while starting up might be easy, some customers have noted not being terribly happy with the experience and coverage down the line. With this in mind, be careful to read everything in your policy and ask questions of your agent, even if they’re not the most comfortable inquiries.

You can expect the following working with Farmers:

  • Three different base packages to choose from, all of which are customizable.
  • Declining deductibles and claim forgiveness for people who make few to no claims.
  • Coverage for landscaping and things trees and shrubbery.

Conclusion

Utah homes are special and deserve the care that you put into them. That means proper care, but it also means having a plan to rebuild and repair after a storm, fire, or other problem. Homeowners insurance is your clear path to such a plan, and in Utah, it’s entirely affordable and easy to get. We hope the above information helps you make the right choice and would like to remind you that only you and your family can and should make the right call as to the perfect fit. With a bit of effort, you’ll soon be resting easier!