Renters insurance is a must-have for renters in Utah. It will cover your belongings in the event that they suffer damage from windstorm, fire, thefts or vandalism or any other natural disasters. The average cost of renters insurance in Utah is $267 a year.
Insurance experts at Insure.com have analyzed price quotes from all the major renters insurance companies in Utah to help you find affordable renters insurance policy. Read this guide to find out which carrier offers cheap rates, better coverage options and excellent customer service. Below is the list of cheapest renters insurance companies in Utah:
- Travelers
- Allstate
- State Farm
- Fire Ins Exch
- Farmers
Cheapest renters insurance companies in Utah
Based on Insure.com’s analysis, Utah’s most affordable insurance company is Travelers. Its average annual rate is $164 or $14 per month. Allstate is the second cheapest renters insurance provider among the carriers surveyed. It offers insurance at about $183 year on average.
| Company | Average annual rate | Average monthly rate |
|---|---|---|
| Travelers | $164 | $14 |
| Allstate | $183 | $15 |
| State Farm | $185 | $15 |
| Fire Ins Exch | $208 | $17 |
| Farmers | $209 | $17 |
| American Family | $225 | $19 |
| Nationwide | $250 | $21 |
| USAA | $288 | $24 |
| Auto Owners | $1,384 | $115 |
Average cost of renters insurance in Utah by coverage level
The average cost of renters insurance in Utah is $267 per year or $22 per month.
The cost of insurance varies depending on the insurance company and the coverage limits you choose. Below are the average annual renters insurance rates for different personal property coverage. These rates are for the deductible amount of $1000 and $300,000 as liability protection.
| Coverage level | Avg. annual renters insurance rate | Avg. monthly renters insurance rate |
|---|---|---|
| $20,000 | $267 | $22 |
| $40,000 | $351 | $29 |
| $60,000 | $435 | $36 |
Most affordable ZIP codes for renters insurance in Utah
Renters insurance rates vary depending on the zip code. The most affordable zip code for renters insurance in Utah is 84038 at about $313 a year on average.
Based on Insure.com’s study, we have put together a list of the most affordable zip codes for renters insurance for Utah renters.
| ZIP code | Average annual rate | Average monthly rate |
|---|---|---|
| 84038 | $313 | $26 |
| 84086 | $314 | $26 |
| 84710 | $315 | $26 |
| 84313 | $316 | $26 |
| 84636 | $317 | $26 |
| 84023 | $318 | $26 |
| 84516 | $319 | $27 |
| 84028 | $320 | $27 |
| 84064 | $321 | $27 |
| 84035 | $322 | $27 |
Least affordable ZIP codes for renters insurance in Utah
The cost of renters insurance varies considerably across the United States, depending on your location. The weather patterns and crime rates in your area impact how much you pay for insurance. The least affordable zip code for renters insurance in Utah is 84116, at an average of $360 a year.
Find below the least affordable zip codes and their average annual rates for Utah renters.
| ZIP code | Average annual rate | Average monthly rate |
|---|---|---|
| 84116 | $360 | $30 |
| 84102 | $359 | $30 |
| 84119 | $358 | $30 |
| 84111 | $353 | $29 |
| 84101 | $352 | $29 |
| 84103 | $351 | $29 |
| 84104 | $350 | $29 |
| 84017 | $349 | $29 |
| 84060 | $348 | $29 |
| 84055 | $347 | $29 |
Renters and auto bundle discounts in Utah
One of the easiest ways to save money on car insurance is by purchasing both your auto and renters policies from the same company. A renters and auto bundle can save you an average of $90 a year or 5% annually, based on a rate analysis by Insure.com. Renters insurance costs vary depending on your personal situation. Make sure you compare policy quotes before choosing one.
| Company | Average annual rate | Average base annual rate (without bundling) | $ bundle average savings | % bundle average savings |
|---|---|---|---|---|
| Nationwide Agribusiness | $1,349 | $1,405 | $56 | 4% |
| Geico | $1,429 | $1,468 | $39 | 3% |
| Farm Bureau | $1,440 | $1,513 | $73 | 5% |
| State Farm | $1,440 | $1,511 | $71 | 5% |
| Progressive | $1,599 | $1,681 | $82 | 5% |
| Auto Owners | $1,635 | $1,721 | $86 | 5% |
| American Family | $1,775 | $1,880 | $104 | 6% |
| Allstate | $1,993 | $2,140 | $147 | 7% |
| Mid Century | $2,031 | $2,182 | $152 | 7% |
