Car insurance is not just smart for Utah drivers, it is also a legal requirement. According to Bankrate’s 2021 analysis of annual premiums, the average cost of Utah car insurance is $1,306 per annum for full coverage. It is crucial to understand how to find Utah’s best car insurance for your budget and needs.
The Bankrate insurance editorial team has done extensive research to help you choose the best Utah auto insurance. This knowledge will help you make an informed decision about the company and coverages that you want for your Utah car insurance policy.
Utah’s best car insurance companies
Utah drivers need to review many aspects of a company when shopping for car insurance. Bankrate did a thorough review of Utah’s largest car insurance companies by market share to make it easier for you to research. Quadrant Information Services provided us with current premium information. After analysing average rates, we compared each company’s coverages and discounts. We also compared policy features and third party rankings.
This information was combined and each company received a Bankrate Score. These Scores range from 0.0 to 5. The score of a company is closer to 5.0 if it scored higher in each category.
These companies may be able to help you narrow down your search for Utah’s best car insurance.
USAA
USAA is the best choice for Utah customers looking for excellent customer service and the lowest premium. USAA does not sell its products to everyone. You can also get optional coverages such as rental car reimbursement, car replacement assistance, and accident forgiveness if you are eligible. USAA offers discounts for military personnel, such as savings on garaging your car at a military base and storage while you are away.
Geico
Geico is a good choice for drivers looking for affordable auto insurance in Utah. Geico offers generous discounts that include customer loyalty, car safety equipment and driving records. This is likely to explain the low average premium. Geico is a great choice if you prefer to manage your car insurance online. The 2021 J.D. awarded Geico the top spot. The service category was covered by the Power U.S. Insurance Digital Experience Study.
State Farm
State Farm is well-known and has local agents in Utah. This could be a good choice if you’re looking for personal insurance. There are many optional coverages offered by the company, including ridesharing, travel expenses, and emergency road service coverage. You can also learn safer driving habits by enrolling in Drive Safe & Save (for adults) and Steer Clear (for teens).
Progressive
Progressive offers a lower-than-state-average premium on full coverage for Utah drivers. There are also several discounts that can help you save even more. Even if your home is not insured with Progressive, you might be able to save money by getting a quote, buying your policy online and continuing insurance. The Snapshot program from the company, which monitors your driving habits using a mobile app and plug-in device, could save you even further if you’re a safe driver.
Allstate
Although Allstate’s full coverage premium average is slightly higher than Utah’s, it could still be an option for those who are looking for highly customizable policies. Allstate is known for its extensive list of add-ons that are beneficial to Utah drivers. The company’s Milewise program, accident forgiveness, safe driving bonus and rideshare insurance are just a few of the featured add-ons. You can also take advantage of discounts to lower your premium.
Utah’s average cost for car insurance
For full coverage, the average cost for car insurance in Utah was $1,306 per year. This is quite a lot lower than the $1,674 national average cost for car insurance per year.
Comparatively, Maine is the least costly state at $965 per annum for a full-coverage policy. Louisiana, however, is the most expensive at $2724 per annum.
However, this does not mean Utah drivers can’t get a lower car insurance premium. You might be able to find the lowest rates on your policy by getting quotes from the most affordable car insurance companies.
Utah’s minimum insurance requirements
Utah drivers must have at least certain minimum levels of car insurance to be able to drive legally. Utah’s minimum insurance limits are:
- Bodily Injury Liability: $25,000 per Person and $65,000 per Accident
- Property damage liability: $15,000 per accident
- Personal Injury Protection (PIP): $3,000 Per Accident
Your insurance company must offer coverage for uninsured or underinsured motorists. However, it is not mandatory to do so. You can also decline the coverage by writing.
Although minimum insurance requirements in Utah are the only legal requirement to drive, it’s worth looking into higher liability limits to increase your financial protection. You are responsible for any excess costs incurred by you if you cause an accident that results in more damage than your insurance covers. Insurance experts recommend that you purchase higher liability limits if possible.
Minimal coverage does not cover damage to your car. Comprehensive and collision coverages provide this coverage. This is known as “full coverage”. If you have a loan, lease or other financial obligation, you will most likely need full coverage.
How to find the best Utah car insurance
It’s not about getting the lowest price for Utah car insurance. You should also consider other factors to ensure that your policy is tailored to your specific needs. You might consider these things when looking for car insurance:
- Assess your needs. Every person has different needs when it comes to car coverage. Do you have a tight budget? Or do you need the best coverage? Are you a parent of a teenager who is about to take the wheel? Do you want to add specific coverages like accident forgiveness? Understanding your needs is the first step in deciding which carriers to quote you.
- Take into account state factors. Each state has its own requirements for minimum coverage. Utah, for example, is the most vulnerable state in the country to wildfire damage. Comprehensive coverage covers your vehicle against damage due to weather events.
A local agent is a great resource for understanding the specific requirements of your area when it comes to car insurance.
Utah offers car insurance discounts
Many car insurance companies offer discounts that will help you reduce your premium. These are some of the most common savings opportunities for Utah residents:
- Multi-policy discount: Many companies offer multi-policy discounts for both auto and property insurance. You might be able to save money if you purchase your auto, home, condo, or renters insurance through the same company.
- Students can get discounts: If they meet certain criteria, full-time students younger than 25 may be eligible for discounts. Young drivers can often get discounts for students, remote student discounts, and driver training discounts.
- Vehicle safety discounts: You could save money on car insurance if you have certain safety features, such as side curtain airbags or antilock brakes. These discounts are usually applied automatically but it is possible to request them to be verified.
- Telematics discounts: Many companies offer programs that track your driving habits via a smartphone app or plug-in device. Based on the data collected, safe drivers may be eligible for a discount.
You can find the lowest car insurance prices in Utah by checking out which discount programs and options are available.
Questions frequently asked
What are the requirements to obtain Utah car insurance?
You will need to know your address, date, birth, driver’s licence number, vehicle identification number (VIN), and a rough idea of the coverages that you are looking for. An agent can help you make a decision. Your Social Security number may be required. After you receive a quote, you will need to pay at least one monthly and fill out an application.
What’s the basis of a car insurance premium?
The factors that affect your auto insurance premium include vehicle type, age and garaging location, annual mileage driven, driver’s record, driver’s age, gender, credit history, marital status, car use, longevity with the company, time without an incident, and any additional coverages you have selected. These factors are weighed differently by each company, so it is worth getting quotes from multiple companies.
What other coverages can be added to car insurance policies?
Each company offers different endorsements. However, the most common optional coverages include roadside assistance and rental reimbursement.
What happens if I don’t have insurance in Utah?
Utah law requires that you have car insurance. Driving without coverage in Utah is an offense. You could be fined and your license may be suspended if you are caught. You are responsible for any damage caused by an accident that you do not have insurance for. This can cause financial stress and significant financial problems.
