Cheapest Car Insurance for Low-Income Drivers in Utah (October 2024)

For individual drivers with low income and poor credit history, Nationwide offers the cheapest car insurance at $55 per month. The most affordable provider for families with low income is also Nationwide, at $66 per month.

Utah does not provide state-backed car insurance programs for low-income families and individuals. Finding the provider with the most affordable rate is one of the options to manage the cost, and there are also ways to get discounts to help alleviate the cost of car insurance.

While minimum coverage will help you drive legally, there are downsides. For example, in an at-fault accident, minimum coverage may not cover all damages, leaving you financially vulnerable.

Like most other states, car insurance companies in Utah don't offer income-based assistance programs. Income isn't a factor when calculating your car insurance rates in Utah, but other factors — including your age and credit history — are important.

The best way to find the cheapest rates is to compare quotes from several insurance companies. A minimum coverage policy is often the most inexpensive way to stay legal on the road, but it can leave you vulnerable to a substantial loss from an at-fault accident. If you rarely drive, look into pay-per-mile insurance, which could be a great way to save.

To legally operate a vehicle in the Beehive State, you're required to carry car insurance that meets the state's minimum car insurance requirements. This includes the following coverage amounts:

• $25,000 for bodily injury liability per person.
• $65,000 for bodily injury liability per accident.
• $15,000 for property damage liability per accident.
• $3,000 personal injury protection (PIP) per person.

Utah does not mandate uninsured/underinsured motorist coverage or medical payments and death liability coverage.

If you're on a tight budget, you might consider a liability-only car insurance policy. This affordable option covers expenses for the other driver if you're at fault in an accident but does not cover damages to your own car. To protect your vehicle, you'll need a full coverage car insurance policy, which includes collision and comprehensive coverages. These coverages safeguard your car from non-collision-related incidents, such as theft or weather damage.

In scenarios like frequent driving in areas with high wildlife activity, where the risk of animal collisions is greater, opting for full coverage in Utah can offer peace of mind. Understanding the risks and benefits of each coverage type is crucial to selecting the right policy for your needs.

Your credit record can affect your car insurance rates in Utah. A lower credit-based insurance score may signal to insurers that you're a higher risk, which can lead to more expensive premiums.

Utah drivers with poor credit records can find affordable rates with:

• Nationwide: $664 per year; $55 per month
• Farmers Union Insurance: $730 per year; $61 per month

The cheapest car insurance in Utah for low-income drivers with a good credit history are:

• Farmers Union Insurance: $396 per year; $33 per month
• Nationwide: $433 per year; $36 per month

Driving without insurance in Utah is considered a misdemeanor and can lead to suspension of your driver's license and vehicle registration, fines ranging from $175 to $1,000 and other penalties. Make sure you're covered to drive legally and safely.

Car insurance premiums hinge on various factors, but not directly on income. In Utah, a single parent's annual rate can differ by up to $1,021 compared to a married couple with a teen, where the latter enjoys a more affordable rate by as much as $1,021 per year.

The most affordable car insurance companies for a married couple with a teen in Utah are:

• Nationwide: $789 per year; $66 per month
• Progressive: $979 per year; $82 per month

For a single parent with a teen, the cheapest options are:

• Auto-Owners: $1,810 per year; $151 per month
• State Farm: $2,024 per year; $169 per month

Family type plays a role in car insurance costs, with married couples often seeing lower premiums than single parents. A solid credit score is also key to securing more affordable minimum coverage auto insurance rates.

Car insurance premiums generally decrease as you reach the early senior years (typically around age 55 to 65), especially if you have a clean driving record.

The two cheapest car insurance for senior drivers with low income and poor credit history are:

• Nationwide: $634 per year; $53 per month
• Farmers Union Insurance: $675 per year; $56 per month

After the age of 70, car insurance rates typically increase, as older drivers are statistically considered higher risk. This trend continues each year, meaning premiums generally rise as seniors age. In Utah, there are specific guidelines for seniors getting car insurance.

Your income doesn't directly affect car insurance rates in Utah. However, if a low income leads to a poor credit record, you might face higher rates. On the other hand, a good credit record can help you get lower rates. Understanding the factors that contribute to car insurance rates can help you make informed decisions in choosing the best car insurance for you.

There are several ways to find affordable car insurance in Utah. Whether you qualify for state-sponsored programs or not, you can still explore various strategies to save on your premiums. Residents of Utah have options to make car insurance more budget-friendly.

Here are some tips to lower your car insurance premiums:

Finding affordable car insurance in Utah can be tough for drivers with low incomes. Here are answers to some of your most common questions on how to save.