Farmers is the cheapest home insurance company in Utah at $826 per year. State Farm ranks second at $1,123 annually and covers all Utah residents. These five most affordable insurers save homeowners between $105 and $628 compared to the state average.
Cheapest Home Insurance Companies in Utah (2026 Rates)
Updated: January 13, 2026
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Key Takeaways: Find Cheap Utah Coverage
Farmers offers the cheapest homeowners insurance in Utah, with average rates of $826 per year.
Farmers, State Farm, USAA, American Family and Nationwide offer rates 7% to 43% below Utah's $1454 average.
Bundle your home and auto insurance policies to save 10% to 25% on premiums — one of the biggest discounts Utah insurers offer.
Who Are the Cheapest Home Insurance Companies in Utah?
| Farmers | $69 | $826 | -43% |
| State Farm | $94 | $1,123 | -23% |
| USAA | $103 | $1,238 | -15% |
| American Family | $104 | $1,243 | -14% |
| Nationwide | $112 | $1,349 | -7% |
*The rates above are for homeowners ages 41 to 60 with good credit and no claims history. Quotes are for a home built in 2000 insured for $250,000 in dwelling coverage, $125,000 in personal property coverage and $200,000 in liability coverage with a $1,000 deductible.
Cheapest Utah Home Insurance Rates by Category
According to our cost research, Farmers offers Utah's lowest home insurance rates across all categories. Whether you own an older home, qualify as a senior or live in a high-risk fire zone, Farmers consistently delivers the best pricing.
| Older Homes | Farmers | $833 |
| Newer Homes | Farmers | $675 |
| Young Homeowners | Farmers | $840 |
| Senior Homeowners | Farmers | $784 |
| High-Risk Fire Homes | Farmers | $925 |
| Smaller Homes | Farmers | $811 |
| Larger Homes | Farmers | $837 |
COMPARE COVERAGE OPTIONS AND SERVICE QUALITY
The cheapest company may not be your best fit. Customer service quality, coverage options and claims handling matter beyond price. Our guide to the best home insurance companies in Utah compares insurers across these factors.
Cheapest Homeowners Insurance by Utah City
Risk factors differ by location, so insurers price policies differently across Utah. Farmers offers the cheapest home insurance rates in cities like Bountiful and Mexican Hat.
| Bountiful | Farmers | $818 |
| Mexican Hat | Farmers | $728 |
| Provo | Farmers | $812 |
| Salt Lake City | Farmers | $893 |
| Veyo | Farmers | $803 |
| West Jordan | Farmers | $826 |
| West Valley City | Farmers | $779 |
Most Affordable Utah Home Insurance by Coverage Level
Your coverage needs determine which insurer offers the best rate. Farmers provides the most affordable premiums for basic coverage at $489 annually for $100,000 dwelling, $50,000 personal property and $100,000 liability protection. State Farm delivers better pricing for high-value homes and $1 million dwelling, $500,000 personal property and $1 million liability level.
Data filtered by:
$100K Dwelling / $50K Personal Property / $100K Liability
| Farmers | $41 | $489 |
| State Farm | $57 | $689 |
| USAA | $61 | $730 |
| American Family | $66 | $794 |
| Nationwide | $69 | $827 |
How to Save on Utah Home Insurance
Utah homeowners can cut their insurance costs by hundreds of dollars annually through discounts, higher deductibles and smart home improvements.
Bundle Home and Auto Policies
Combine your home and auto insurance with the same company to save 10% to 25% on both policies. State Farm, Allstate and Progressive offer bundle discounts to Utah homeowners.
Increase Your Deductible
Raise your deductible to lower your annual premium, though you'll pay more out of pocket when filing a claim. Choose a deductible amount you can afford if you need to file a claim.
Improve Your Credit Score
Utah allows insurers to use credit-based insurance scores when setting rates. Improving your credit score can save you hundreds of dollars annually on your home insurance premium.
Maintain a Claims-Free History
Filing multiple claims within three years triggers rate increases. Use homeowners insurance for major losses rather than small repairs you can afford.
Ask About Available Discounts
Contact your insurer to find all discounts you qualify for beyond bundling. Review your policy annually to add new discounts as your situation changes.
Affordable Utah Home Insurance: FAQ
Frequently asked questions about the cheapest home insurance in Utah:
Does home insurance in Utah cover tornado damage?
Standard homeowners insurance in Utah covers tornado damage to your home and belongings. While Utah has lower tornado risk than many states, coverage protects you if one occurs. Certain damage like flooding or issues from poor maintenance may not be covered.
Is flood insurance required in Utah?
Flood insurance isn't required across Utah, but your mortgage lender will require it if you're in a FEMA high-risk flood zone. Even if not required, it's worth considering since regular homeowners insurance doesn't cover flood damage. This leaves you vulnerable to financial losses in the event of flooding.
What's the difference between replacement cost and actual cash value coverage?
Replacement cost coverage pays the full amount to rebuild or replace your home at today's prices, without subtracting for age or wear. Actual cash value coverage deducts depreciation, resulting in a lower payout based on your home's current condition. Utah lenders require replacement cost coverage for mortgages.
Can I cancel my Utah home insurance anytime?
You can cancel your Utah home insurance policy anytime without waiting periods. However, you may face cancellation fees; however, you'll receive a refund for any unused premium. Your mortgage lender requires continuous coverage, so gaps could trigger penalties.
How We Found the Cheapest Home Insurance Companies in Utah
Our rate analysis reflects what most Utah homeowners need: standard coverage for a typical single-family home built within the past 25 years.
We collected quotes from major insurers using a consistent homeowner profile across Utah. This approach shows how each company prices the same coverage by removing variables that make direct comparisons difficult. The base profile represents the most common home insurance scenario in Utah.
Standard Coverage Profile:
- $250,000 dwelling coverage
- $125,000 personal property coverage
- $200,000 liability coverage
- $1,000 all-perils deductible
- Home built in 2000
- 3-class fire protection rating
- Good credit
- No claims filed in the past 5+ years
For specialty scenarios like older homes, high-value properties and rural locations, we adjusted variables from this base profile while keeping other factors constant. This shows how specific characteristics affect your rate compared to the standard homeowner.
These figures are estimates based on statewide averages. Your actual premium depends on your home's location, age, construction type and your claims history. Compare quotes from at least three insurers to find your lowest rate.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. He has analyzed the insurance market for over five years, conducting original research for insurance shoppers. His insights have been featured in CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
He writes about economics and insurance, breaking down complex topics so people know what they're buying.