The Utah Department of Health reports that a car crash occurs at least every 8 minutes, someone is injured from a crash every 20 minutes and someone dies every 33 hours. Accidents can be costly, especially if injuries are involved. Auto insurance can help protect you from the financial devastation of causing an accident.
Utah drivers pay, on average, $1,306 annually for full coverage car insurance and $528 annually for minimum coverage. To find the cheapest car insurance, Utah drivers may want to consider not only a company’s average rates, but also its coverage and discount options, financial strength scores and customer service reviews. Bankrate has analyzed the largest auto insurance companies by market share in Utah to help you in your search for affordable car insurance.
The cheapest car insurance in Utah
Because car insurance is a required expense, many drivers want to find the cheapest company possible. While there are other factors to consider when shopping for auto insurance, such as customer service ratings and the availability of digital tools, finding a low premium is often a priority when considering which insurance company to choose.
Bankrate obtained average annual premiums from the top carriers in Utah, based on market share. Based on of our research, these are the top 5 insurance providers offering the cheapest car insurance in Utah.
|Car insurance company||Average annual premium for minimum coverage||Average annual premium for full coverage|
|Iowa Farm Bureau||$466||$1,180|
USAA services both active and retired military members as well as their immediate family members. If you are eligible for coverage with USAA, it may be a good choice. Year after year, USAA receives top marks from companies like J.D. Power for its customer satisfaction, although it is not eligible to receive an official ranking due to its eligibility restrictions.
USAA offers numerous discounts to its members, including a military installation discount, a good student discount and a length-of-membership discount. The company also has an A++ financial strength rating from AM Best, indicating that the company is financially strong.
Geico offers low rates prior to adding any savings opportunities, but it also offers a wide range of discounts to help you save even more money. You may qualify for a discount if you are a military member or a federal employee, a good student, a safe driver or if you have taken a driver training course. Savings can range from 3% to 25%.
Geico also gets good customer service reviews. It tied for first place in the Southwest region in the J.D. Power 2020 U.S. Auto Insurance Study. If you are interested in digital tools, you may want to consider a quote from Geico. The company’s website and mobile app allow policyholders to manage many aspects of their policy themselves.
Nationwide falls in the middle of the cheapest companies in Utah, but is still worth considering. The company offers a variety of car insurance coverages, from standard coverages like liability, comprehensive and collision, to optional coverages like accident forgiveness, vanishing deductible and total loss deductible waiver. You may also be able to save with a selection of discounts.
Nationwide also scored above industry average in the 2020 J.D. Power U.S. Auto Claims Satisfaction Study. This indicates that customers are generally satisfied with Nationwide’s claim service. Claims satisfaction is an important consideration when shopping for car insurance; you likely want to feel confident that your insurance company will take care of you when you need it most.
Iowa Farm Bureau
Although not its homestate, Iowa Farm Bureau offers car insurance in Utah. You may want to consider obtaining a quote from Iowa Farm Bureau if you have multiple insurance policies; the company’s bundled insurance plan can save you money and consolidate your insurance policies in one place.
Iowa Farm Bureau is a membership organization. To obtain insurance from Iowa Farm Bureau, you will need to join the organization. However, along with the ability to take advantage of the company’s insurance premiums, membership comes with other benefits, such as discount at major hotel chains and access to scholarship and grant funds.
Farmers Insurance offers the most expensive minimum coverage on our list, but its rates are still below Utah’s state-average premiums. The company claims that drivers save an average of $467 when they switch their coverage, so you may want to consider getting a quote to see if you can save on your car insurance. Farmers also offers several discounts to help policyholders save, like its paid-in-full discount, affinity discount and various discounts for safety features.
However, Farmers did receive a score that was well below industry average in the 2020 J.D. Power U.S. Auto Insurance Study. Its personal auto product also received a slightly higher-than-average number of complaints, according to the National Association of Insurance Commissioners (NAIC). A score of 1.00 indicates the industry-standard number of complaints; Farmers’ auto insurance product received a score of 1.09.
Affordable coverage for Utah drivers
Like most states, Utah does have minimum car insurance coverage requirements. Utah requires all drivers to have 25/65/15 in liability protection. This means that you must have at least the following limits to legally drive in Utah:
- $25,000 per person for bodily injury
- $65,000 per accident for bodily injury
- $15,000 for property damage
Additionally, Utah drivers are required to have at least $3,000 in personal injury protection (or PIP).
Utah’s minimum limits are not as low as some states but could still leave you with out-of-pocket expenses if you cause an accident. Most insurance professionals advise that you purchase higher liability limits, if you can afford to. Additionally, state minimum limits do not include any coverage for damage to your own vehicle. For that, you will need full coverage. If you have a loan or lease on your car, your lender will likely require you to carry full coverage insurance.
How to get cheap car insurance in Utah
Finding affordable car insurance in Utah is possible. There are several steps you can take that could help you find coverage to fit your budget.
First, obtain quotes from several insurance companies. This allows you to compare coverages, discounts and premiums. Every company has its own rating algorithm, so the best car insurance company may be different for everyone. For example, someone with a clean driving record will receive different quotes than someone who has had multiple accidents. Getting quotes from multiple companies might help you determine which company best fits your situation.
Other things you can do to help keep your insurance costs low include maintaining a clean driving record, improving your credit score and increasing your deductible. Be sure to discuss these factors with your agent before making changes to your policy.
Frequently asked questions
What is the best car insurance company in Utah?
Because everyone’s insurance needs are different, the best auto insurance company will vary. Some companies may be better suited to insuring teen drivers, others might specialize in classic or antique cars and still others are better options for those who have multiple policies. Getting quotes from a range of companies can be a good strategy to narrow down your options.
Is Utah a no-fault state?
Yes, Utah is a no-fault state. No-fault states have specialized insurance laws, so be sure to discuss your options with your insurance company to make sure your policy adheres to the requirements.
Bankrate utilizes Quadrant Information Services to analyze 2021 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on a 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits:
- $100,000 bodily injury liability per person
- $300,000 bodily injury liability per accident
- $50,000 property damage liability per accident
- $100,000 uninsured motorist bodily injury per person
- $300,000 uninsured motorist bodily injury per accident
- $500 collision deductible
- $500 comprehensive deductible
To determine minimum coverage limits, Bankrate used minimum coverages that meet each state’s requirements. Our base profile drivers own a 2019 Toyota Camry, commute five days a week and drive 12,000 miles annually.
These are sample rates and should only be used for comparative purposes.