The Best Cheap Renters Insurance in Utah (2024)
State Farm has the lowest prices for renters insurance in Utah, with an average of $12 per month.
Compare Cheap Renters Insurance in Utah
Best Cheap Utah Renters Insurance
ValuePenguin researched insurance quotes from six top insurance companies in Utah to find the best company for you. When choosing a renters insurance company, you should weigh coverage options and customer service along with cost.
Quotes include $30,000 of personal property coverage with a $500 deductible and $100,000 in liability protection.
Cheapest renters insurance companies in Utah
State Farm has the cheapest renters insurance in Utah.
A policy from State Farm costs $12 per month, or $140 per year, on average. That's half the average cost of renters insurance in Utah, which is $24 per month.
Compare Cheap Renters Insurance in Utah
Utah renters insurance is about $1 per month more expensive than the national average. In the United States, renters insurance costs about $23 per month.
Cheap Utah renters insurance quotes
Company | Monthly cost | ||
|---|---|---|---|
| State Farm | $12 | |
| Progressive | $22 | |
| Amica | $24 | |
| Assurant | $26 | |
| American Family | $30 | |
| Farmers | $33 | |
Best renters insurance in Utah overall: State Farm
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Editor's rating
- Cost: $12/mo
State Farm has low-cost renters insurance and lots of ways to add extra protection.
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Cheapest rates in UT
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Lots of extra coverage options
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Helpful local agents
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Average customer service
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Some people have to work with an agent to buy a policy
State Farm has the best combination of affordable prices and helpful coverage options in Utah.
State Farm has an average rate of just $12 per month. That's half the average cost in Utah and $10 per month less than the second-cheapest company, Progressive.
It also offers lots of ways for renters to customize their protection, including:
- Protection for valuables, like jewelry
- Water backup coverage
State Farm's customer service is good but not perfect. It earned a good score on J.D. Power's customer satisfaction survey. But State Farm gets an average number of customer complaints for a company its size. If you're willing to spend more for top-rated customer service, you should consider Amica instead.
Best-rated renters insurance in Utah: Amica
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Editor's rating
- Cost: $24/mo
Amica is the best choice for Utah renters willing to pay extra for a great customer experience.
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Excellent customer service
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Lots of discounts
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Twice the cost of State Farm
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Few coverage add-ons
Amica customers are typically very happy with its claims process.
It earned the top score on J.D. Power's claims satisfaction survey and only gets one-third as many complaints as other companies its size. That means you can count on Amica to quickly get your life back to normal after a disaster.
The average price for Amica in Utah is about $24 per month. While that's roughly the state average, it's twice as much as coverage from the cheapest company, State Farm.
Amica offers lots of ways for renters to lower their insurance bills. This includes a discount for bundling your auto and renters insurance or signing up for automatic payments. However, even if you qualify for all of Amica's discounts, it's unlikely you'll save enough for it to become cheaper than State Farm.
Unfortunately, Amica is not a great choice if you need renters insurance coverage that goes beyond the basics. While it does offer a few add-ons like replacement cost coverage, it lacks options like water backup or equipment breakdown coverage.
Best for bundling renters and auto insurance: Progressive
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Editor's rating
- Cost: $22/mo
Progressive offers many ways to save, including bundling your car and renters insurance.
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Lots of discounts and coverage options
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Very affordable auto insurance in UT
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Poor customer service
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Not the cheapest renters insurance in UT
Progressive's affordable auto insurance rates in Utah make it the best choice for renters looking to bundle policies.
You'll also get an average discount of 3% on your renters insurance bill when you bundle with Progressive.
Progressive also offers a few discounts that are very easy to get. For example, you can save by signing up to get bills by email or getting a quote at least three days before you buy your policy.
However, you'll need to qualify for many of Progressive's discounts for its rates to compete with State Farm's. At $22 per month, a policy from Progressive costs $10 per month more than the same coverage from State Farm.
Progressive's customer service isn't very good. It earned the lowest score on J.D. Power's customer satisfaction survey. In addition, Progressive gets 43% more complaints than an average company its size. So it may take longer to replace your damaged stuff if you choose Progressive.
Best cheap renters insurance in Salt Lake City
State Farm has the cheapest renters insurance in Salt Lake City, at just $12 per month.
That's half the citywide average of $25 per month.
Company | Monthly cost | ||
|---|---|---|---|
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| State Farm | $12 | |
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| Progressive | $23 | |
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| Amica | $24 | |
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| Assurant | $26 | |
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| American Family | $31 | |
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| Farmers | $37 | |
Renters insurance in Utah: Cost by city
Kearns, a suburb of Salt Lake City, has the most expensive renters insurance in Utah.
The average cost of renters insurance in Kearns is $26 per month, which is $2 per month more than the state average.
Riverton, another suburb of Salt Lake City, has the cheapest rates among the largest cities in the state. Renters in Riverton typically pay around $20 per month. That's $6 per month less than Kearns, despite their proximity to one another.
Renters insurance costs can change based on where you live. You may pay more for insurance if your neighborhood has frequent break-ins, or less if you live near a fire station.
Average cost of renters insurance in Utah by city
City | Monthly rate | % from average |
|---|---|---|
| Bountiful | $24 | -2% |
| Draper | $24 | 0% |
| Eagle Mountain | $25 | 1% |
| Herriman | $25 | 2% |
| Kearns | $26 | 5% |
How to find the cheapest renters insurance in Utah
To find the cheapest renters insurance, start by figuring out how much coverage you need. Then, you can shop around for quotes and ask about discounts.
Figure out how much renters insurance you need. The amount and types of coverage you choose greatly impact how much you pay for insurance. While you don't want to pay for coverage you don't need, it's important to have enough protection to replace your stuff after a disaster.
Compare quotes from multiple companies. In Utah, there's a difference of about $21 per month between the most and least expensive renters insurance companies. That means you could save up to $259 per year just by comparing quotes.
In addition, each company determines renters insurance rates differently. Some companies prioritize your insurance history, while others may focus more on your credit score. For that reason, the cheapest company for you may be different from that of your neighbors, friends or family.
Ask about discounts. Bundling your renters and car insurance with one company is typically the best way to lower your insurance bill. Most companies also offer a discount for installing a burglary or fire alarm.
You should also ask about discounts if you:
- Pay your annual bill up front
- Sign up to make automatic payments
- Get bills and policy documents via email
- Haven't filed a claim in two to three years
- Live in a gated community
- Are retired or a nonsmoker
What types of renters insurance coverage do I need in Utah?
Utah renters need to protect their belongings from wildfires, earthquakes and flooding.
Renters insurance typically covers fire damage, which includes wildfires. However, some insurance companies may not offer fire coverage if you live in a high-risk area.
If you can't find a company that offers fire protection, you can buy a separate fire insurance policy. The best way to find stand-alone fire insurance is by calling a local, independent insurance agent.
Renters insurance doesn't cover earthquake damage. You can protect your belongings from earthquake damage by buying a separate earthquake policy.
Some renters insurance companies also offer earthquake coverage as an optional add-on. This includes State Farm, Progressive, Assurant, American Family and Farmers.
Renters insurance doesn't pay for weather-related flood damage. This includes damage from heavy rains, snowmelt or rising lakes and rivers. The only way to protect your belongings from flood damage is to buy a flood insurance policy.
Unlike earthquake insurance, you typically can't add flood coverage onto your renters policy. Some renters insurance companies, like Amica and Progressive, sell flood insurance.
It can be helpful to have your renters and flood insurance policies with the same company.
For example, say a severe thunderstorm floods your home and causes a power surge that damages your laptop. Having both policies with the same company means you'll only need to work with one company for both claims. That could save you a lot of time.
Frequently asked questions
How much is renters insurance in Utah?
The average cost of renters insurance in Utah is $24 per month for $30,000 in personal property coverage. However, Utah renters can get coverage for as little as $12 from State Farm, the cheapest company in the state.
Can a landlord require renters insurance in Utah?
Yes, your landlord can require you to buy a renters insurance policy in Utah. It's important that you check your lease agreement to make sure you're buying enough coverage to meet your requirements.
How much is renters insurance in Salt Lake City, UT?
Renters insurance in SLC costs an average of $25 per month. That's only $1 per month more than the Utah state average. In comparison, renters living in Provo pay $22 per month for coverage.
Methodology
To find the best cheap renters insurance in Utah, ValuePenguin evaluated six major insurance companies in 24 major cities in Utah. Quotes are for an unmarried 30-year-old renter who lives alone and has no recent renters insurance claims. Rates include the following coverage limits:
- Personal property: $30,000
- Personal liability: $100,000
- Medical payments: $1,000
- Loss of use: $9,000
- Deductible: $500
ValuePenguin editors determine the top picks by analyzing rates, customer service and coverage options.
Renters insurance star ratings are based on the National Association of Insurance Commissioners (NAIC) complaint index, the J.D. Power customer service satisfaction survey and ValuePenguin's editors' ratings.
Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any of our network partners.