Who Has The Cheapest Renters Insurance Quotes in Utah?

Find the Cheapest Renters Insurance Quotes in Your Area

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We conducted a study of renters insurance quotes in Utah to see how quotes could vary for the same sample rental property - roughly 1,000 square feet of living space and $100,000 in liability coverage. The results showed the most expensive places cost 16% more than the cheapest to insure this benchmark unit. Presented below are the rates by location for comparative purposes; individual quotes will differ. Read more below, or enter your zip code to start finding insurance quotes

Cheapest Renters Insurance in Utah

In our study of renters insurance for Utah, we collected quotes for a sample property of 1,000 square-feet to find which company offered the cheapest renters insurance. At an average annual rate of $131 for our sample renters policy, State Farm ranked the cheapest. This rate is about 23% lower than the average annual rate. Below are the average annual rates for five major providers of renters insurance in Utah, ranked from cheapest to most expensive:

Rank

Cheapest Renters Insurance CompanyAverage Annual Rates

1

State Farm$131

2

Allstate156

3

Farmers157

4

Nationwide200

5

Liberty Mutual203

Average169

These rates were obtained for a sample property. We encourage you to look up quotes from multiple companies to compare and find the best rates for yourself.

Best Renters Insurace Rates in Utah: by City

The five places with the best renters insurance rates in Utah are scattered throughout the state. We found that the location with the lowest renters insurance cost in Utah is Nephi, where premiums were 5.1% lower than the state average.

Rank

CityAverage Annual Rate*% Difference vs State Average

1

Nephi$160-5.1%

2

Tooele160-5.1%

3

Logan161-4.6%

4

Richfield165-2.1%

5

Kanab166-2.0%

*The Average Annual Rate is rounded to the nearest whole dollar amount.

Nephi, UT

The place with the best renters insurance quotes in Utah is Nephi. The city of fewer than 5,000 residents was first known as Salt Creek when it was settled in the mid-19th century. It also is a place of crossroads in Utah, with multiple major highways running through the city. Brandon Flowers of the band The Killers lived in Nephi for a few years and attended junior high school there. Renters insurance premiums in Nephi are 5.1% cheaper than the state mean for the same property.

Tooele, UT

In 1966, the Settlement Canyon Dam was completed and spurred agricultural development of the area. Today, there are more than 22,000 residents here and many are civilian employees at the Tooele Army Depot, a facility that stores and is used to demilitarize weapons. Tooele also has some of the lowest renters insurance rates in Utah; our research found that quotes were generally 5.1% lower than the state benchmark.

Logan, UT

Logan was founded by Mormon settlers in 1859, and is the site of the Logan Utah Temple, which was dedicated in 1884. It is commonly known as "College Town" because of the main campus of Utah State University in the city. There are more than 48,000 residents who call Logan home, with the surrounding metropolitan area numbering more than 125,000. Logan ranked with the third most affordable renters insurance rates in Utah, with costs 4.6% lower than the state average.

Richfield, UT

The area now known as Richfield was inhabited by Native Americans for more than 7,000 years before Mormon settlers arrived. The Denver and Rio Grande Railroad first entered the area in 1871, which spurred its economic and population growth. Walter Frederick "Fred" Morrison, who is best known for inventing the frisbee, was born in Richfield. Richfield has more than 7,500 residents. Renters insurance premiums here are 2.1% lower than the study's average, which places it with the fourth least expensive costs in Utah.

Kanab, UT

Kanab rounds out the top five cities and towns in Utah with the lowest rates for renters insurance. It is a commercial center for large farming and ranching but is often called "Little Hollywood" because of its history with the film industry. It was a filming location for Gunsmoke, Daniel Boone, El Dorado, Planet of the Apes and The Outlaw Josey Wales. The city of 4,300 people is only 7 miles north of Arizona and is central to several national parks. Renters insurance quotes in Kanab are 2% lower than the state average.

Most Expensive Renters Insurance in Utah

The five places with the most expensive renters insurance in Utah are all located nearby Great Salt Lake and Utah Lake in the northern third of the state. Salt Lake City had the most expensive premiums in the state, which were 10% higher than the state average.

Rank

CityAverage Annual Rate*% Difference vs State Average

1

Salt Lake City$18610.0%

2

Bountiful1764.2%

3

Draper1764.1%

4

Lehi1764.0%

5

Park City1753.7%

*The Average Annual Rate is rounded to the nearest whole dollar amount.

Salt Lake City, UT

Salt Lake City has the most expensive renters insurance premiums in Utah. The city itself has more than 191,000 residents and its metropolitan area has more than 1.1 million. Amongst other recreational activities, snow sports are popular in the area. The Nearby mountains can get as much as 500 inches of snow in the winter and the city hosted the Winter Olympics in 2002. Premiums for renters insurance are 10% higher in Salt Lake City than the state average.

Bountiful, UT

Before adopting its present name in 1855, Bountiful was known as North Canyon Ward and Sessions Settlement. Some believe the city was named after an ancient city mentioned in the Book of Mormon. However, others believe the city was named for its rich harvests. Every year the city hosts a popular Pioneer day. Renters insurance rates in Bountiful are 4.2% higher than the state average.

Draper, UT

Draper was first settled in the early 1800s and named after William Draper III, a Mormon bishop. The Salt Lake City suburb has experienced dramatic growth over the last 25 years and now has more than 42,000 residents. Locals and tourists alike enjoy the area landscape and outdoor recreation, such as Corner Canyon. Renters insurance premiums in Draper are 4.1% higher than the average in the state, which ranks it with the third highest rates for insuring our study's model unit.

Lehi, UT

The city of Lehi was named after a prophet in the Book of Mormon. More than 47,000 people live in Lehi today and the economy continues to transition from an agricultural focus to a technological one. Quotes for the study sample property were 4% higher than the state average, giving Lehi the fourth most expensive spot.

Park City, UT

Park City was settled in 1870 as a mining community but nearly became a ghost town when the mines of the area penetrated the water table and flooded. However, skiing in Park City became wildly popular in the 1950s and remains so today. DC Shoes founder and Rally Car driver Ken Block is from Park City. Premiums for insuring our benchmark rental property are 3.7% higher than the state average.

Average Cost of Renters Insurance in Utah: by City

Our comparative study of renters insurance premiums in Utah was done by gathering and analyzing quotes from five major carriers across 32 cities in the state. Our analysis showed premiums from the most expensive place were 16% higher than the cheapest place in the state. This is a moderate spread; for comparison, the most expensive city in Delaware is only 7% more expensive that the cheapest, while the difference in the state of Texas is 74%.

Average Cost of Renters Insurance in Utah

Study Methodology

Our study examined renters insurance quotes for a 1,000-square-foot residence with at least $25,000 in personal property coverage and $100,000 in liability coverage. We then collected quotes for the profiled unit spanning 32 cities and towns for that sample residence from five of the major carriers that offer a renters insurance product in the state of Utah. We averaged rates for the sample home in each city as a benchmark to show which cities are relatively cheaper or more expensive. Those comparative values are not indicative of what tenants can expect to pay for an annual renters insurance premium.

Rank

CityAverage Annual Rate*% Difference vs State Average
31Bountiful$1764.2%

27

Brigham City1721.6%

9

Clearfield166-1.8%

30

Draper1764.1%

21

Heber City1700.7%

5

Kanab166-2.0%

8

Kaysville166-1.8%

24

Kearns1711.4%

7

Layton166-1.8%

29

Lehi1764.0%

3

Logan161-4.6%

20

Midvale1700.6%

11

Moab168-0.6%

1

Nephi160-5.1%

14

Ogden168-0.5%

18

Orem1700.3%

28

Park City1753.7%

12

Price168-0.6%

16

Provo1690.2%

4

Richfield165-2.1%

22

Riverton1711.2%

13

Roosevelt168-0.6%

15

Roy168-0.5%

10

Saint George168-0.8%

32

Salt Lake City18610.0%

23

Sandy1711.2%

25

South Jordan1711.4%

17

Spanish Fork1690.2%

19

Springville1700.3%

6

Syracuse166-1.8%

2

Tooele160-5.1%

26

West Jordan1711.4%

*The Average Annual Rate is rounded to the nearest whole dollar amount.

Comments and Questions

Editorial Note: The editorial content on this page is not provided or commissioned by any financial institution. Any opinions, analyses, reviews, statements or recommendations expressed in this article are those of the author’s alone, and may not have been reviewed, approved or otherwise endorsed by any of these entities prior to publication.