Who Has the Best Car Insurance Rates in Salt Lake City?

Who Has the Best Car Insurance Rates in Salt Lake City?

Compare Rates in Salt Lake City

Currently insured?

Based on our analysis of top insurers, residents of Salt Lake City, Utah, will likely find the cheapest auto insurance from State Farm. Minimum coverage costs $58 per month, on average. The best rates for full coverage come from Farm Bureau, which charges $154 per month, on average.

Salt Lake City is the most populous city in Utah, and those who live there pay auto insurance premiums well above the state average. The statewide average for minimum coverage is $76 per month, but Salt Lake City drivers pay $89 per month.

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Farmers, the most expensive insurer in our Salt Lake City study, charges over $300 more per month for full coverage than Farm Bureau. Differences like that show why it's so important to shop around.

Cheapest auto insurance in Salt Lake City: State Farm

Minimum-coverage auto insurance in Salt Lake City costs $1,064 per year on average, but drivers can get much cheaper insurance from State Farm, Farm Bureau and Progressive. On average, these three insurers charge just $765 annually for minimum coverage, making them 28% cheaper.

The most affordable rates overall came from State Farm, whose annual premiums for minimum coverage in Salt Lake City average at $701 per year. That saves State Farm policyholders more than $350 every year.

Cheapest car insurance companies in Salt Lake City, Utah.

Compare Rates in Salt Lake City

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Many drivers choose minimum coverage because it is the cheapest option, but cheap premiums mean that drivers are left financially responsible for any damage sustained by their own car after an accident.

Rank
Company
Annual rate
1State Farm$701
2Farm Bureau Insurance$775
3Progressive$818
4Geico$907
5Allstate$970
6Farmers$995
7American Family$1,835
8Auto-Owners$2,035
N/AUSAA$537

*USAA is only available to current and former military members and their families.

Cheapest full-coverage car insurance in Salt Lake City: Farm Bureau

The best rates for a full-coverage policy in Salt Lake City come from Farm Bureau. The average cost of full coverage is $2,715 per year, but policyholders with Farm Bureau pay just $1,848 per year on average, saving $867 every year.

Rank
Company
Annual rate
1State Farm$701
2Farm Bureau$775
3Progressive$818
4Geico$907
5Allstate$970
6Farmers$995
7American Family$1,835
8Auto-Owners$2,035
N/AUSAA$537

*USAA is only available to current and former military members and their families.

Eligible drivers can find even cheaper insurance from USAA. Although it's only available to current and former military members and their families, USAA charges just $1,260 per year. That's 54% less than the city average.

Full coverage includes collision and comprehensive coverage to the mandatory liability and personal injury protection (PIP) coverage requirements in Utah.

  • Comprehensive coverage: Pays for damages to your car that don't result from a collision, such as weather or animal damage.
  • Collision coverage: Pays for collision-related damage.

Cheap car insurance for drivers with prior incidents

Insurance companies set your rates based on the risk that you pose on the road. Incidents on your driving history — such as accidents, DUIs or speeding tickets — and a low credit score can cause companies to raise rates.

We identified the cheapest auto insurance for Salt Lake City drivers who have:

Cheapest car insurance in Salt Lake City after an accident: Farm Bureau

Farm Bureau, State Farm and Progressive had the best cheap rates for Salt Lake City drivers with an at-fault accident on their records. The average rate for these drivers is $4,140 per year, but these three insurers charge companies an average of $3,265 per year — $875 less.

Rates in Salt Lake City go up by 53% after an at-fault accident, from $2,715 per year to $4,140 per year, on average. While your rates will almost always be higher after an accident, you should still compare quotes after your driving record changes to make sure you're getting the best deal.

Rank
Company
Annual rate
1Farm Bureau$2,859
2State Farm$3,117
3Progressive$3,820
4American Family$4,104
5Geico$4,113
6Auto-Owners$5,322
7Allstate$5,334
8Farmers$6,743
N/AUSAA$1,851

*USAA is only available to current and former military members and their families.

Cheapest car insurance for people with a speeding ticket: Farm Bureau

Your rates will go up after a speeding ticket in Salt Lake City, but not as much as they do after an at-fault accident. At-fault accidents cause average rates to increase by $1,425 per year, whereas speeding tickets cause rates to increase by just $538.

If you are a Salt Lake City driver with a speeding ticket on your record, start by getting quotes from Farm Bureau. Our analysis found that the company charged 36% less than the city average, with policyholders paying $2,095 per year for full coverage.

Rank
Company
Annual rate
1Farm Bureau$2,095
2Progressive$2,452
3Geico$2,776
4State Farm$2,852
5Auto-Owners$3,318
6American Family$3,357
7Allstate$4,081
8Farmers$6,714
N/AUSAA$1,627

*USAA is only available to current and former military members and their families.

Cheapest car insurance for drivers with a DUI: Farm Bureau

Driving under the influence (DUI) puts both you, your passengers and all those around you on the road at risk. Accordingly, the insurers in our study raised rates far more significantly for a DUI than for other offenses, increasing annual premiums by $1,474.

The cheapest auto insurance for these drivers came, once again, from Farm Bureau. Annual rates from Farm Bureau were $2,095 per year, making them 50% cheaper than the city average, which is $4,189 per year.

Rank
Company
Annual rate
1Farm Bureau$2,095
2Progressive$2,212
3State Farm$2,852
4American Family$3,357
5Geico$4,079
6Allstate$5,058
7Farmers$6,487
8Auto-Owners$9,124
N/AUSAA$2,436

*USAA is only available to current and former military members and their families.

Cheapest car insurance for drivers with poor credit: Progressive

While your credit score does not affect your ability to drive safely, many insurers use it to set your auto insurance rates. Salt Lake City drivers with very good credit pay just $1,561 per year on average — far less than drivers with average credit scores ($1,929 per year) or poor credit scores ($3,342).

The cheapest rates for drivers with low credit scores came from Progressive. The company charged these drivers just $2,589 per year, which is $752 less than the city average.

Rank
Company
Annual rate
1Progressive$2,589
2Farm Bureau$3,010
3Geico$3,061
4Auto-Owners$3,187
5Allstate$3,823
6American Family$3,861
7Farmers$3,968
8State Farm$4,585
N/AUSAA$1,990

*USAA is only available to current and former military members and their families.

Cheapest car insurance for married drivers: Farm Bureau

Married drivers in Salt Lake City pay $82 less per year on average than single drivers. Farm Bureau had the best rates for these drivers. The average for the city is $2,633 per year, but married policyholders with Farm Bureau pay 31% less — just $1,811 per year, on average.

Rank
Company
Annual rate
1Farm Bureau$1,811
2Progressive$1,969
3Geico$2,345
4American Family$2,517
5State Farm$2,587
6Auto-Owners$3,318
7Allstate$3,560
8Farmers$4,454
N/AUSAA$1,135

*USAA is only available to current and former military members and their families.

Cheapest car insurance for young drivers: Farm Bureau

Young drivers generally pay more for auto insurance than adult drivers. In fact, our sample 18-year-old driver paid $5,429 more per year than our 30-year-old driver did, with an average annual premium of $8,144 per year.

Farm Bureau offered our sample 18-year-old driver full coverage for $4,485 per year. That means young drivers who opt for Farm Bureau can save $3,659 each year.

Rank
Company
Annual rate
1Farm Bureau$4,485
2Geico$5,974
3American Family$7,611
4State Farm$8,278
5Progressive$9,010
6Farmers$9,583
7Allstate$9,669
8Auto-Owners$14,053
N/AUSAA$4,629

*USAA is only available to current and former military members and their families.

In addition to shopping around, other strategies young drivers can use to reduce their premiums include staying on their parents' policy and asking insurers for discounts. Good student and student-away-from-home discounts can help make auto insurance more affordable for young drivers.

Best auto insurance companies in Salt Lake City, Utah

ValuePenguin asked policyholders at major auto insurance companies how satisfied they were with their most recent claims. Our survey showed that Auto-Owners, USAA and American Family had the highest percentages of customers who said they were "extremely satisfied" with their most recent claims.

To learn more about the customer service reputations of the insurers in this study, visit our analysis of the best car insurance companies in Utah.

Average car insurance cost in Salt Lake City, by ZIP code

Insurers set rates not just by city, age or marital status, but by ZIP code, as well. Certain ZIP codes have more traffic or crime than others, which can cause insurers to raise rates.

Residents of the most expensive ZIP code in Salt Lake, 84140, paid $2,912 per year for full coverage, which is $375 more than what residents of the cheapest ZIP code, 84108, paid per year.

ZIP code
Average full-coverage cost
Average minimum-coverage cost
84101$2,816$1,086
84102$2,616$1,023
84103$2,626$1,007
84104$2,907$1,142
84105$2,629$1,040
84106$2,659$1,071
84108$2,537$981
84109$2,637$1,025
84111$2,712$1,042
84112$2,629$1,008
84113$2,572$1,011
84114$2,620$1,028
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Auto theft statistics in Salt Lake City

Not only is Salt Lake City the most populous city in Utah, it also experiences the highest level of auto crime. Our analysis of 2019 FBI data found that about 6 cars are stolen in Salt Lake City for every 1,000 residents.

Rank
City
Population
Car thefts
Thefts per 1,000
1Salt Lake City202,4261,2606.22
2West Valley137,2697045.13
3Ogden87,8753453.93
4West Jordan117,6442041.73
5Sandy97,7971931.97
6St. George89,1601451.63
7Orem98,6861411.43
8Provo117,1891281.09
9Layton78,585801.02
10South Jordan77,645781.00

Motor vehicle theft data was pulled from the FBI 2019 Utah Crime Report.

Methodology

We gathered rate data from nine of the largest insurers in Utah. Unless otherwise noted, our sample driver was a 30-year-old man who drives a 2015 Honda Civic EX and had the following limits on his full-coverage policy:

Coverage type
Study limits
Bodily liability$50,000 per person/$100,000 per accident
Personal injury protection$10,000
Property damage$25,000 per accident
Uninsured/underinsured motorist bodily injury$50,000 per person/$100,000 per accident
Comprehensive and collision$500 deductible

Insurance rate data for this ValuePenguin analysis came from Quadrant Information Services. Rates were publicly sourced from insurer filings and should be used solely for comparative purposes since your own quotes may be different.

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.