Best cheap car insurance for Utah drivers – MarketWatch


MarketWatch has highlighted these products and services because we think readers will find them useful. This content is independent of the MarketWatch newsroom and we may receive a commission if you buy products through links in this article.

If you’re looking for the cheapest car insurance in Utah, you’ll want to review average rates for the state and compare options from several providers. But where to begin? This article will discuss the best car insurers in Utah based on cost, coverage and local reputation.

Our expert team has reviewed the best car insurance companies nationally, and this article applies the same review standards to Utah providers as well. To start comparing free car insurance quotes from some of the state’s top options, use the tool below.

In this article:

  • 5 best car insurance companies in Utah

  • Cost of car insurance in Utah

  • Utah car insurance requirements

  • How to get car insurance in Utah

  • Our methodology

5 best car insurance companies in Utah

To determine the best car insurance companies in Utah, we considered industry standing, pricing, types of policies and the customer experience for Beehive State drivers (see full methodology below). While some top providers score well in every state, others have better reputations in certain locations.

Top Car Insurance Companies in Utah

Overall Rating

Coverage Rating

Cost Rating

1. Geico

9.1

8.5

8.5

2. USAA

9.1

8.5

9.5

3. American Family Insurance

7.5

8.5

7.5

4. Allstate

8.2

8.0

6.5

5. State Farm

8.6

8.5

8.0

*Our research team considers nationwide factors when scoring providers. However, the order of providers in this table is specific to car insurance in Utah.

1. Geico

AM Best Financial Strength Rating: A++

Better Business Bureau (BBB) Rating: A+

In our 2021 industry review, we named Geico as the best provider overall, and we also think it’s the best option for car insurance in Utah. Geico came in first place in the J.D. Power 2020 U.S. Auto Insurance Satisfaction StudySM for the Southwest region, which includes Arizona, Colorado, Nevada, New Mexico and Utah.

The insurer offers a number of discount opportunities that make it the lowest-cost option for many drivers. Geico’s car insurance discounts include:

  • Multi-policy discount

  • Multi-vehicle discount

  • Good driver discount

  • Defensive driving discount

  • Good student discount

  • Driver’s ed course discount

  • Military discount

  • Federal employee discount

  • New vehicle discount

  • Safety device discounts

  • Anti-theft device discounts

READ  As policymakers embrace transportation innovation, rail gets the cold shoulder - Washington Examiner

2. USAA

AM Best Financial Strength Rating: A++

BBB Rating: A

USAA scored even higher than Geico in the J.D. Power Satisfaction Study for the Southwest region. In fact, USAA typically scores the highest in every region surveyed. However, this insurer is not eligible for formal ranking with J.D. Power, because it is not available to every driver. To purchase USAA car insurance, you must be a member of the U.S. armed services or you must have a parent, grandparent or spouse who has a USAA account.

The insurer’s discount offers include:

  • Family discount

  • Multi-vehicle discount

  • Safe driver discount

  • Defensive driving discount

  • Good student discount

  • Driver training discount

  • New vehicle discount

  • Low-mileage discount

  • Loyalty discount

  • Pay-in-full discount

3. American Family Insurance

AM Best Financial Strength Rating: A

BBB Rating: A

American Family is a regional insurer available to drivers in 19 states, including Utah. It tied with Geico for first place in the J.D. Power Satisfaction Study for the Southwest region, with an overall score of 834 out of 1,000. That’s above the regional average score of 827.

American Family’s discount offerings include:

  • Multi-policy discount

  • Multi-vehicle discount

  • Good driver discount

  • Defensive driving discount

  • Good student discount

  • Away at school discount

  • Low-mileage discount

  • Loyalty discount

  • Autopay discount

  • Pay-in-full discount

  • Paperless billing discount

  • Safety device discounts

  • Young volunteer discount

4. Allstate

AM Best Financial Strength Rating: A+

BBB Rating: A+

Allstate placed third in the 2020 J.D. Power Satisfaction Study for the Southwest region with a score of 830 out of 1,000. While Allstate insurance premiums can be a little higher than competitors, many drivers find the company’s high-quality customer service is worth the extra cost.

Plus, just because Allstate doesn’t beat some of these other companies when it comes to average rates, that doesn’t mean some drivers don’t find the lowest auto insurance rates for them with Allstate. You may be eligible for the following Allstate discounts when purchasing car insurance in Utah:

  • Multi-policy discount

  • Safe driving discounts

  • Good student discounts

  • New car discount

  • Pay-in-full discount

  • Paperless billing discount

  • Safety device discounts

  • Anti-theft device discount

5. State Farm

AM Best Financial Strength Rating: A++

BBB Rating: Not rated

State Farm rounds out our list of the best options for car insurance in Utah. We rate the company highly overall and think it is a good option for student drivers because of the many discount offers available to young drivers and college students. The Steer Clear mobile app, for example, allows teens and new drivers to receive course training, mentoring and driving practice. Successfully completing the program provides a discount.

READ  Covid-19 slashes UK car output to level last seen in 1954

Other State Farm discount opportunities include:

  • Multi-policy discount

  • Good driver discount

  • Defensive driving discount

  • Good student discount

  • Driver training discount

  • Away at school discount

  • Accident-free discount

  • Safety device discount

  • Anti-theft device discount

Cost of car insurance in Utah

The cost of auto insurance varies by state, largely because each state sets its own insurance regulations. Local laws and minimum requirements as well as average crash and theft statistics mean that premiums can vary widely from state to state.

The table below outlines the average cost of car insurance in Utah compared to the national average. Data comes from the 2021 National Association of Insurance Commissioners (NAIC) Auto Insurance Database Report. Data represents average premiums paid in 2018.

Utah Car Insurance Average

National Average

Liability Premium

$601.77

$644.11

Collision Premium

$309.20

$377.62

Comprehensive Premium

$127.53

$167.91

Average Expenditure*

$941.14

$1,056.55

*Average expenditure is the total average drivers actually spent on their insurance policies. It takes into account all levels of coverage purchased by Utah drivers.

While these average prices can provide an idea of the average cost of car insurance in Utah, rates vary from driver to driver. In addition to state, most insurers consider the following when calculating your premium:

  • Age

  • Gender

  • Marital status

  • Vehicle

  • Driving record

  • City

  • Credit score

  • Deductible

Overall, Utah car insurance rates are a bit lower than the national average. This may be in part because Utah’s number of auto fatalities are below the national average. Here are a few statistics about Utah drivers versus the national average, according to the U.S. Department of Transportation’s Fatality Analysis Reporting System (FARS):

Utah Average

National Average

Number of Miles Driven

32,911

63,956

Number of Deaths Resulting from Auto Accidents

248

707

Deaths Per 100,000 People

7.7

11

Deaths Per 100 Million Vehicle Miles Traveled

0.75

1.11

Utah car insurance requirements

All drivers must carry car insurance in Utah. To be street legal, drivers must maintain the following minimum coverage limits:

Type of Insurance

Required Car Insurance in Utah

Liability coverage

$25,000 per person bodily injury liability $65,000 per accident bodily injury liability $15,000 per accident property damage liability

Personal injury protection (PIP)

$3,000 per person

Uninsured/underinsured motorist coverage (UM/UIM)

$25,000 per person  $65,000 per accident 

READ  People rush to help driver stuck in his car after I-70 crash - The Denver Channel

Uninsured/underinsured motorist coverage can be waived, but you must indicate that you decline this coverage via a written statement to your insurer.

If you are found driving without the state minimum required car insurance in Utah, you may be subject to the following penalties:

  • Suspension of vehicle registration ($100 reinstatement fee)

  • $400 fine for first offense

  • $1,000 fine for second and subsequent offenses within three years

  • Suspension of driver’s license until proof of insurance and fee is paid

Utah is a no-fault state. This means that your own insurer pays for damages to your vehicle, regardless of fault. This is why personal injury protection is mandatory.

How to get car insurance in Utah

If you’re trying to buy cheap car insurance in Utah, the easiest way to start your policy is to sign up online. This process begins with requesting a quote. You start comparing free quotes from leading providers by entering your zip code below.

Our methodology

Because consumers rely on us to provide objective and accurate information, we created a comprehensive rating system to formulate our rankings of the best car insurance companies. We collected data on dozens of auto insurance providers to grade the companies on a wide range of ranking factors. The end result was an overall rating for each provider, with the insurers that scored the most points topping the list.

Here are the factors our ratings take into account:

  • Reputation: Our research team considered market share, ratings from industry experts and years in business when giving this score.

  • Availability: Auto insurance companies with greater state availability and few eligibility requirements scored highest in this category.

  • Coverage: Companies that offer a variety of choices for insurance coverage are more likely to meet consumer needs.

  • Cost: Average auto insurance rates and discount opportunities were both taken into consideration.

  • Customer Experience: This score is based on volume of complaints reported by the NAIC and customer satisfaction ratings reported by J.D. Power. We also considered the responsiveness, friendliness and helpfulness of each insurance company’s customer service team based on our own shopper analysis.

*Data accurate at time of publication.



READ SOURCE

LEAVE A REPLY

Please enter your comment!
Please enter your name here