Home Insurance in Utah
Homes in Utah carry a median value of $489,400.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in Utah was built around 1992. About 15% of homes were built before 1960.
The housing stock in Utah is 74% single-family homes, 16% apartments in buildings with 5+ units and 3% mobile or manufactured homes.
About 69% of owner-occupied homes in Utah have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Utah has an owner-occupancy rate of 70% and a vacancy rate of 8%; unoccupied homes typically need a different coverage form.
Most homes in Utah - 79% - are primarily heated with natural gas.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Utah carries a statewide average premium of $1,107 per year.
Key figures
| Median home value | $489,400 |
|---|---|
| Median year built | 1992 |
| Owner-occupied share | 70% |
| Share of owner-occupied homes with a mortgage | 69% |
| Home insurance premium | $1,107 - statewide average (NAIC, 2023 data) |
Counties
- Beaver County
- Box Elder County
- Cache County
- Carbon County
- Daggett County
- Davis County
- Duchesne County
- Emery County
- Garfield County
- Grand County
- Iron County
- Juab County
- Kane County
- Millard County
- Morgan County
- Piute County
- Rich County
- Salt Lake County
- San Juan County
- Sanpete County
- Sevier County
- Summit County
- Tooele County
- Uintah County
- Utah County
- Wasatch County
- Washington County
- Wayne County
- Weber County