Home Insurance in Salt Lake City, Utah

Homes in Salt Lake City carry a median value of $539,500 - close to the Salt Lake County median.

The typical home in Salt Lake City was built around 1965. About 45% of homes were built before 1960, about 27 points above Salt Lake County's 18%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.

In Salt Lake City, the housing stock is 47% single-family homes, 41% apartments in buildings with 5+ units and 1% mobile or manufactured homes. The rest are 2-4 unit or other housing types.

In Salt Lake City, about 65% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.

About 46% of occupied homes in Salt Lake City are owner-occupied. The vacancy rate is 8%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.

In Salt Lake City, 72% of homes are primarily heated with natural gas.

Salt Lake County had 1,166 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is earthquake (Relatively High). See the full Salt Lake County home insurance overview for all FEMA hazard ratings and flood coverage details. Earthquake damage is excluded from a standard homeowners policy.

The statewide average premium for a standard HO-3 homeowners policy in Utah is $1,107 per year, according to the NAIC homeowners insurance report (2023 data).

Key figures

Median home value$539,500
Median year built1965
Owner-occupied share46%
Share of owner-occupied homes with a mortgage65%
Top county hazardEarthquake (Relatively High)
Active NFIP policies in Salt Lake County1,166
Home insurance premium$1,107 - statewide average (NAIC, 2023 data)
Key home insurance figures for Salt Lake City, UT

Nearby towns

Sources

Data last updated: 2026-09-29