Home Insurance in Provo, Utah
The median home value in Provo is $467,200, 13% lower than the Utah County median.
The typical home in Provo was built around 1983. About 19% of homes were built before 1960, about 9 points above Utah County's 10%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
Housing in Provo breaks down to 48% single-family homes, 36% apartments in buildings with 5+ units and 2% mobile or manufactured homes. The rest are 2-4 unit or other housing types.
64% of owner-occupied homes in Provo carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
About 39% of occupied homes in Provo are owner-occupied. The vacancy rate is 5%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
In Provo, 74% of homes are primarily heated with natural gas.
What's the biggest home insurance risk near Provo? FEMA's National Risk Index points to wildfire (Relatively High) in Utah County and Utah County had 753 active NFIP flood policies as of September 2026. See the full Utah County home insurance overview for all FEMA hazard ratings and flood coverage details.
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 | $467,200 |
|---|---|
| Median year built | 1983 |
| Owner-occupied share | 39% |
| Share of owner-occupied homes with a mortgage | 64% |
| Top county hazard | Wildfire (Relatively High) |
| Active NFIP policies in Utah County | 753 |
| Home insurance premium | $1,107 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)