Average Price of Car Insurance in Utah






Drivers in Utah aren’t facing huge traffic levels or a state that’s particularly dangerous to drive in. The average cost of insurance in Utah is actually lower than it is for most of the country. The national average for insurance premiums is about $1441, but drivers in Utah enjoy rates that average out at about $1230. Here is some information you should keep in mind when getting quotes for auto insurance in Utah.

Minimum Requirements

Utah does require all drivers to have insurance. The minimum coverage levels include $25,000 per person for bodily injury and $65,000 per accident for bodily injury. The minimum coverage level for property damage is $15,000 and personal injury protection is $3,000.

No-Fault State

Utah is one of many no-fault states. Under this system each driver is covered under his own insurance, along with any passengers, regardless of who is at fault. Damage to property is paid for by the person who caused the accident. These systems are designed to reduce the number of lawsuits moving through the courts and so they greatly limit your ability to sue after an accident.

Choose Higher Coverage

Insurance is designed to protect you and your assets. It is vital that your insurance coverage levels be high enough to protect your assets in the event of a lawsuit. If you carry the minimum coverage of $15,000 for property damage and total out someone’s brand new Lexus, you will be responsible for paying the difference between that $15,000 and the $45,000 value of the Lexus. You could be sued and forced to liquidate assets to cover the costs. If you really don’t have any assets, you could find yourself having your wages garnished to pay for the damages. Choose property damage coverage of at least $150,000 and choose an even higher level if that is necessary to shield all of your assets.

While your own insurance company will cover your medical expenses in the event of an accident, they will only cover up to your personal limit. Your personal health insurance may refuse to cover any part of it because it happened in an accident. Medical bills can easily exceed $25,000 and then you will be left paying for the difference out of your own pocket. $65,000 for a per accident total can leave you extremely short for money to pay medical bills if you have a large family. Don’t take chances with the health and well being of your family. Increase your bodily injury coverage. It’s also a good idea to carry more than $3,000 in personal injury protection.

Discounts

Drivers in the state can take advantage of fantastic discounts to lower car insurance premiums. Here are just some of the discounts you can ask for when applying for your insurance.

• Multiple cars on one policy
• More than one insurance policy with a carrier
• Retirees
• Good students
• Air bags, anti-lock brakes and other safety features
• Being accident-free and violation-free for several years
• Driving a hybrid car
• Having a student of driving age that is away at school and not living in the home
• Prepayment discounts are available if you pay for your entire policy upfront.

Programs

There are also many programs that you can take advantage of. They are not offered by all companies, but here are some of the programs you can watch for when getting quotes.
• Accident forgiveness – Go more than a few years without any accidents or violations and you can take advantage of this program. When you do have an accident for the first time in ages you won’t have to face an automatic rate hike.
• Deductible Reductions – Many companies are now offering deductibles that automatically lower for every year you don’t file a claim or cause an accident.
• New Car Replacement – Some companies also offer programs that will replace your car with one that is slightly newer should it be totaled in an accident.

Providers

There are several companies that are licensed to offer insurance in the state of Utah. Here are some of the nationally recognized companies that are licensed to provide services in the state. All providers listed here have storefronts on the Internet where you can get accurate quotes in just a few minutes.

Farmers
Esurance
Travelers
Geico
State Farm
21st Century
USAA

In addition to the discounts offered through many of these companies, you can also save money by choosing a higher deductible. You do not want to scrimp on the coverage levels in order to enjoy lower premiums as this can leave you unprotected in a lawsuit or unable to pay medical bills.


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