Salt Lake City Home Insurance

Back in 1965, the Beach Boys released an entire song dedicated to Salt Lake City. In it, they highlighted everything Salt Lakers know and love about the area, from its hot summers to powdery winters. While the ’60s may seem like a lifetime ago, many residents will tell you that SLC has only gotten better since then.

In the 50-plus years since that song’s release, SLC has worn many different crowns. It was recently named one of the best cities for soccer fans in the country and is also known as a LGBTQIA+-friendly mecca. Interested in seeing all that Salt Lake has to offer? We thought so. That’s why we created this guide to Salt Lake City home insurance.

How much is home insurance in Salt Lake City?

Home insurance in Salt Lake City averages $1,040 a year, according to Insurance.com. While this may seem like a far cry from Utah’s home insurance average of $778, SLC residents are still getting a bargain, paying $160 less on average than everyone else across the nation.

Needless to say, Salt Lake City is a pretty affordable place to get a home insurance policy. In fact, the daily costs break down to about a cup of coffee a day, as you can expect to pay a little less than $3 a day for a policy and over $3 for a latte at SLC’s famous Coffee Garden.

What influences my home insurance rate?

When you begin shopping for home insurance quotes in the Crossroads of the West, don’t be concerned if your home insurance prices vary. While $1,040 is the city-wide average, your actual home insurance price will vary based on your home’s age, location, size and current condition. Other factors that influence price include your credit score, insurance score and financial history.

What does home insurance in Salt Lake City, UT cover?

Though Salt Lake City may be “different by nature” — their tourism slogan — when it comes to home insurance, their policies are pretty standard. Home insurance in Salt Lake City, UT, covers your dwelling, your personal property and even your liability. That means if snow builds up on your roof and caves in on your closet, destroying your hiking boots and ski gear, your policy would likely cover the costs to repair your roof and replace your belongings.

While any home insurance policy you buy in SLC will be pretty straightforward, there are some things that won’t be covered. That’s where insurance riders come in handy. Insurance riders, or optional add-ons to your policy that help extend your protection, come in many forms. You can get extended replacement cost insurance to ensure you have enough coverage when rebuilding, or hazard insurance to protect your property and belongings from hazardous damage. To figure out what insurance riders are best for your needs, chat with your insurance agent.

Considerations for SLC residents

While you don’t need to worry too much about tornadoes in Salt Lake, that doesn’t mean the area is free of severe weather hazards. Lightning, high winds and blizzards are all pretty common in Utah’s state capital, meaning you’ll need to take steps to mitigate the damage these events can cause on your home.

First, you’ll need to make an emergency preparedness kit to be prepared for anything that comes your way. It’s also a good idea to update your home to stand up to winter weather, hail and fall floods so you can rest easy knowing your home can handle each and every season.

How to lower your home insurance premium in SLC

While the elevation may be high in SLC, the home insurance prices aren’t. But that doesn’t mean you don’t still deserve to save some money on your premiums. Thankfully, saving money on your home insurance premium can be as easy as installing smart home devices to monitor your home’s health and protect it from intruders. Some providers — like us — will even provide smart home kits when you purchase a policy in addition to offering various discounts.

If you’re looking to save even more, maybe for a brewery tour or a trip to the slopes, you have additional options. Other ways to lower your premiums include keeping up with monthly home maintenance, bundling your policies, getting a new appraisal every few years and/or upgrading your home’s internal systems. Just make sure to notify your provider of these changes so any changes to your rate can go into effect as soon as possible. 

Whether you moved to the City of Saints for the slopes, the culture or to cheer on the Utah Jazz, if you bought a home, you’ll need homeowners insurance. Give us a call to learn all about how our policies can elevate your home’s protection.