Salt Lake City, UT Auto Insurance Rates, Quotes, Agents & Reviews
Zimlon, through its research, found that car owners in Salt Lake City, UT, can avail multiple discounts on car insurance by taking various factors into consideration. These factors are explored in detail by Zimlon in the analysis below.
Insurance average of used cars rises as median price dips in Salt lake City
The average insurance premium of used cars in the state of Utah is $ 1438 per annum. Salt Lake City is the capital as well as the largest city of the state. It has an average insurance premium of $ 1238 per annum. In the analysis below we compare the insurance average and median price of eight car models in Salt Lake City.
The Ford F-Series which has been in the market for over six decades now has the highest median price ($ 29959) but records the lowest insurance average ($ 1070).
General Motors’ Chevrolet Silverado has the second highest median price ($ 27998) with an insurance average of $ 1083.
The highest insurance average is for Toyota Camry ($ 1337) but it has the lowest median price among all the models ($ 13687). It has the highest insurance percentage (9%) among the eight car models. Camry has a higher insurance average compared to Salt Lake City.
Toyota’s other model – the Corolla has an insurance average of $ 1105 and has a median price of $ 14993, which higher than Toyota Camry’s median price.
Comparing the models by the car manufacturers – the Accord, the Civic, and the CR-V, the CR-V has the highest insurance average and highest median price between the three cars. Below is a table comparing the three models by Honda.
| Model | Insurance average ($) | Median price ($) | Insurance percentage |
|---|---|---|---|
| Honda Accord | 1,198 | 15,000 | 7% |
| Honda Civic | 1,120 | 14,498 | 7% |
| Honda CR-V | 1,327 | 19,000 | 6% |
The Nissan Altima has two notable rivals: the Toyota Corolla and the Honda Civic. Among the three, the Altima has the highest insurance average ($ 1281) and highest median price ($ 15927).
The table below lists the car models with the least insurance average.
| Model | Insurance Average ($) |
|---|---|
| Ford F-Series | 1,070 |
| Chevrolet Silverado | 1,083 |
| Toyota Corolla | 1,105 |
The table below lists the car models with the lowest median price in Salt Lake City.
| Model | Median price ($) |
|---|---|
| Toyota Camry | 13,687 |
| Honda Civic | 14,498 |
| Toyota Corolla | 14,993 |
Factors that can influence the cost of car insurance in Salt Lake City, UT are listed below. It is imperative to understand these factors in order to reduce the cost of car insurance. It is also essential to strike a balance between the cost of insurance and the coverage requirements.
- Salt Lake City, UT Auto Insurance Rates
- Salt Lake City, UT Auto Insurance for Different Deductible
- How the Age of Driver Affects Insurance Rates in Salt Lake City, UT
- Multi Vehicle Insurance Savings in Salt Lake City, UT
- How Credit Score Affects Car Insurance Rates in Salt Lake City, UT
- How DUI Affects Auto Insurance Premiums in Salt Lake City, UT
- How Driving Violations Affect Auto Insurance Rates in Salt Lake City, UT
- Salt Lake City, UT Auto Insurance Discounts on Anti Theft Feature
Salt Lake City, UT Auto Insurance Rate Comparisons with Neighboring Locations | Back to Top
The following table compares the cost of insurance in Salt Lake City, UT with that of other cities in and around Salt Lake City.
| Salt Lake City | West Valley City | Murray | Salt Lake County | Midvale | Kearns | |
|---|---|---|---|---|---|---|
| Average Insurance Rates | $1,387 | $1,221 | $1,255 | $1,263 | $1,239 | $1,212 |
Salt Lake City, UT Auto Insurance Rates vary Based on Deductibles in Neighboring Cities | Back to Top
The following table makes a comparison of the variation in car insurance rates in and around Salt Lake City, UT based on the change in deductibles. A higher deductible leads to a decrease in the cost of car insurance.
| Location | Low Deductible ($500) | High Deductible ($1000) |
|---|---|---|
| Salt Lake City | $1,410 | $1,191 |
| Salt Lake County | $983 | $830 |
| Taylorsville | $1,159 | $979 |
| Murray | $2,120 | $1,790 |
| South Salt Lake | $1,587 | $1,341 |
| Midvale | $1,365 | $1,153 |
| Kearns | $1,112 | $940 |
| West Valley City | $1,582 | $1,336 |
Salt Lake City, UT Auto Insurance Rates Based on the Age of the Driver | Back to Top
Teenagers in Salt Lake City, UT usually pay a much higher car insurance rate compared to the rest of the state as they are generally considered to be less responsible behind the wheel. Middle-aged drivers are likely to pay lower car insurance premiums if they are considered to be safer drivers by insurance companies.
| Age of Driver | Insurance Cost |
|---|---|
| Teens | $4,501 |
| 20 Years | $1,782 |
| 30 Years | $1,373 |
| 40 Years | $1,321 |
| 50 Years | $1,223 |
| 60 Years | $1,240 |
| 70 Years | $1,443 |
Salt Lake City, UT Car Insurance Discounts for Multi-Car Insurance | Back to Top
Car owners in Salt Lake City, UT can obtain discounts if they insure multiple vehicles with the same insurer. The average savings one can obtain are as follows:
| Number of Cars | Auto Insurance Cost | Total Savings |
|---|---|---|
| 2 Vehicles | $2,358 | $416 |
| 3 Vehicles | $3,537 | $624 |
| 4 Vehicles | $4,716 | $832 |
Savings on 2 Vehicles bundle:$416
Savings on 3 Vehicles bundle:$624
Savings on 4 Vehicles bundle:$832
Salt Lake City, UT Post- DUI Auto Insurance Rates | Back to Top
Driving Under Influence (DUI) can be an added burden on your wallet. The cost of auto insurance will go up post-DUI. The below graph does a comparison of auto insurance rates before and after DUI in and around Salt Lake City, UT.
| Location | Average Insurance Cost | Post DUI Insurance Rate |
|---|---|---|
| Salt Lake City | $1,387 | $2,109 |
| Salt Lake County | $1,263 | $1,921 |
| Taylorsville | $1,234 | $1,877 |
| Murray | $1,255 | $1,909 |
| South Salt Lake | $1,222 | $1,858 |
| Midvale | $1,239 | $1,884 |
| Kearns | $1,212 | $1,843 |
| West Valley City | $1,221 | $1,857 |
Salt Lake City, UT Auto Insurance Rates Based on Credit Score | Back to Top
Car insurance companies can use the Credit Score of car drivers to determine car insurance rates. Car drivers with good credit can avail of substantial discounts on car insurance rates.
| Credit Score | Insurance Cost |
|---|---|
| Exceptional (800-850) | $1,190 |
| Excellent (740-799) | $1,358 |
| Good (670-739) | $1,445 |
| Average (580-669) | $1,886 |
| Poor (300-579) | $2,262 |
Salt Lake City, UT Auto Insurance Rates can Increase Based on Driving Violations | Back to Top
Auto insurance rates tend to increase depending on the type and number of driving violations. The driving violations can stay on the record for a considerable amount of time leading to higher auto insurance rates. The severity of the driving violation and place of residence will determine how long the violation stays on record.
| Driving Violation | Cost Increase | Total Insurance Cost |
|---|---|---|
| Driving Without Headlights | +$61 | $1,448 |
| Driver's Failure In Showing Documents | +$135 | $1,522 |
| Driving With An Expired Registration | +$143 | $1,530 |
| Driving At A Considerably Slow Pace | +$301 | $1,688 |
| Using A Cellphone While Driving | +$318 | $1,705 |
| Running A Red Light | +$323 | $1,710 |
| Speeding | +$340 | $1,727 |
| Driving A Vehicle Without The Required Permission | +$431 | $1,818 |
| Driving With An Expired/Suspended License | +$935 | $2,322 |
Salt Lake City, UT Auto Insurance Rates Based on Anti-Theft Feature | Back to Top
Cars that are equipped with safety devices are less prone to thefts. As a result, auto insurance companies provide a considerable amount of discounts to vigilant car owners. The discounts vary depending on the type and number of safety devices installed.
| Anti Theft Feature | Insurance Cost |
|---|---|
| Audible Alarm | $1,332 |
| Active Disabling Device | $1,332 |
| Tracking Device | $1,304 |
| Passive Disabling Device | $1,290 |