Despite Utah being one of the biggest states in the U.S., most Utah residents are clustered to the north or south of Salt Lake City. The state can see severe snow storms, as well as wildfires during the summer. If you live in Utah, you should consider buying a home insurance policy to protect your house from these perils.
Utah residents may also suffer floods – a typical home insurance policy won’t cover flood so if you live in an area that’s prone to flooding, you may need to buy an additional flood insurance policy through the federal National Flood Insurance Program.
Comparing Utah Home Insurance Rates
One of the biggest mistakes new homeowners make when they’re shopping for home insurance is to only get one insurance quote.
Insurance is a highly competitive industry and experts recommend that you get quotes from at least five or six different insurers.
Here are five tips for getting the best home insurance rate:
1. Always confirm the company and agent are licensed in Utah and are legally registered to sell home insurance policies.
2. After submitting an online application, request that the company return a copy to you.
3. You should receive your home insurance policy within 30 days. If not, contact the company by phone.
4. The company should immediately provide a receipt for any payments listing the policy number, payment date, and insurance company name.
5. Take the time to thoroughly read your policy. Do not hesitate to contact the agent or insurance company if you find something you don’t understand.
How to Create a Home Inventory
Insurance policies are highly detailed and can provide a wide variety of coverage. There are also many items that may not be included. You have a lot to say in how much coverage you want to buy and it’s in your best interest to invest the necessary time to go through all the options.
One of the best things you can do is create a home inventory checklist. From this, both you and your insurance company can have an exact record of what is and isn’t covered in case you need to make a claim.
1. Start with a checklist.
2. Go through your home, garage, attic, basement, and anywhere else you store your possessions.
3. Take photos or video of each room with everything of value displayed.
4. Don’t forget valuables that you may have hidden in a safe or tucked away in drawers.
5. Make sure your insurance company has a copy of your inventory, photos and videos.
Frequently Asked Questions About Utah Home Insurance
Here are some of the questions Utah homeowners often ask insurance companies about home insurance:
1. Do homeowner’s policies cover damage from water inside the home?
Yes, if the damage was from internal plumbing or wall and roof leaks. If rising water from a flood caused the damage, only a separately purchased flood insurance policy would cover your claim.
2. How much should my deductible be?
It depends on your budget and potential for a claim. A higher deductible means a lower premium, but it may not be worth it if you live in an area which runs a high risk of suffering a natural disaster or theft.
3. Does the actual date of construction of my home make any difference?
Yes, since newer construction typically uses safer materials and the construction company likely built according to modern building codes. A newer home may lead to a lower home insurance premium.
How to Get Great Rates on Utah Home Insurance
Has it been a while since you shopped for homeowner’s insurance? Is so, loyalty doesn’t always pay because prices vary from insurer to insurer. Another company may offer you a much better deal. Looking for home or renter’s insurance quotes? insuranceQuotes.com can help you find the best homeowner’s or renter’s insurance policy at the best price. Every year, we match 15 million consumers to the nation’s biggest home insurance companies, including Allstate, State Farm and Farmers.
Utah Home Insurance Resources
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