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When it comes to car insurance, Salt Lake City drivers can expect to pay an average premium of $622 per year for minimum coverage and $1,442 per year for full coverage. Although a minimum coverage policy is less expensive, experts often don’t recommend it to most drivers, given the limited coverage it offers.

However, Salt Lake City drivers can find an affordable policy without settling for minimal coverage. To help you find the cheapest car insurance in Salt Lake City, Bankrate has researched and compared providers using our unique methodology. According to Bankrate’s 2021 Rated Annual Premium Study, USAA offers the most affordable auto insurance in Salt Lake City.

Best Cheap Car Insurance Companies in Salt Lake City

The cheapest auto insurance companies in Salt Lake City are USAA, Geico, Allstate, State Farm, and American Family, according to our Quadrant Information Services rate study.

After evaluating average rates pulled from Quadrant Information Services, Bankrate reviewed each Utah auto insurance provider and assigned a five-point bank rate score. Bankrate scores are calculated based on factors such as affordability, accessibility, financial strength, online and mobile resources, and complaints handling.

When comparing the best auto insurance companies in Salt Lake City, it’s valuable to get sample quotes and compare costs. However, you might also want to pay attention to features like coverage options, discounts, and customer service, if those are priorities for you. Keep in mind that the best provider for your needs may not have the cheapest rates.


Based on our sample premiums, USAA offers the cheapest rates for full coverage and minimum coverage in Salt Lake City. Besides being one of the cheapest car insurance companies, it is also one of the highest rated. USAA received a perfect Bankrate score of 5.0 and has the highest overall customer satisfaction rating from JD Power in the Southwest region. However, the company is technically classified as ineligible because you must be an active or retired military service member or qualified family member to obtain USAA auto insurance.

Learn more: USAA Insurance Review


Geico is the second cheapest Salt Lake City car insurance company on our list, with average rates slightly more expensive than USAA. Geico’s Bankrate score of 4.7 reflects the company’s low average rates and large discount potential. Geico offers savings opportunities for military personnel, good students, federal employees, members of affinity groups, vehicle security devices and more. However, Geico only offers a few add-on coverages, and it was rated below average for overall customer satisfaction by JD Power.

Learn more: Geico Insurance Review


Allstate might be a good insurance company for some drivers, but it had the lowest exchange rate score among the five Salt Lake City insurance providers on our list. Allstate’s rates are a little above average and the company has a lower customer satisfaction rating than the JD Power average. However, it does offer good potential discounts and sells a variety of add-on coverages, like new car replacement, accident forgiveness, and deductible rewards. Therefore, Allstate can be a great option if you want to customize your policy for more protection.

Learn more: Allstate Insurance Review

state farm

State Farm is the nation’s largest auto insurance provider by market share. It was the second runner-up in JD Power’s study of the top car insurance providers for overall customer satisfaction in the Southwest region. State Farm’s Bankrate score of 4.7 reflects the company’s excellent third-party ratings and potential discounts, with generous savings opportunities for good students, policy bundling, safe drivers and more. However, State Farm fares are much higher than the average for Salt Lake City.

Learn more: State Farm Insurance Review

American family

American Family is a strong auto insurance company across the board, according to our research. It offers excellent coverage options, good potential discounts, and has excellent third-party ratings. JD Power named American Family the top auto insurance company for overall customer satisfaction in the Southwest region, earning first place among 12 companies. However, if you are looking for cheap car insurance companies, American Family may not be the best choice. It has the highest average rates among the five providers on our list.

Learn more: American Family Insurance Review

How to Get and Keep the Cheapest Car Insurance in Salt Lake City

Most Salt Lake City drivers should be able to find an auto insurance policy that fits their budget. But auto insurance rates aren’t locked in forever. Changes to your driving record, credit score, and claims history can all cause your rate to increase when your policy renews. Here are some tips for getting a cheap policy, and most importantly, keeping rates affordable over time:

  • Get multiple quotes. Car insurance providers differ in several ways, one of which is cost. Some insurers offer cheaper rates than others, so it’s important to get personalized quotes from several companies and compare them to find the most affordable company for your situation and coverage needs.
  • Adjust your coverage as your vehicle ages. To keep your insurance premium low, consider adjusting your coverages as your vehicle ages. For example, when the cost of your annual premium plus your deductible is more than the value of your vehicle, it may be time to ditch your collision and all risk coverage, which will lower your rate.

Frequently Asked Questions


Bankrate uses Quadrant Information Services to analyze 2021 rates for all zip codes and carriers in all 50 states and Washington, D.C. Rates shown are based on a 40-year-old male and female with a clean driving record, good credit and the following complete information coverage limits:

  • Civil liability of $100,000 in bodily injury per person
  • Civil liability of $300,000 in bodily injury per accident
  • Civil liability of $50,000 in property damage per accident
  • $100,000 uninsured motorist bodily injury per person
  • $300,000 uninsured motorist bodily injury per accident
  • $500 collision deductible
  • $500 aggregate deductible

To determine minimum coverage limits, Bankrate has used a minimum coverage that meets each state’s requirements. Our basic profile drivers own a 2019 Toyota Camry, commute five days a week and drive 12,000 miles a year.

These are sampling rates and should only be used for comparison purposes.

Discount rate score

Exchange rate scores primarily reflect a weighted ranking of industry standard ratings for financial strength and customer experience, in addition to analysis of annual premiums quoted by Quadrant Information Services, covering all 50 states and Washington, D.C. DC We know it’s important for drivers to feel confident that their financial protection covers the most likely risks, is priced competitively and is provided by a financially strong company with a track record of positive customer support.

In determining how well the top auto insurance companies meet these priorities, third-party agency ratings from JD Power, AM Best, S&P, NAIC, and Moodys had the most impact on the companies’ currency scores. . Since price is a common consideration for drivers, we analyzed quoted premiums based on 40-year-old male and female drivers with a 2019 Toyota Camry. This profile, evaluated on over 35,000 U.S. zip codes, has provided a basis on which drivers can compare each supplier.

While coverage options, insurer availability, affordability and customer experience are often top priorities, Bankrate also analyzed each insurer’s online and mobile resources for managing policies and handling claims. Insurance is changing rapidly to keep pace with our digital world, so these aspects have also weighed in determining the exchange rate scores.

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