UPDATED 04/26/2026
According to KSL TV, homeowners insurance is still rising at a “troubling rate” here’s a recent news article about the increases: Home insurance premiums in Utah rising at a ‘troubling’ rate – KSLTV.com
Using numbers from the National Bureau of Economic Research and Corelogic, here are the numbers for the most populated Utah counties:
Increases in home insurance premiums among Utah counties:
| County | Insurance % Increase 2020 to 2023 | Median home insurance premium in 2020: | Median home insurance premium in 2026: |
| Salt Lake | 51 | 1,045.42 | 1,578.57 |
| Davis | 57.6 | 923.11 | 1,454.83 |
| Utah | 71.6 | 872.34 | 1,497.01 |
| Weber | 86.4 | 886.02 | 1,651.45 |
| Summit | 96.8 | 1,437.38 | 2,829.61 |
| Wasatch | 69.1 | 1,038.52 | 1,756.08 |
We are fortunate here in Utah to have some of the most affordable homeowners insurance in the nation. According to the National Association of Realtors, the average cost of a homeowners policy in Utah is $1541.00 annually or about $128.00 per month.
These figures are based on a very typical Utah home which is 1000 square feet above grade and 1000 square feet in the basement for total finished square footage of about 2000. If you multiply that by a conservative $175.00 per square foot, that’s $350,000. You would need to add for a garage and if the home has above average finishes or other features the cost per square foot can increase drastically. (this is based on 2026 average cost to rebuild a home in Utah.)
What is causing homeowners insurance to go up?
There are two primary factors driving the large increases in property insurance, 1) Inflation. Property insurance companies are still catching up to the highest inflation we have seen in 40 years. And 2) Global Warming. There are simply more storms than there used to be, the planet is heating up, and we are seeing the results. Add to that a steep cost for re-insurance and you get dramatically increasing homeowners insurance prices.
For the most affordable home insurance from top rated companies, reach out to an Anderson Insurance Group agent today.
Here are the links for additional information and the data used in this article:
Home insurance premiums increase heavily in some Utah counties
States Where Home Insurance Costs Are Surging Highest
Five Things not covered by Homeowners Insurance | Anderson Insurance Group