Orem Insurance Rates:

Orem, UT home insurance is about $420 to $570, about $35-$47/month. Our detailed guide indicates shoppers can save as much as $198 by comparing different quotes

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Orem, Utah Homeowners Insurance Reviews reveal the good & the bad so that you can compare the cheapest quotes from the best

Orem Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
Amica Mutual Insurance Company
Home Insurance Rate of $410/7 months for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $200,000

3 Beds, 3 Baths 2040 sqft Seasonal Residence Constructed In 2001 with Carpet Flooring, Metal Roof, Slab Foundation, Brick siding, Metal Frame Construction. Home Features Include Central Air Conditioning, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

70 Years old Single Female who is Retired with household income of $25-50,000 and has No Pets and is a Non-Smoker

Additional Details :
  • 0-25% through paying our mortgage

  • 500-549 Credit Score

Home Insurance Rate of $280/9 months for $125000-$150000 Coverage
Policy Holder Home Details :

Home Value : $170,000

3 Beds, 3 Bath 1500 sqft Seasonal Residence Constructed In 1987 with Hardwood Flooring, Slate Shingles Roof, Piers Foundation, Fiber-Cement Siding, Stucco Construction. Home Features Include Fire Extinguisher, Central Air Conditioning, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

24 Years old Single Female who has a Full Time Job with household income of more than $150,000 and has 1 Pet and is a Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 550-599 Credit Score

  • Seniors staying at home

Home Insurance Rate of $370/9 months for $175000-$200000 Coverage
Policy Holder Home Details :

Home Value : $195,000

3 Beds, 3 Baths 1400 sqft Vacation Property Constructed In 1995 with Carpet Flooring, Slate Shingles Roof, Piers Foundation, Wood siding, Wood Frame. Home Features Include Fireplace, Fire Extinguisher, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

30 Years old Married Male who has a Full Time Job with household income of $25-50,000 and has 1 Pet and is a Smoker

Additional Details :
  • 0-25% through paying our mortgage

  • 800-850 Credit Score

  • Guests at home

Home Insurance Rate of $60/2 months for $175000-$200000 Coverage
Policy Holder Home Details :

Home Value : $200,000

3 Beds, 3 Bath 1820 sqft Primary Residence Constructed In 1982 with Stone Flooring, Wood Shake Roof, Crawl Space Foundation, Vinyl siding, Wood Frame. Home Features Include Swimming Pool, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

53 Years old Single Female who is Unemployed and has 3 Pets and is a Non-Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 650-699 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $200/4 months for $175000-$200000 Coverage
Policy Holder Home Details :

Home Value : $155,000

3 Beds, 3 Bath 1230 sqft Rental Property Constructed In 1986 with Linoleum, Shingles Roof, Crawl Space Foundation, Fiber-Cement Siding, Stucco Construction. Home Features Include Deadbolt Locks, Fire Extinguisher, Fireplace, Smoke Alarm, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

53 Years old Married Male who has a Part Time Job with household income of less than $25,000 and has 1 Pet and is a Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 600-649 Credit Score

  • Seniors staying at home

Home Insurance Rate of $110/5 months for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $265,000

3 Beds, 3 Baths 1910 sqft Vacation Property Constructed In 1984 with Carpet over wood flooring, Tile Roof, Crawl Space Foundation, Wood siding, Brick Frame. Home Features Include Deadbolt Locks, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

40 Years old Single Male who is a Freelancer with household income of $50-$75,000 and has More than 3 Pets at home and is a Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 800-850 Credit Score

  • Guests at home

Home Insurance Rate of $420/8 months for $250000-$300000 Coverage
Policy Holder Home Details :

Home Value : $220,000

4 Beds, 4 Baths 2170 sqft Rental Property Constructed In 2002 with Carpet over wood flooring, Wood Shake Roof, Piers Foundation, Brick siding, Metal Frame Construction. Home Features Include Deadbolt Locks, Fireplace, Indoor Sprinklers, Fire Extinguisher, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

30 Years old Married Male who is a Freelancer with household income of $75-$100,000 and has 1 Pet and is a Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 800-850 Credit Score

  • Seniors staying at home

Home Insurance Rate of $1050/10 months for $700000-$800000 Coverage
Policy Holder Home Details :

Home Value : $620,000

5 Beds, 5 Baths 4650 sqft Rental Property Constructed In 2003 with Linoleum, Shingles Roof, Crawl Space Foundation, Wood siding, Brick Frame. Home Features Include Smoke Alarm, Swimming Pool, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

27 Years old Divorced Female who is a Freelancer with household income of $25-50,000 and has No Pets and is a Non-Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 550-599 Credit Score

Home Insurance Rate of $140/3 months for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $280,000

4 Beds, 4 Baths 2780 sqft Primary Residence Constructed In 2007 with Wood Flooring, Asphalt Shingles Roof, Chainwall Foundation, Fiber-Cement Siding, Brick Frame. Home Features Include Indoor Sprinklers, Central Air Conditioning, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

55 Years old Married Male who is a Freelancer with household income of more than $150,000 and has More than 3 Pets at home and is a Non-Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 800-850 Credit Score

Orem, UT Home Insurance by Zip Code

Zip Code Median Home Value Median Homeowners Insurance
84097 $241,100 $500
84057 $193,600 $500

Orem Rates & Quotes Analysis:

Orem Area Estimated House Insurance
S 175 East St, W 10 N, N 75 East St, S 180 W, S 460 W, W 730 North St, 1250 N, E 835 North St, Alta Vista Dr, W 1428 S St$504
N 760 W, W 2000 South St, E 1165 North St, W Plant Ln, N 830 W, E 650 S, W 1400 S, 2880 W, E 1825 S, W 1435 S$496
S 590 E, N 2660 West St, S 650 E, N 235 East St, Gold River Cir, E 1636 North St, S 190 W, N 90 E, S 750 West St, E 4200 North St$514
N 710 W, Sandhill Rd, W 1070 N, N 2880 West St, River Ridge Ln, S 1490 W, W 1240 N, Gilbert Cir, S Vineyard Rd, W 1790 N$492
W 2950 N, E 1170 N, E 1700 South St, E 980 North St, N 1125 W, E 290 North St, E 4220 North St, E 1385 South St, E 1040 N, S 470 East St$491
N 270 East St, W 1140 N, N Marrcrest East St, S 680 East St, Artesia Rd, N 235 West St, S 890 E, N 970 W, E 260 North St, W 1720 North St$492
W 4500 North St, Riverwood Cir, E 1290 S, N 275 West St, N Stewart Rd, E 3900 North St, S 520 East St, 1275 S, N 490 E, S 1260 West St$493
S 1180 W, E 310 South St, Memo Dr, W 520 South St, W 1090 N, N 480 West St, W 1650 South St, S 1120 West St, N 520 E, 600$494
Austin Rd, E 780 N, W 4620 N, N 2700 W, W 490 S, E 4300 North St, 490 W, S Palisade Dr, N J St, W 980 South St$504
W 290 S, Kaibab Cir, W 1400 South St, Commerce Rd, E Scera Ln, E 780 North St, W 270 S, N 180 West St, W 980 S, S 260 W$494

Insurance rates are influenced by a number of factors including:

  • Year Built: 7,031 Homes (25% of total) built between 1970 to 1979 in Orem are paying home insurance between $802-$809 and differs from Lindon (+$42), Vineyard (+$10), American Fork-Pleasant Grove (+$26), Payson (-$10) and Rocky Ridge (-$13).
  • Bedrooms: 6,178 2 bedrooms homes (22% of total homes ) in Orem are paying about $243. Areas near to Orem such as Lindon, Pleasant Grove, American Fork-Pleasant Grove are costlier by $13, $7, $8 respectively whereas Rocky Ridge and Ophir are more economical by $4, $6 respectively for similar homes.
  • Auto Insurance Bundling: 6,399 Households (39% of all households) in Orem have 3 or more vehicles available and when it is bundled with home insurance you can save $123. Discounts for similar bundling in close by locations such as Provo-Orem, Lindon, Vineyard come to $123, $130, $125 respectively.
  • Senior Discounts: 7,288 seniors (more than 55 years) occupied housing units (44% of total) in Orem get discounts between $74 to $76. The comparative concessions in proximate regions such as Provo-Orem, Lindon and Vineyard are $74, $78 and $75 respectively.
  • New Homes discounts: New homes such as the 12,313 homes built between 2000 to 2009 in Orem can save $99 and similar new home insurance discounts in nearby towns and cities like Provo-Orem, Lindon and Vineyard are $99, $104 and $100 respectively.

Orem Homeowners insurance Facts

  • Orem, UT has 16,341 owner occupied houses which is 62.1% of all units whereas Provo-Orem, Lindon and Vineyard have 51.39%, 82.74% and 86.67% respectively.
  • Orem, UT homeowners yearly insurance price at $495 is 0.24% of the typical house value of $209,800 which is in contrast with 0.24% in Provo-Orem, 0.16% at Lindon & 0.21% in Vineyard.
  • Homeowners in Orem, UT pay 1.52% of their income ($30,000 to $34,999) in insurance whereas homeowners in Provo-Orem, Lindon and Vineyard pay 1.52%, 1.6% and 1.54% respectively.
  • Orem, UT’s insurance is 2.9% of monthly housing costs of $1,408/month, for owners with a mortgage compared to 2.93% in Provo-Orem, 2.06% at Lindon & 2.57% in Vineyard. But, for households without a mortgage, insurance is 11.1% of costs ($373 in Orem, UT) in contrast with 11.12% in Provo-Orem, 8.93% at Lindon & 10.76% in Vineyard.

Orem, UT Home Values & Insurance rates

For example, insurance for 2,229 Homes (14.0% of total homes ) valued between $150,000 to $174,999 in Orem, UT is about $381. Rates in nearby areas in such as Lindon, Vineyard, Pleasant Grove are cheaper by $131, $46, $36 respectively while Springville and Spanish Fork are costlier by $13 and $18 respectively for similar homes.

Orem, UT Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 601 3.0% $54
$100,000 to $124,999 955 6.0% $257
$125,000 to $149,999 1,223 8.0% $321
$150,000 to $174,999 2,229 14.0% $381
$175,000 to $199,999 2,251 14.0% $440
$200,000 to $249,999 3,849 25.0% $529
$250,000 to $299,999 1,851 12.0% $648
$300,000 to $399,999 2,054 13.0% $821

Renters Insurance in Orem

  • Average Renters Insurance in Orem :  $142($11/month)

  • Median Gross Rent in Orem :  $845

  • Orem Renters Insurance to Median Rent Ratio:  1.3%

  • Renter occupied housing units in Orem :  9,969

Orem Renters Insurance as a Percentage of Rent

Orem Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
$300 to $499 386 4.0% $1235
$500 to $749 2,857 30.0% $1910
$750 to $999 2,987 31.0% $2660
$1,000 to $1,499 2,403 25.0% $3785
$1,500 or more 747 7.0% $5435

Rent Affordability in Orem:

Approximately 46.0% (4,637) of households are spending more than 35% of their income on gross rent in Orem

Occupied units paying gross rent Total Households % of Total
Less than 15.0 percent 1,052 10.0%
15.0 to 19.9 percent 1,152 11.0%
20.0 to 24.9 percent 1,209 12.0%
25.0 to 29.9 percent 1,093 10.0%
30.0 to 34.9 percent 826 8.0%
35.0 percent or more 4,637 46.0%

Orem Renters Insurance Discounts:

Orem Renters Insurance Discounts by Number of Vehicles in Renter Occupied Housing Units

Number of Vehicles in Orem, UT Number of Housing Units % of Total Renters Insurance Insurance Savings by Bundling Auto Insurance
1 vehicle available 3,343 33.0% $14.2
2 vehicles available 4,305 43.0% $21.3
3 or more vehicles available 1,658 16.0% $28.4

Protective device discount in Orem Up to :  $21

Claims-free discount in Orem Up to :  $28