Salem Insurance Rates:

Salem, UT homeowners insurance is about $425 to $578, about $35-$48/month. Our in depth research reveals consumers can save as much as $200 by comparing multiple quotes. Enter your zipcode below and click “GO” to get multiple free quotes.

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Top Home Insurance Agents Near Salem, UT

Home Insurance Company Near Salem, UT Homeowners Insurance Agency Near Salem, UT Address
State Farm Deann Fountaine 11451 S 700 East, Draper, UT, 84020-8204
Farmers Frederick "Fred" Gano 11483 S State St Ste C, Draper, UT, 84020
Liberty Mutual Joshua Walpole 764 E. Winchester Street Ste 100, Salt Lake City, UT, 84107
Allstate Ken Garff Insurance Agency 4175 W 3500 S, West Valley City, UT, 84120
Farmers Scott Whitey Taylor" 2760 Rasmussen Rd Ste 203, Park City, UT, 84098

 

Salem, UT Auto & Homeowners Insurance Bundling Discounts

Place 1 Car Bundle Savings On Insurance 2 Car Bundle Savings On Insurance 3 Car Bundle Savings On Insurance
Spanish Fork-Payson CCD, Utah County, Utah $74 $98 $147
Woodland Hills city, Utah $80 $106 $159
Elk Ridge city, Utah $77 $102 $153

 


Salem, UT Area Home Insurance as a % of Housing Cost

PlaceHome insurance as a % of housing cost for homes with mortgageHome insurance as a % of housing cost for homes without mortgage
Salem, UT2.7%10.4%
Spanish Fork-Payson2.81%11.22%
Woodland Hills1.92%7.45%
Elk Ridge2.37%7.99%

Salem Renters Insurance as a Percentage of Rent

Salem Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
$500 to $749 85 42.0% $1906
$750 to $999 44 21.0% $2656
$1,000 to $1,499 41 20.0% $3781
$1,500 or more 31 15.0% $5431

Cost Of Homeowners Insurance By Street Near Salem, UT

Streets in Salem Area Homeowners Insurance Cost
Sage Ln, N Powell Way, E Fremont Way, Arrowhead Trl, 980 S, W Hudson Ln, 225 W, S 1700 West St, W Coleys Cove, S River Ridge Ln$522
E 10000 S, W 8600 S, E 9200 South St, S Covered Bridge Dr, S River Side Ln, W Salem Hills Dr, Douglass Dr, E 7650 South St, W 10800 S, E 8800 South St$504
N Nelson Ln, W River Side Ln, S Clark Ln, W 11600 S, S 2200 West Rd, S 1400 West St, Oak Ln, Oak Haven Cir, Grandview Cir, S Payson Canyon Rd$518
Maple Ln, S Oak Ln, Star Ln, S 400 W St, Spanish Oaks Dr, S Canyon View Dr, N Magellan Ln, W 8000 South St, 900 E, Pineview$519
E Hazel Dr, Oak Dr, W Southfield Rd, E Lakeview Way, E Powerhouse Rd, W 1050 S, Woodland Hills Dr, Loafer Canyon Rd, Lakeview Way, Covered Bridge Dr$520

Salem, UT Home Insurance Savings For Senior Occupied Homes

PlaceSavings For Senior Occupied Homes
Salem$74 to $77
Spanish Fork-Payson$74
Woodland Hills$80
Elk Ridge$76

Salem, UT Home Insurance Costs With Deductible Scenario

Low DeductibleHigh Deductible
Deductible$600$1,600
Yearly Salem Homeowner Insurance Premium Example $800$600
Out of Pocket Expense During Claim$600$1,600
Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim $7,000$6,400
Net Savings to Salem Home Owner from High Deductible Plan $600

 


Salem, UT Home Insurance Costs With Home Replacement Value Scenarios

Scenario Salem, UT Home Replacement Value MORE than Home Value Salem, UT Home Replacement Value LESS than Home Value
Replacement Value $398,000 $222,000
Insurance Premium based on Replacement Value $1,350 $750
Risk Exposure from Under Insuring Coverage Unnecessary Home Insurance Coverage of $86,500 Risk Exposure from Under Insuring Coverage is $89,500
Premium Impact Insurance cheaper by $300/year Insurance costlier by $300/year

 


Example Salem Homeowners Insurance Comparison Table to Compare The Cheapest Quotes

Insurance Company Nationwide InsuranceFarmers InsuranceAmica Mutual Insurance Company
Monthly Premium 554980
Year Built 198020121963
Home Details 3 Beds, 1 Baths4 Beds, 1 Baths5 Beds, 2 Baths
Coverage Amount $250000-$300000$350000-$400000$350000-$400000
Deductible $5000 to $10,000 Deductible> $10,000 Deductible$500- $1000 Deductible