Overview of Car Insurance in Utah.
Life goes crazy. Sometimes it feels like you barely have a moment to sit down and breathe at the end of each day. Finding the right auto insurance company may be the last thing on your mind.
But it shouldn’t be like that.
If you’re one of the more than three million people who currently reside in the state of Utah, finding the Utah auto insurance company that offers you the policy rates you’re looking for at the rates you need is one of your options. most important you can take. Will do in your driving life.
That, coupled with the fact that an estimated 8.2 percent of all drivers in the state of Utah are traveling without auto insurance, makes getting the right coverages more critical than ever.
When it comes to choosing auto insurance in Utah, the variety of companies and policy options can seem overwhelming. It’s hard to know which providers really live up to consumer expectations and which ones miss the mark.
If you’re tired of spinning your wheels searching for auto insurance companies in Utah, you’ve come to the right place.
Utah Auto Insurance Minimum Coverage Requirements
Bodily Injury Liability Coverage $25,000 per person and $65,000 per accident
Property Damage Liability Coverage $15,000 minimum
Personal Injury Protection (PIP) coverage $3,000 minimum
Let’s take a closer look at what these mean for you:
25,000 bodily injury liability coverage per person – to cover the costs of injuries sustained by an individual due to a collision you cause
$65,000 bodily injury liability coverage per accident – to cover the full costs of bodily injuries incurred by more than one person due to a collision you cause
$15,000 property damage liability coverage : to cover property damage incurred by other parties due to a collision you cause
$3,000 Personal Injury Protection (PIP) coverage : to cover the costs of medical expenses and other losses you incur as the result of an accident, regardless of who is at fault.
Utah is one of few states that adhere to the “no-fault” system. What this implies, is that if you get into unfortunate incidents like an accident, your PIP coverage will pay for any losses you incur because of medical bills and other related expenses up to and until your policy limits are exhausted. You must turn to your PIP to cover these types of expenses, whether you were responsible for the accident or not.
The no-fault arrangement does not apply to property damage claims. If your automobile sustains property damage due to an mishap for which you were not liable, you can still pursue a vehicle claim against the offending party.
Drivers must maintain no-fault insurance if:
The owner/operator of the vehicle is a resident of Utah
The owner/operator of the vehicle does not reside in Utah but operates a car that has been physically in the state for 90 days out of the previous 365 (in this case a non-resident vehicle owner is only required to maintain the no-fault insurance as long as the vehicle is in the state)
This also means that due to the no-fault system Utah adheres to, you won’t be able to file a claim against the at-fault party for monetary damages or pain and suffering you incurred from an accident unless you meet a certain threshold.
If you are in a car accident for which you are not at fault and want to get out of Utah’s no-fault system, you must meet the following thresholds:
You must have incurred at least $3,000 in medical expenses due to the collision, OR
You must have suffered a qualifying injury, dismemberment, permanent disfigurement, permanent disability, or permanent disability.
If you sustained injuries that meet one or both of the above criteria, you may be able to go beyond the no-fault PIP coverage on your policy to make a claim against the at-fault driver.
It is imperative to understand that if you are ever involved in a collision in the state of Utah for which you are responsible, and the injured party or parties incur damages that exceed your coverage limits, your personal property could be at stake.
It is strongly recommended that you consider purchasing Utah auto insurance coverage above the state-required minimums to ensure your assets are insured.
How to get affordable car insurance in Utah
Based on their needs drivers can start looking for the most affordable insurance providers that can cater to those needs in the best way possible at the highest level of consumer satisfaction. There are also several other things drivers should consider when searching for affordable car insurance:
Compare rates: When researching insurance providers, get quotes from several different car insurance companies and compare them. By comparing rates from multiple providers, you will likely be able to determine which company will be your cheapest option based on the type and amount of coverage you need.
Seize convenience of Multi-Car Discounts: Provided you secure a quote from an automobile indemnity company to guarantee a single vehicle, you might end up with a higher offer per vehicle than If you insure multiple cars with the same insurance company, you will probably qualify for a multi-car discount. This type of discount is an fine way to cancel the monetary value of insuring multiple vehicles.
Pay in full: Provided you can accommodate paying your yearly insurance premium upfront, you can likely gain a little abatement on your insurance. Most insurance companies also give discounts for paying bi-annually or everyquarter, rather than monthly.
Raise the deductible: Having a higher deductible will reduce your monthly premium. Nonetheless, raising the deductible may bring about your out-of-pocket costs for a claim to be higher. It is important for drivers to cautiously contemplate the trade-offs and their needs before deciding whether this alternative works best for them.
Improve Your Credit Rating: A driver’s history is obviously an important detail in determining auto insurance costs. After all, it makes sense that a driver who has been in a lot of accidents particularly at-fault accidents could cost the insurance company a lot of money. Most auto insurance companies use your credit score in the mix when assessing your rates. It’s interesting to note how bad credit vs. fair vs. good credit rates vary widely by auto insurance company in Utah. Take State Farm, for example. They charge consumers with bad credit about $5,000 more in annual premiums than those with good credit. That is a big difference!