FILE - Homes in suburban Salt Lake City are shown, April 13, 2019. According to estimates released Thursday, Dec. 22, 2022, by the U.S. Census Bureau, the U.S. population grew by 1.2 million people this year, with growth largely driven by international migration, and the nation now has 333.2 million residents. (AP Photo/Rick Bowmer, File)

Utahns Are Spending More For Home Insurance

(Salt Lake City, UT) — Utah homeowners are seeing home insurance rates increase by at least 19 percent this year. A new study from S&P shows that Utah is third in line behind Texas and Arizona for these higher homeowner costs. Utah insurance commissioner Jon Pike says the cost of this kind of insurance started going up three years ago. His office data shows the first large increase was seven percent in 2021, with each year since showing residents paying a bigger bill.