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Tag: Home Insurance

FILE - Rows of homes, are shown in suburban Salt Lake City, on April 13, 2019. Utah is one of two Western states known for rugged landscapes and wide-open spaces that are bucking the trend of sluggish U.S. population growth. The boom there and in Idaho are accompanied by healthy economic expansion, but also concern about strain on infrastructure and soaring housing prices. (AP Photo/Rick Bowmer, File)

Utah Homeowners Lose Insurance At A Higher Rate

(Salt Lake City, UT) — Utah homeowners are losing their insurance for nonrenewal at a higher rate than homeowners in any other state. It’s about half-a-percent higher than the nonrenewal rate in California. More fires and more homes being built close to forests are part of the reason. Several insurance […]

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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 […]

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