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84118 Home Insurance Quotes & Rates

Currently, the 11,311 homes within the 84118 zip code are being challenged with rate increases and the demand for more affordable homeowners insurance premiums. The average home insurance rate for Utah is around $591 per year for a standard HO-3 homeowners policy. A standard homeowners policy in Salt Lake City, UT, insures your home from theft, fire, windstorm damage and liability accidents on your property. Flood or earthquake damage is not covered under a basic homeowners policy, we can help you review the best coverage option for your home in 84118.

Utah is now ranking #49 in the country for the highest premiums. If you are trying to lower your premium and want to compare up to 12 Salt Lake City home insurance quotes all in one place then GetHomeInsuranceQuotes.com of Utah has the online shopping service for you. Our hassle free online quoting application allows homeowners in the 84118 area to review and compare the best rates and coverage options. We can provide a free consultation process to help you decide which carrier, coverage and policy is the best fit for you and your family. We realize that protecting your most valuable investment is very important to you, that is why we want to help you increase your coverage while providing the most affordable rates available. Let us help you shop and compare your Salt Lake City, Utah home insurance rates today!

Please give us a call now at 1-855-976-2656, easily get up to 12 rates over the phone in minutes. For Salt Lake City, UT Home Insurance Quotes, start your shopping process to today, it's easy and hassle free!

84118 Home Insurance Average Premiums

Local 84118 homeowners insurance quotes comparison

$341 /yr.

Shows Zip Code: 84118 lowest rates with discounts applied on average.

For the 84118, homeowners insurance rates may vary on deductible, coverage amount and property details. Below is a list of the averages based on the cost of an annual home insurance premium.

Coverage Amount:Annual Premium
1800 sq. ft. or below
(discounts applied)
$341 /yr.
Average Coverage:$591 /yr.
2600 sq. ft. or higher
(all discounts applied)
$891 /yr.

What is the average home insurance cost for a home in 84118?

  • • The average homeowners insurance premium paid annually for a home in 84118 is around $591 per year.

What does it cost on average per month for home insurance in 84118?

  • • Homeowners in 84118 pay a monthly average cost per month around $49.00.

What kind of discount could I get if I combine my home and auto insurance together in 84118?

  • • Autoowners in 84118 can receive a 20% to 25% discount if they own a home and would like to group or bundle their car and home insurance together with one insurance company.

For shopping home insurance rates within the Salt Lake City area, check out other zip codes nearby 84118.
Review average rates in another zip code:
84109 homeowners insurance rates
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84106 homeowners insurance rates
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84112 homeowners insurance rates
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84117 homeowners insurance rates

Home Replacement Cost Coverage in 84118

Average Building Cost Per Square Foot in 84118: $189

Location: Salt Lake City, Utah (Salt Lake County)

Average Square Footage in 84118: 1,313 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 84118 before you start any project. Salt Lake City homeowners pay on average around $189 per square foot to build a home. Another great reason to know the average cost to build is for your homeowners insurance policy. A standard homeowners policy will help you cover the replacement cost of your home due a fire or any other named perils on your policy. Calculating your dwelling coverage for your home in 84118 is extremely helpful when estimating how much replacement cost coverage you need. We highly recommend that you have enough dwelling coverage to rebuild your home if it was destroyed by a covered peril.

Here is how you determine your replacement cost. If we take an average home in 84118 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,313 sq. ft. and the average cost to rebuild the home in this area is around $189 per square foot would be considered a base estimate cost. These two numbers would allow us to generate the replacement cost needed for an average size home in the Salt Lake City area. If the home is new or has been upgraded, you will want to add $50 to $100 or more per square foot to equally cover the replacement cost to restore a home back to it's original condition.

Home Improvement StatusPrice per Sq. Ft.Square FeetDwelling Coverage
Basic Home Features$1891,313$248,100
Additional Upgrades & Added Features$2361,313$310,125
Major Home Updates or Advancements$2841,313$372,150

It's important to understand that when you estimate your replacement cost of your home in the 84118 zip code area, it will be the cost to replace the structure of your home, not the additional value of the property that is factored in when purchasing a new home.

Best Homeowners Insurance Agencies in 84118

Best Home & Auto Insurance Agencies in 84118

Richard W Brunson Ins Agcy Inc - State Farm Insurance Agent

Address: 2132 W 5400 S Taylorsville, UT 84118
Phone:
Website: http://www.statefarm.com
Info: State Farm - Car Insurance Quotes - Save on Auto Insurance
State Farm offers more discounts to more drivers than any other insurance company. Get a free quote today and see how you can save on auto, home, life and more. State Farm, auto insurance, car insurance, home insurance, homeowners insurance, renters insurance, life insurance, health insurance, annuities, mutual funds, banking, car loans, credit cards, Visa gift cards

Voigtlaender- Klaus K - State Farm Insurance Agent

Address: 3856 W 5400 S, #101 Taylorsville, UT 84118
Phone:
Website: http://www.statefarm.com
Info: State Farm - Car Insurance Quotes - Save on Auto Insurance
State Farm offers more discounts to more drivers than any other insurance company. Get a free quote today and see how you can save on auto, home, life and more. State Farm, auto insurance, car insurance, home insurance, homeowners insurance, renters insurance, life insurance, health insurance, annuities, mutual funds, banking, car loans, credit cards, Visa gift cards

Seth Porter Ins Agcy Inc - State Farm Insurance Agent

Address: 4922 W 6200 S Salt Lake City, UT 84118
Phone:
Website:
Info:

Housing Demographics for 84118

Population Review for 84118 Zip Code

For the city of Salt Lake City, the population within 84118 has increased to over 41,237 residents in population size. The current population total is 41,493. We have broken down the population based on race below. In 84118, there are over 21107 in male population and 20386 females.

PopulationValues
Total Population41,493
White Population22353
Black Population601
Hispanic Population16892
Asian Population1239
Hawaiian Population1267
Indian Population768
Other Population9271
Male Population21107
Female Population20386
Population Estimate41237

Household Data for 84118

The average number of homes in 84118 is around 11,311, there are an average of 3.66 per household. The average house value according to local real estate values is around $248,100. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode11,311
Persons Per Household3.66
Average House Value$248,100
Income Per Household$76639
Median Age30.6
Median Age Male30.0
Median Age Female31.2
84118 DetailsValues
StateUT
State Full NameUtah
City TypeP
City Alias AbbreviationSALT LAKE CTY
Area Code801/385
CitySalt Lake City
City Alias NameSALT LAKE CITY
CountySalt Lake
County FIPS035
State FIPS49
Time Zone7
Day Light SavingY
MSA7160
PMSA
CSA482
CBSA41620
CBSA_DIV
CBSA_TypeMetro
CBSA_NameSalt Lake City-Murray, UT
MSA_NameSalt Lake City-Ogden, UT MSA
PMSA_Name
RegionWest
DivisionMountain
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses515
Number Of Employees6676
Business First Quarter Payroll62235
Business Annual Payroll263956
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population1124197
CBSA Division Population0
Congressional District02|04
Congressional LandArea39987.95|2550.35
Delivery Residential11267
Delivery Business190
Delivery Total14221
Preferred Last Line KeyZ16259
Classification Code
Multi-County
CSA NameSalt Lake City-Provo-Orem, UT-ID
CBSA_DIV_Name
City State KeyZ16259
Land Area12.984000
Water Area0.000000
City Alias Code
City Mixed CaseSalt Lake City
City Alias Mixed CaseSalt Lake City
Box Count328
SFDU6745
MFDU102
State ANSI49
County ANSI035
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number497786
Unique ZIP Name
SSA State County Code46170
Medicare CBSA Code41620
Medicare CBSA NameSalt Lake City, UT
Medicare CBSA TypeMetro
Market Rating Area ID3
County Mixed CaseSalt Lake

Utah Homeowners Insurance News & Information

  • 2025 – Study Shows Home Insurance Market Stabilizing Posted on Wednesday 11th December, 2024

    According to a new report from Matic, the homeowner’s insurance market has shown signs of stabilizing roughly two years after major premium hikes and coverage challenges.  Even though premiums are high, trends in the insurance industry show that a slowdown in premium growth may be coming. Here is a brief overview of the report and […]

  • What’s the average home insurance rate for a $300K home in 2024? Posted on Monday 9th December, 2024

    A recent report from Insurance.com found that the average homeowners insurance rate for a $300,000 in homeowners coverage hit $2,777 per year which breaks down to $231 monthly.  The cost of homeowners insurance in some states can be extremely expensive, for years Florida has been know to have the highest premiums in the nation. When […]

  • $4.5B Estimated In Insured Losses After 2024 Florida Hurricanes Posted on Wednesday 13th November, 2024

    According to the Florida Office of Insurance Regulation, the three hurricanes that made landfall this year have caused more than $4.5 billion in estimated insured losses. Hurricane Debby, Helene and Milton all hit the state within two months of each other Helene and Milton struck just two weeks apart. State data show that over 269,000 […]