Lindon, UT Homeowners Insurance Rate Quotes!

Did you know Lindon, UT homeowners are now finding easier ways to compare home insurance rates online. At GetHomeInsuranceQuotes.com, we provide superior service when it comes to taking care of your insurance needs. Our online quoting application process has been trusted by thousands of homeowners like you who want a quick way to review and compare rates without any hassle. Our Utah licensed homeowners insurance professionals are here to help you compare multiple options and our convenient service allows us to answer the questions that you need to get the right coverage at the most affordable price. We provide the best rates from up to 12 or more different carriers that are all highly rated by A.M Best and we shop the policy with you so you know which Lindon insurance policy is best for you. Start your quote today by entering your Lindon zip code for the home you would like to insure!

Average Lindon Homeowners Insurance Premiums

Right now residence of Lindon are paying on average around $53 per month which most homeowners pay annually for homeowners insurance so you are looking to pay around $638 per year. If we can help you shop rates and apply discounts and credits, premiums can range from cheaper prices around $388 per year to upwards of $938 a year depending on the overall replacement cost coverage amount needed to rebuild your home if a major peril were to occur. Insurance coverage on a home can be complicated, but we try to help make the shopping easy.

When it comes to homeowners insurance there are a number of different types that are designed to cover the specific type of housing you call home. Here are just a few home insurance coverage types available in Lindon:

HO-3: A HO-3 policy is the most common type of homeowners insurance being written today. It offers coverage for all perils, excepting those that are specifically named in the policy as exclusions. Most policies for the city of Lindon have a number of exclusions but the most common ones are flooding and earthquake damage.
HO-5: The HO-5 is considered a premium policy and offers broader coverage than the HO-3. It covers your home, other structures, loss of use and your personal belongings as an “all perils” policy, which means that you are covered from everything except exclusions listed in the policy. The big difference is that all of your personal property is covered under the all perils coverage while a HO-3 limits property damage coverage to specially named perils. HO-5 policies can be significantly more expensive.
H0-6: This type of policy is specifically written to cover people who live in a condo or a co-op building. This policy type will protect your belongings as well as any structural components of the building that you actually own. The walls of your condo or apartment are examples. HO-6 policies are listed perils policies which means they only cover the perils listed on the policy.

Facts About Lindon Utah

The city of Lindon Utah currently has 10,070 residents that call it home. This number translates into 2,524 households in the area and each household has about 4 people. The median household income is $91,168, which is very close to the national median and home prices in Lindon average $401,900 making it a very affordable city to buy a house.

Lindon, UT Housing Demographics

The city of Lindon in Utah is roughly around 10,070 residents in population size with 2518 occupied homes within the city of Lindon. The average family household in Lindon is 2279.

Demographic	Values
Population	10,070
Total Occupied Households	2518
Family Households (families)	2279
Average Owner Occupied Household Size	4.08
Average Family Size	4.20
Total Housing Units	2602

Compare Homeowners Insurance Rates in Lindon, UT!

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Average Rates Nearby Lindon

Are you looking for homeowners insurance in a city near Lindon? Review coverage options and average rates in your area by clicking your city below. We can help you shop home insurance rates!

Home Insurance Rates by Zipcode in Lindon, UT

Easily review average rates and get multiple homeowners insurance quotes by clicking your zip code below located in Lindon.

84042,

Lindon, UT Home Insurance Average Premiums

Local Lindon, UT home insurance quotes comparison

$388 /yr.

Shows Lindon's lowest average rates with discounts applied.

For the city of Lindon, 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)	$388 /yr.
Average Coverage:	$638 /yr.
2600 sq. ft. or higher (all discounts applied)	$938 /yr.

What is the average home insurance cost for a home in Lindon, UT?

• The average homeowners insurance premium paid annually for a home in Lindon is around $638 per year.

What does it cost on average per month for home insurance in Lindon, UT?

• Homeowners in Lindon pay an average cost per month around $53.00 for insurance coverage.

Lindon, UT - 2023 Housing Information

Month	Current Home Value (2023)	Last Year Home Value (2022)
January	$695,863	$682,714
February	$692,857	$695,484
March	$691,884	$710,472
April	$689,107	$723,628

Homeowners insurance will help cover the cost to repair or replace your Lindon home if it is damaged or destroyed by a covered peril, up to your coverage limits. A homeowners policy is made up of a few different coverages. Here are the most common coverages:

Dwelling: This coverage will pay to repair or replace the structure of your home if it is damaged or destroyed. Review and Calculate Replacement Cost Coverage in Lindon
Liability: This coverage will help cover medical and legal bills if someone is injured in your home, slipping on an icy sidewalk for example. It also offers protection if you damage another person’s property, your child hitting a baseball through a neighbor’s window for example.
Contents: This covers the cost to replace your personal possessions that are destroyed by a covered peril. Furniture, electronics, clothing and household goods are excellent examples. Contents coverage is often capped at 50% to 70% of your dwelling coverage.
Other Structures: This coverage protects other structures on your property such as detached garages, outbuildings, barns, and sheds.
Loss of use: This covers everyday costs that you incur if you cannot live in your home while it is being repaired due to a claim. It will pay hotel and restaurant bills and even the cost of dry cleaning.

Get up to 12 competitive Lindon, UT homeowners insurance rates all in one place!

Saving Money Tips on Lindon Home Insurance

A great way to save money on Lindon homeowners insurance is to make sure you are getting all the discounts you are qualified to receive. Here are just a few of the most common discount’s insurers offer:

Bundling: If you purchase your home and auto (or any other insurance coverage) from the same insurer, you should get a bundling discount. Expect to save 20%-25%.
Secure your home: Adding a monitored security system, water leak sensors, deadbolts, and smoke detectors should result in a discount.
Impact resistant roof: If you are replacing your roof, consider impact resistant roofing materials which help prevent hail and impact damage as well as resulting in a significant discount.
Stay claim free: If you have been claim free for a number of years (five is a common requirement) your insurer should offer a claim free discount.

Are you shopping for the best rate near or wihin the Lindon area? Check out what homeowners are paying on average for Utah homeowners insurance.

Elevation Review for Coastal Wind or Flooding Risk

Elevation	Details	Homeowners Tips
4691 ft.	This is the average home elevation in Lindon, UT	Did you know that the elevation in which your home resides is crucial to a home insurance policy because it determines the risk factor related to your home being in a flood zone. It is important to understand that your home is not covered for floods under a standard homeowners policy. You will need to speak with a local Utah flood insurance agent about a flood insurance policy, please give us a call now at 888-620-1954.

To get online quotes on your home and compare rates on home insurance premiums in Lindon, enter your zip code above and easily complete our online quoting application. Remember, it's important to speak with us about additional home insurance discounts so you can get the best rate for your home in Utah County.

Utah Homeowners Insurance News & Information

Homeowners Below a 580 Credit Score Pay 35% More for Home Insurance Posted on Monday 15th April, 2024
While the odds of a major disaster hitting a specific home is the same regardless of whether the owner has a great credit score or one that puts them in a subprime category, their credit score will impact their rate in many states. In most states, insurers are allowed to consider credit scores when setting […]
The Best Way to Check the Financial Strength of Home Insurance Companies Posted on Wednesday 3rd April, 2024
If you are switching insurance companies, you should always check the financial strength of any insurer you are seriously considering. While an affordable premium is always a plus, if your insurance company cannot afford to pay when you file a claim, the savings will certainly not be worth it. A.M. Best is a credit rating […]
Florida’s Broward Commissioner is Asking Congress to Lower Insurance Rates Posted on Monday 1st April, 2024
A bill in the U.S. House called the Natural Disaster Reinsurance Plan, hopes to lower insurance costs for policyholders in states that opt-in to the program which will scale back the requirements regarding the amount of reinsurance that insurance companies need to purchase. Currently, a Broward commissioner is asking Congress to pass legislation he claims […]
North Carolina Coastal Home Insurance Rates Posted on Friday 29th March, 2024
North Carolina is a fantastic place to live with plenty of cultural activities, beautiful beaches, world-class cities as well as great restaurants and shopping. The only disadvantage to living in North Carolina, particularly if your home is located in coastal area is the cost of homeowners insurance. The average premium for a standard homeowners insurance […]
How Do Renovations Impact Home Insurance? (2024 Guide) Posted on Friday 15th March, 2024
Making renovations to your home can have a major impact on your insurance coverages as your risk profile changes. Adding square footage, putting in a swimming pool, outbuilding or upgrading your electrical may change the value of your home which could leave your underinsured. Major upgrades such as adding square footage to your home or […]

Lindon, UT Dwelling Coverage Estimate

It is important to calculate your dwelling coverage for your home in Lindon so you know what type of homeowners insurance coverage you need to cover your replacement cost. It is recommended to have enough dwelling coverage to rebuild your home if it was destroyed by a covered peril.

Please remember that replacement cost coverage does not include the cost of the land, only the price to rebuild your home, which is why we like to help customers by answering a few questions that you may have.

What is the average replacement cost coverage in Lindon, UT?

- The average square footage in Lindon is around 2,126 Sq. Ft. which would cost you around $401,900 to replace the home if you base the home on the price to build per square foot of $189.

Minimum Replacement Cost Total: $401,900

Location: Lindon, Utah (Utah County)

Average Building Cost Per Square Foot in Lindon: $189 (low end)

Average Square Footage in Lindon: 2,126 Sq. Ft.

Home Improvement Status	Price per Sq. Ft.	Dwelling Coverage
None or Very Minor Improvements	$189	$401,900
Some Additional Upgrades	$236	$502,375
Major Home Updates or Advancements	$284	$602,850

Calculate Your Lindon, UT Dwelling Coverage

The dwelling coverage is calculated by the average cost per square foot ($189) in Lindon, Utah times your heated square footage. Which would equal the cost to rebuild your home minus the cost of the property or land. Some homes will have a higher replacement cost due to home improvements like updated kitchens and bathrooms. Other upgrades may include: granite countertops, hardwood floors and stainless steel appliances. The national square foot average to build a brand new home is around 2500 square feet. So if you are looking to build, and your square footage of your new home is 2500, you are looking at a dwelling coverage premium of around $590,625 (Media price to build of $236 x 2500 sq. ft.) to cover the cost to rebuild your new home.

What is the difference between actual cash value and replacement cost value?

Homeowners insurance is available in both actual cash value (ACV) and replacement cost value (RCV). Knowing the difference is important:

Actual cash value: When valuing your personal possessions, an actual cash value policy will take depreciation into account. This means that your 10-year-old TV will be basically worthless according to your insurance company. While an ACV policy tends to be cheaper, if you have to make a claim you may be disappointed in your claim payout.

Replacement cost value: A RCV policy will replace your possessions with brand new items of similar quality regardless of how old they were at the time they were destroyed. While RCV policies are slightly more expensive, they are well worth the cost if you have to make a claim.