Get Sandy, UT Home Insurance Rates!

Did you know that homeowners rates in Sandy, UT are subjected to increase or decrease per your risk, coverage options, deductible and discounts available. Home insurance companies providing coverage in Sandy provide rates on a variety of different options. Our job is to help you review which rate is best for you. You may like cheaper rates at first but low prices may not be so attractive to you when you compare coverage levels. Most homeowners appreciate the dependability in knowing the top rated company they choose will make life easier if you ever have to file a claim. Getting the right insurance policy makes a world of difference when it comes to protecting your home.

Sandy, UT Homeowner Questions:

What is the average monthly cost of home insurance in Sandy, UT?
Homeowners insurance is usually paid annually and the average rate per year for a home in Sandy is around $764, that's $64 per month.

Please note that average rates for your area mentioned above are based on a standard HO-3 policy. We help customers review competitive homeowners insurance rates in Sandy while also shopping top carriers, enhanced coverage options and applying discounts. Enter your UT zip code and let us help you shop more affordable home insurance rates today!

What is the total number of homes in this area?
The total homes in the city of Sandy is 8,748 housing units.

What is popluation for Sandy, UT?
The city limit population is around 87,461.

What is the average household income?
The average annual income in the Sandy area is estimated to be around $98,524.

What is the average real estate value for a home in Sandy?
The average value of a home in Sandy is $373,100.

Compare Homeowners Insurance Rates in Sandy, UT!

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Average Rates Nearby Sandy

Are you looking for homeowners insurance in a city near Sandy? 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 Sandy, UT

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

84070, 84092, 84093, 84094,

Sandy, UT Home Insurance Average Premiums

Local Sandy, UT home insurance quotes comparison

$342 /yr.

Shows Sandy's lowest average rates with discounts applied.

For the city of Sandy, 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)	$342 /yr.
Average Coverage:	$592 /yr.
2600 sq. ft. or higher (all discounts applied)	$892 /yr.

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

• The average homeowners insurance premium paid annually for a home in Sandy is around $592 per year.

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

• Homeowners in Sandy pay an average cost per month around $49.00 for insurance coverage.

Sandy, UT - 2023 Housing Information

Month	Current Home Value (2023)	Last Year Home Value (2022)
January	$622,064	$606,965
February	$619,549	$618,406
March	$620,119	$630,970
April	$621,261	$642,434

Homeowners insurance will help cover the cost to repair or replace your Sandy 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 Sandy
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 Sandy, UT homeowners insurance rates all in one place!

Saving Money Tips on Sandy Home Insurance

A great way to save money on Sandy 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 Sandy 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
4848 ft.	This is the average home elevation in Sandy, 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 Sandy, 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 Salt Lake 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 […]

Sandy, UT Dwelling Coverage Estimate

It is important to calculate your dwelling coverage for your home in Sandy 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 Sandy, UT?

- The average square footage in Sandy is around 1,974 Sq. Ft. which would cost you around $373,100 to replace the home if you base the home on the price to build per square foot of $189.

Minimum Replacement Cost Total: $373,100

Location: Sandy, Utah (Salt Lake County)

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

Average Square Footage in Sandy: 1,974 Sq. Ft.

Home Improvement Status	Price per Sq. Ft.	Dwelling Coverage
None or Very Minor Improvements	$189	$373,100
Some Additional Upgrades	$236	$466,375
Major Home Updates or Advancements	$284	$559,650

Calculate Your Sandy, UT Dwelling Coverage

The dwelling coverage is calculated by the average cost per square foot ($189) in Sandy, 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.