Who Has the Cheapest Auto Insurance Quotes for a 20 Year Old Male in Utah?

One of the key considerations used to establish car insurance rates is where you live. Cities with larger populations or higher claim trends like West Valley City, Salt Lake City, and South Jordan are more likely to pay higher prices, whereas areas with fewer weather claims and lower vehicle theft rates have the benefit of cheaper auto insurance prices.

The table below ranks the most expensive places in Utah for 20 year old guys to purchase a policy in.

Price information shown is comparative as the specific zip code location can change premium rates greatly.

Finding out which insurers offer the most affordable insurance rates for 20 year old guys requires a little more effort than just picking a company at random.

Each auto insurer has their own unique process to establish rates, so let’s take a look at the most competitive insurance companies in Utah. It’s a good idea to be aware that Utah insurance rates are impacted by many things which can substantially decrease or increase the policy price. Getting older, adding a teenager to your policy, or getting a DUI may cause policy rate changes resulting in some rates now being more affordable than before.

Best Car Insurance Prices for Men Age 20

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Bear River normally has some of the cheapest car insurance rates in Utah at around $590 per year. USAA, Auto-Owners, American Family, and Safeco would also be considered some of the cheapest Utah auto insurance companies.

In the above rates, if you currently buy coverage from USAA and switched to Bear River, you might achieve an annual savings of about $201. Utah drivers with Auto-Owners could save as much as $304 a year, and American Family insureds might reduce rates by $374 a year.

Be aware that those rates are averaged across all ages of drivers and types of vehicles and are not factoring in a rate surcharge for 20 year old guys. So the company that has the cheapest price for you may not even be included in the above rate chart. That point stresses why you need to compare as many prices as possible using your own driver and vehicle profiles.

We all have different tastes in cars, and the vehicle on the policy is a large consideration that determines whether or not you can buy the cheapest car insurance for 20 year old guys in Utah. Vehicles with higher performance characteristics, poor crash test ratings, or a history of substantial liability claims will cost substantially more to insure than safer, lower-performance models.

The next lists estimates auto insurance costs for a selection of the most budget-friendly vehicles to buy coverage for.

Table data assumes single male driver age 20, no speeding tickets, no at-fault accidents, $500 deductibles, and Utah minimum liability limits. Discounts applied include claim-free, and safe-driver. Estimates do not factor in your specific Utah location which can affect premiums noticeably.

Table data assumes single male driver age 20, no speeding tickets, no at-fault accidents, $500 deductibles, and Utah minimum liability limits. Discounts applied include claim-free, and safe-driver. Information does not factor in specific location information which can impact coverage prices considerably.

Data based on single male driver age 20, no speeding tickets, no at-fault accidents, $500 deductibles, and Utah minimum liability limits. Discounts applied include safe-driver, and claim-free. Premium amounts do not factor in zip code location which can change premium rates considerably.

Does full coverage make sense?

Finding the cheapest car insurance for 20 year old guys in Utah is important to the majority of drivers, and one common way to pay lower rates for insurance is to only buy liability insurance. The illustration below compares premium costs with full phyical damage coverage and with liability coverage only. The premium estimates are based on no violations or accidents, $100 deductibles, drivers are single, and no additional discounts are factored in.

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If the expense is averaged for all age categories, physical damage coverage costs an extra $2,060 per year over liability only. That is a large expense and it proposes the question if buying full coverage is a good investment. There is no written rule that is best for determining when to drop comprehensive and collision coverage on your policy, but there is a general guideline. If the annual cost of comprehensive and collision coverage is more than around 10% of replacement cost minus your deductible, then you might want to think about dropping full coverage.

Cheapest insurance quotes for young men

There are many different ways to find affordable insurance in Utah, but the three most common are through an exlusive agent such as State Farm or Auto-Owners, an independent or non-exclusive agent, or direct from companies such as Progressive or Geico. They all follow the same basic process, but buyers need to know the differences in how they give price quotes.

Independent agencies have contracts with many companies and can get rate quotes from all of them. They are usually affiliated with several companies and can give you a larger rate selection, which can give you better odds of saving money. If a cheaper price is found, it’s easy for the agent to move the policy which makes it easier to save money.

An exclusive ageny is limited to one company, examples being Allstate or State Farm agents. This type of agents cannot place coverage with different providers, so you will not be able to compare multiple prices.

The third popular method of shopping for insurance is direct, which means you do not use local insurance agents and instead shop direct from companies such as Progressive or Esurance. Shopping for insurance direct can be good for consumers who do not need high levels of coverage and know more than average about what insurance covers and what it doesn’t.

So out of those three methods, which one works best to buy the cheapest car insurance for 20 year old guys in Utah? Our initial answer would be shopping direct yields the cheapest rates since there is no middleman, but that does not always hold true. We’d also like to say using an independent agent is the best way to save since there are more companies to choose from, but that is not necessarily true either. In many cases, exclusive agencies may have very competitive prices that other insurance companies cannot touch.

Due to that fact that insurance uses so many rating variables, really the only way to ensure the lowest rates is to get quotes and compare. To find the best rates, be sure to get price quotes from all three in order to have the best selection to choose from. To see some of the cheapest online companies available, click here to view.