Who Has the Cheapest Insurance for Electric Cars in Utah?

Our editors have a joke that when writing about auto insurance, the word cheap should never appear as a descriptor for car insurance rates. Be that as it may, cheap car insurance for electric cars is not always easy to find. But fear not, because there may be ways you can quote and buy coverage that is cheaper than your current rate.

Shopping around for low-priced car insurance is not most people’s favorite thing to do, and deciding which company quotes the cheapest car insurance rates for electric cars calls for even more work.

Every insurance company has their own process to determine rates, so we’ll take a look at the car insurance companies that tend to have lower prices in Utah. It’s important to understand that Utah car insurance rates are calculated based on many things which can significantly increase or decrease the policy price. Improving your credit score, moving to a different location, or getting a driving violation can cause premium changes that can make some companies more expensive than competitors.

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Bear River offers some of the best car insurance rates in Utah at around $590 each year. USAA, Auto-Owners, American Family, and GEICO also qualify as some of the more affordable Utah insurance companies.

In the above example, if you are currently insured with USAA and switched to Bear River, you could see a yearly price reduction of in the vicinity of $170. Customers with Auto-Owners might save as much as $304 a year, and American Family policyholders might see rate reductions of $394 a year.

If you would like to find the cheapest insurance for electric cars in Utah, click here to get a free quote or feel free to get quotes from the companies below.

These prices are averaged for all ages of drivers and types of vehicles and and are not calculated with a rate decrease for electric cars. So the insurer that has the cheapest rates for you may not even be featured in the above rate chart. That points out the importance of why you need to compare prices as often as possible using your own driver and vehicle profiles.

The make and model of vehicle that is being insured is a large consideration when comparing the cheapest insurance for electric cars in Utah. Vehicles with lots of speed or power, a lack of modern safety features, or a track record of large liability claims will cost substantially more to insure than more economical and safe models.

The next table ranks coverage costs for the cheapest vehicles to insure in Utah.

Data variables include single female driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Utah minimum liability limits. Discounts applied include safe-driver, homeowner, claim-free, multi-policy, and multi-vehicle. Premium amounts do not factor in the specific area where the vehicle is garaged which can increase or decrease coverage rates substantially.

Looking at the rates, you can presume that cars like the Chevrolet Traverse, Jeep Wrangler, Ford Explorer, and Kia Forte are likely to be some of the less-costly vehicles to insure for eco-friendly vehicles.

Careless drivers pay higher rates

In a perfect world, the best way to enjoy the cheapest insurance for electric cars in Utah is to be a good driver and have a clean driving record. The chart below demonstrates how citations and accidents can influence auto insurance rates for each age group. The rate quotes are based on a single female driver, full physical damage coverage, $500 deductibles, and no discounts are taken into consideration.

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The data above shows the average cost of car insurance in Utah per year with no accidents and a clean driving record is $1,608. Receive one speeding ticket and the average cost increases to $1,823, an increase of $215 each year. Then throw in two accidents along with the one speeding ticket and the annual cost of car insurance for electric cars increases to an average of $3,770. That’s an increase of $2,162, or $180 per month, just for a couple of infractions!

Buying coverage from a good quality insurance provider can be difficult considering how many different companies insure vehicles in Utah. The ranking data in the next section may help you analyze which companies to look at when comparing insurance rates for electric cars.

These ratings are only comprised of major nationwide insurance companies, so companies with more of a regional focus are not factored into the list. If you would like to check rates from many more Utah auto insurance companies, simply click here.

Top 10 Large Auto Insurance Companies Overall in Utah

1. USAA
2. American Family
3. State Farm
4. The Hartford
5. AAA Insurance
6. GEICO
7. The General
8. Progressive
9. Allstate
10. Nationwide

Top 10 Large Auto Insurance Companies in Utah Ranked by A.M. Best Rating

1. USAA – A++
2. Travelers – A++
3. GEICO – A++
4. State Farm – A++
5. The Hartford – A+
6. Esurance – A+
7. Nationwide – A+
8. Allstate – A+
9. Progressive – A+
10. The General – A-

Progressive, Allstate, State Farm, or Geico: Who is best?

If you want reliable car insurance for eco-friendly vehicles, the most popular companies are Progressive, Allstate, State Farm, and Geico. When combined, they make up nearly half of all policies written. The following table points out ratings and policy coverage options .