By: Ishan Mukhopadhyay Sep. 05, 2018

A Raltin survey of car insurance premium rates in Herriman City, Utah, shows that consumers can save between $373 and $827 depending on the insurance company they choose. Using information from the Utah Insurance Department website (www.insurance.utah.gov), the survey reveals the greatest difference between the median and cheapest car insurance prices for 20-year-old single male drivers. In addition, the cheapest car insurance premium for this cohort is $835 and offered by United Services Auto Association. Shelter Mutual Insurance Company offers the median rate at $1,662.

The premium types studied are those paid for 6 months and the vehicle selected for the study is a 2016 Toyota Camry XSE. All subjects have a clean driving record and drive an average distance of 3-15 miles per day to work, one way.

For 20-year-old single female drivers, the cheapest premium rate is $731 and offered by the United Services Auto Association. There is a significant difference of $595 from the median rate for this cohort. For 39-year-old married couples, this difference stands at $418. USAA Casualty Insurance Company offers the cheapest rate for this cohort at $392.

For 20-year-old single female drivers, the most expensive premium rate is valued at $2,530, which is offered by LM General Insurance Company. Members of his cohort can save up to $1,204 by choosing the median premium rate of $1,326 offered by Esurance Insurance Company.

For four out of six cohorts, USAA Casualty Insurance Company offers the cheapest premium rates. On the other hand, for three out of six cohorts, State Farm Fire and Casualty Company offers the most expensive premium rates.

The following graph compares car insurance premium rates across companies in Herriman City, Utah.

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The following table compares the car insurance premium rates for key companies in Herriman City, Utah. In addition, it lists the names of companies included in the study and the differences between the median and cheapest or most expensive rates.

CohortCheapest Car Insurance Companies in Herriman, UTSecond Cheapest Car Insurance Companies in Herriman, UTMedian Car Insurance Companies in Herriman, UTSecond Most Expensive Car Insurance Companies in Herriman, UTMost Expensive Car Insurance Companies in Herriman, UTDifference between the Cheapest and Median PricesDifference between Most Expensive and Median Prices
20-year-old single female driverUnited Services Auto Association ($731)USAA Casualty Insurance Co. ($742)Esurance Insurance Co. ($1,326)Safeco Insurance Co. of Illinois ($2,248)LM General Insurance Co. ($2,530)$595$1,204
20-year-old single male driversUnited Services Auto Association ($835)USAA Casualty Insurance Co. ($847)Mid-Century Insurance Co. ($1,662)LM General Insurance Co. ($2,713)State Farm Fire & Casualty Co. ($2,751)$827$1089
39-year-old single male driversUSAA Casualty Insurance Co. ($425)United Services Auto Association ($442)Esurance Insurance Co. ($798)Safeco Insurance Co. of Illinois ($1,020)State Farm Fire & Casualty Co. ($1,146)$373$348
39-year-old married couplesUSAA Casualty Insurance Co. ($392)United Services Auto Association ($407)LM General Insurance Co. ($810)State Farm Fire & Casualty Co. ($1,146)Allstate Fire & Casualty Insurance Co. ($1,756)$418$946
39-year-old single female driversUSAA Casualty Insurance Co. ($425)United Services Auto Association ($442)Esurance Insurance Co. ($798)Safeco Insurance Co. of Illinois($1,020)State Farm Fire & Casualty Co. ($1,146)$373$348
66-year-old married couplesUSAA Casualty Insurance Co. ($365)United Services Auto Association ($393)Esurance Insurance Co. ($774)State Farm Fire & Casualty Co. ($1,067)Allstate Fire & Casualty Insurance Co. ($1,444)$409$670


ABOUT THE AUTHOR

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Ishan Mukhopadhyay

Ishan has over 5 years of experience as a freelance journalist and a content writer. He graduated from The English and Foreign Languages University and holds a Masters degree from the University of Hyderabad. Apart from the English language, Ishan's other passion is data driven journalism.

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