National Business Insurance Stats

Number of businesses in the US: 30,819,176

Burglary rate per 1,000 residents in the US: 3.76

Auto theft rate per 1,000 vehicles in the US: 2.29

CityNo. of businessesBurglaries / 1,000 peopleAuto thefts / 1,000 cars
Park City3,3773.92.39
Salt Lake City24,7108.979.27
South Jordan5,4322.451.45
West Jordan8,4215.783.35

Business Insurance in Utah FAQ - Quick Answers

Business insurance costs vary according to your individual risk factors, and quotes are needed for exact pricing. In Utah, carriers review the following when rating your policy:

  • Type of industry
  • Number of employees
  • Gross annual sales
  • Location of business
  • Number of company vehicles
  • Safety practices in place
  • Past claims reported
  • Number of years in operation

In Utah, most policies are voluntary except for the two below that are required by law:

Each Utah business will have unique risk exposures, which means coverage will be customized as well. However, some foundational policies apply to most operations:

General liability insurance in Utah is often your primary policy. Check out what it covers below:

In Utah, you're not mandated to offer health plans to your staff if you have fewer than 50 employees, but you still may want to for additional benefits. Utah health insurance for your business can be quoted through your independent insurance agent. 

In Utah, Nationwide, Travelers, and Hanover insurance companies are rated among the best for business insurance. This is due to their coverage offerings and exceptional customer service.

Do You Know What Your Business Insurance Covers in Utah?

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