Cottonwood Heights Homeowners Insurance

Your Complete Guide to Cottonwood Heights, UT, Homeowners Insurance

Are you looking to lower your premiums?

Cottonwood Heights Utah homeowners insurance

Are you looking to lower your homeowners insurance premiums or looking for better homeowners insurance coverage? It doesn’t matter if you have lived in Cottonwood Heights all your life or moved here recently for a new job, if you just bought a new house, you will definitely need a reliable homeowners insurance policy.

Independent insurance agents can help you find a great homeowners insurance policy at the right price for your Cottonwood Heights, UT, home. Find an independent insurance agent near you to learn more today.  

What Does Your Cottonwood Heights, UT, Homeowners Insurance Cover?

So, what precisely does homeowners insurance cover? Homeowners insurance provides coverage in the following six classes:

  • The dwelling, which is the main house, and anything directly attached to it, such as a garage.
  • Other structures that are not attached to the house, such as detached garages, fences, sheds, or guesthouses.
  • Personal property, including furniture, appliances, electronics, and clothing. Curiously, the policy also covers property lost or damaged off-site such as at a storage facility or even with your child at college.
  • Liability costs if someone is injured on your property.
  • Medical bills if someone is injured on your property or injured by your pets.
  • Loss of use coverage, which helps cover living expenses while the home is being repaired.

What Is Personal Liability Insurance and Why Do You Need It?

If you or someone in your household harms a third-party person by accident or does damage to the property of a third party, personal liability insurance will cover you. It is known as “third-party insurance,” because it covers you in case of a third-party lawsuit against you.

Personal liability insurance pays for a legal defense in the event of a lawsuit. It also pays medical and/or property claims for which you are found legally responsible, up to the limits of your homeowners insurance policy. This makes purchasing the right homeowners coverage options extremely important.

If you find it necessary to add higher personal liability limits than your current homeowners insurance policy allows, your representative can help you find a reasonably priced umbrella insurance policy. Umbrella insurance is a good way to boost all your personal liability coverage needs.

A few cases in which personal liability coverage might protect you include the following:

  • Your neighbor tripped on your carpet and sprained an ankle.
  • You blew up your grill and it landed in the neighbor’s pool.
  • Your garage door closed on your neighbor’s car denting the hood.

How Much Does Homeowners Insurance Cost in Cottonwood Heights, UT?

The normal price of homeowners insurance in Utah is much lower than the national average, which makes it important to shop around and compare rates.

  • National average yearly premium: $1,211
  • Utah average yearly premium: $692

Homeowners insurance rates can vary from one homeowner to another and happens because rates are determined according to several of the following factors:  

  • Your credit score and claims history
  • The crime rate and weather risks in your area
  • The number of stories in your home
  • The age, cost, and size of your home
  • The type of home you are insuring
  • If you are bundling your coverage with another policy such as car insurance or life insurance

Reviewing different homeowners insurance rates allows you to select the policy that offers the best insurance coverage to meet your needs, and at the most reasonable price.

Does Cottonwood Heights, UT, Homeowners Insurance Cover against Catastrophic Events?

Your homeowners insurance policy is constructed to cover you against many of the threats you face as a homeowner in Cottonwood Heights, UT. This includes a wide range of catastrophic events such as wildfires and flood damage.

You definitely want to be sure you can repair or rebuild your home in the event of a catastrophe by setting your insurance coverage requirements high enough.

Catastrophic events in Utah:

  • Number of federally declared disasters in UT since 1953: 46
  • Most common reasons for disasters in UT: fire
  • Average number of tornadoes per year in UT: 3

Residents of Cottonwood Heights, UT, are most at risk for damage caused by the following natural threats:

  • Wildfires and residential fires
  • Flooding and water damage
  • Severe storms and lightning damage
  • Wind damage
  • Burglary and other property crimes

Residents located near waterways such as the Big Cottonwood Creek are most at risk for flood damage, although flash flooding can happen almost anywhere. It just so happens that an independent insurance agent can help you increase your coverage with a flood insurance policy.

Does Homeowners Insurance Cover against Burglaries in Cottonwood Heights, UT?

The 2018 crime rate in Cottonwood Heights, UT was 148, which is 1.9 times lower than the US average. In the last five years, Cottonwood Heights has seen an increase in violent crime and an increase in property crime.

The burglary rate in Utah, and in Cottonwood Heights, in particular, is much lower than the national average, which also puts you paying a lower rate of homeowners insurance.

  • Number of burglaries per 100,000 homes in the US: 376
  • Number of burglaries per 100,000 homes in UT: 315.3
  • Number of burglaries per 100,000 homes in Cottonwood Heights: 302.5

If your Cottonwood Heights, UT, home does get broken into, you can find some relief in knowing your homeowners insurance provides reimbursement for your damage, as well as, for any other property damage the burglars did to your home.

Some of the most effective theft prevention devices around are home security systems, and many insurance companies offer deductions to clients who have them installed in their homes.

Does Homeowners Insurance Cover a Second Home or Vacation Home in Cottonwood Heights, UT?

If you are among the Cottonwood Heights, UT, residents who own more than one home, you will want to cover all your homes with an appropriate homeowners insurance policy.

If you do not currently live in your second home or vacation property, you will most likely have additional risks that insurance companies have to consider, which sometimes means that specialized insurance products may be required. 

  • Second homes occupied by renters have a higher liability and property damage risk. These houses require coverage options offered by landlord insurance.
  • Vacation homes left vacant for long periods have an increased risk of burglaries and property damage. Vacant home insurance may be required while the house is unoccupied.

Independent Insurance Agents in Cottonwood Heights, UT, are Ready to Help

One of the best ways to find a good homeowners policy is to work with an independent insurance agent. These pros work for you, not for a particular insurance company. This allows you to get reliable information as you shop for the homeowners insurance coverage options you need for your Cottonwood Heights, UT, home.

Independent insurance agents in Cottonwood Heights, UT, are excited to help. Contact a TrustedChoice.com independent insurance agent near you.

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TrustedChoice.com Article | Reviewed by Jeffrey Green

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