For drivers with bad credit in Utah, it's important that you evaluate all of your potential insurance options to ensure you are finding the best rate. Comparing the right insurance companies will allow you to get the best possible insurance rate for drivers with bad credit.
To simplify comparing companies, Insurify has analyzed rates from top insurance providers in Utah. The following are the best insurance rates from carriers that offer car insurance for drivers with bad credit in Utah.
No one likes to admit to having bad credit, but it is something that many Americans face. Regardless of whether it is a result of using your credit cards for an emergency or falling behind on debt payments, it can still all negatively impact your auto insurance rates.
Drivers who live in Utah may experience the impact more than drivers in other states. Typically, having bad credit can result in as much as a 16 percent increase in monthly payments. However, where you live and which auto insurance carrier you go with will ultimately play a factor in your final premium rate.
Insurify's comparison tool will help you make sure you're getting the best possible quote even with a bad credit rating. You can have peace of mind you're not paying any more than need to, and customers save $48 per month on average.
Utah drivers, like many drivers in other states, will notice that bad credit can significantly impact car insurance rates. Some motorists will see an increase of at least 16 percent if they have a poor credit score.
Drivers who have had financial issues in the past that have led to a bad credit rating can expect an average monthly cost of $208. This is a $29 increase from what drivers with a good credit score pay.
Drivers who live in Utah will notice that auto insurance providers use credit checks to determine where to set monthly rates. Since insurers use credit ratings as part of their risk evaluation, it can be difficult to find a company that will offer coverage without a credit check.
The good news is that even with a poor credit score, you might be able to find affordable auto coverage in Utah. One way to find a cheaper quote is to shop around with multiple providers. There are several throughout the state that offer competitive rates for drivers with poor credit scores.
Credit tier has a major impact on car insurance rates in Utah. Drivers who currently have an excellent rating will pay $179 a month on average , which is $39 less than those with a poor rating. Motorists who fall into the good or average categories will essentially pay the same as one another, with averages at $200 and $201, respectively.
Where you live in Utah can change how much a bad credit score affects your insurance rates. For example, a poor credit score in West Jordan could result in paying $35 more for coverage than if you lived in Ogden.
|Salt Lake City||Poor||$186|
|West Valley City||Poor||$180|
Insurance prices and policies can vary significantly between companies, and a state like Utah draws a wide variety of choices when factoring insurance rates for drivers with bad credit.
Insurify's rate comparison tool will help you make sure you're getting the best possible quote based on your needs and location. You can have peace of mind you're not paying any more than you need to, and customers save $585 per year on average.
The car insurance quotes displayed are based on an analysis of Insurify’s database of over 40 million quotes from 500 ZIP codes nationwide. To obtain representative rates, Insurify’s data science team performs frequent comprehensive analyses of the factors car insurance providers weigh to calculate rates including driver demographics, driving record, credit score, desired coverage level, and more.
Insurify’s analysis also incorporates the Insurify Composite Score (ICS) assigned to each insurance provider. The ICS is a proprietary rating that weighs multiple factors reflecting the quality, reliability, and health of an insurance company. Ratings used to calculate the ICS include Financial Strength Ratings from A.M. Best, Standard & Poor’s, Moody’s, and Fitch; J.D. Power ratings; Consumer Reports customer satisfaction surveys and customer complaints; mobile app reviews; and user-generated company reviews.
With the above insights and ranking methods, Insurify is able to offer car insurance shoppers insight into how various insurance providers compare to one another in terms of both cost and quality. Note, actual quotes will vary based on unique attributes including the policyholder’s driver history and their garaging address.