ZIP 84102 Insurance Data

Data Snapshot: ZIP 84102 (Salt Lake City, UT)

ZIP 84102 (Salt Lake City, UT) shows an average homeowners insurance premium of $1,311 per year as of 2022, based on U.S. Treasury FIO ZIP-level observations across approximately 3,792 reported policies. That is 26% below the national average of $1,776 per year, placing this ZIP in the 32th percentile nationally. Compared to the Utah state average of $1,132, this ZIP runs 16% above, reflecting neighborhood-level differences in catastrophe exposure, property age, and claims history.

The loss ratio for ZIP 84102 is 38.3%, meaning insurers retained a working margin after claims. Claim frequency — the share of policies with at least one claim — is 4.74%, and the average claim severity (amount paid per claim) is $10,591. Nonrenewal — insurers declining to extend coverage at policy expiration — occurs at 0.92% in this ZIP, a drop of 11.7% over the past five years; rising nonrenewal often signals insurer retreat from high-risk markets.

Across 5 years (2018–2022), premiums in ZIP 84102 have risen by 21.5%, ranging from $1,079 to $1,311 with a five-year average of $1,187 — an annualized rate of +5.0% per year. FIO data aggregates voluntary reporting from the 40 largest homeowners insurers, covering roughly 80% of the U.S. market, so figures represent market averages rather than individual policy quotes; your own premium will vary with dwelling value, deductible, coverage limits, construction type, and insurer-specific underwriting. This page is educational research only and is not insurance advice — homeowners should request quotes from multiple licensed carriers or an independent agent before purchasing or renewing coverage.