Large earthquakes are not particularly common in Utah, but they do happen, especially along the Wasatch Fault around Salt Lake City. A policy from a private home insurer often has more flexibility when it comes to coverage limits and waiting periods, but private companies have the option to deny you coverage. The main differences between the two are that NFIP policies are available to every homeowner in the country, regardless of how likely their home is to flood however, NFIP policies have strict coverage limits, typically $250,000, and have waiting periods. If your home has a high risk of flooding, you should consider getting a separate flood insurance policy, either from a private insurance company or from the National Flood Insurance Program (NFIP). Unfortunately, flooding is almost never covered on standard home insurance policies. The second-largest city, West Valley City, has an average rate of $862 per year, 4% cheaper than the state average. Salt Lake City, the biggest city in Utah, has an average cost of $881 per year for home insurance, slightly cheaper than Utah's state average. Unfortunately, USAA does have strict eligibility requirements and is only available to active or former military personnel and their immediate families. The company also covers military uniforms and equipment, so you don't need to pay a deductible if your work gear is damaged on duty. USAA also has many military-specific benefits like protecting your belongings worldwide, including in war zones. That covers the full replacement value for your belongings without depreciation. USAA has good standard coverages, with basic policies including full replacement cost coverage. While USAA doesn't have the most affordable rates for Utah homeowners, with rates 51% more expensive than the state average, USAA's exceptional customer service and military-specific coverage still make it worth considering for people in the armed forces and their families. Members of the military and their families should consider USAA.
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