How Moving to a New Zip Code Can Impact Your Auto Insurance Premiums

Insurance companies use your zip code as a factor when calculating your auto insurance rates. Where you live can influence the likelihood of claims due to factors like:

• Accident frequency: Areas with higher traffic or more reported accidents may lead to higher premiums.
• Theft and vandalism rates: Neighborhoods with more vehicle thefts or vandalism can impact your risk profile.
• Weather risks: Some Utah regions are more prone to hail, snow or flooding, which can affect claims.
• Repair costs: The average cost of repairs in your area may also play a role.

How Moving Within Utah Can Affect Your Premium

Even a move within the same city can impact your auto insurance costs. For example, relocating from a rural area to Salt Lake City or another urban center may increase premiums due to increased traffic and accident rates. Conversely, moving to a quieter suburb or rural community could lower your rates.

What to Do When You Move

If you’re planning a move or have recently relocated, it’s important to update your address with your insurance provider as soon as possible. This ensures your coverage remains valid and accurately reflects your new risk factors. Our team at Statewide Insurance Agency can review your policy, compare options, and help you find the best coverage for your new location.

Contact us today to review your auto insurance policy and get a quote.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.