Protect your family's home if something happens to you. Compare top carriers and average costs for Utah residents.
Mortgage protection insurance ensures your family can keep their home by paying off the remaining mortgage balance if you pass away. It provides peace of mind that your loved ones won't face foreclosure during an already difficult time.
Utah's Insurance Department oversees the insurance market. The state has a 10-day free-look period and a growing insurance industry.
Utah has a population of 3.4 million with a median age of 31.1. Mortgage Protection insurance is designed for homeowners with active mortgages, with coverage typically ranging from $50,000 - $500,000.
Compare rates from top mortgage protection insurance carriers.
The table below shows estimated monthly premiums for mortgage protection insurance in Utah. Actual rates vary based on age, health, and coverage amount.
| Coverage Amount | Est. Monthly Premium |
|---|---|
| $100,000 | From $27/mo |
| $200,000 | From $45/mo |
| $300,000 | From $63/mo |
| $500,000 | From $100/mo |
* Rates are estimates for a healthy individual. Your actual rate may vary.
These are among the most popular and highly-rated carriers offering mortgage protection insurance to Utah residents:
Working with an independent agent like CoverMeOnline gives you access to quotes from multiple carriers so you can find the best rate.
Compare rates from top mortgage protection insurance carriers.
Utah has one of the youngest and healthiest populations in the U.S., which contributes to lower life insurance rates. The state's growing insurance industry also creates competition.
Utah has larger-than-average families, making adequate life insurance coverage especially important. Term life and mortgage protection are popular choices for young families.
The Utah Insurance Department licenses companies and agents, reviews rates, investigates complaints, and ensures insurer financial stability.