Farmington sits in a sweet spot—close enough to Salt Lake City for an easy commute, but with the charm of a family-friendly community built around Lagoon Amusement Park and the modern retail hub of Station Park. With over 26,000 residents and a median household income above $120,000, this Davis County city is growing fast. FrontRunner rail access and I-15 proximity make it convenient for work and play, but that same accessibility brings insurance considerations you need to understand.
Whether you're buying your first home near Station Park, commuting daily on I-15, or raising a family in one of Farmington's newer neighborhoods, your insurance needs are shaped by local factors—from earthquake risk along the Wasatch Front to flooding concerns that catch many Utah residents off guard. Let's break down what you actually need to know.
Understanding Auto Insurance in Farmington
Utah raised its minimum auto insurance requirements in 2025 to $90,000 per occurrence, up from $80,000. That's the floor, not the ceiling. When you're navigating I-15 traffic during Lagoon's peak summer season or dealing with Station Park shopping congestion on weekends, you're exposed to more accident risk than someone living in a rural town. Utah drivers pay an average of $2,340 annually for auto insurance—about $195 per month—but your actual rate depends on your driving record, vehicle, and coverage choices.
Here's what many Farmington residents miss: the state minimum won't cover much in a serious accident. If you cause a crash that injures multiple people, $90,000 disappears fast when you're paying for medical bills, lost wages, and pain and suffering claims. Consider bumping your liability to at least $100,000 per person and $300,000 per accident. Better yet, if your household income is above $100,000—which applies to many Farmington families—look into umbrella insurance that extends your liability protection to $1 million or more.
Utah is also among the states experiencing significant premium growth, with cumulative rate increases of 30% or more in recent years. Shop around annually. The company that gave you the best rate three years ago might not be competitive today.
Homeowners Insurance and Property Coverage
Farmington's explosive growth—the population nearly doubled from 12,162 in 2000 to over 26,000 today—means home values have climbed significantly. If you bought a house five years ago and haven't reviewed your coverage limits since, you're likely underinsured. Replacement cost coverage matters more than market value. Your policy should cover the cost to rebuild your home at today's construction prices, not what you paid for it or what you could sell it for.
Standard homeowners policies cover fire, theft, windstorms, and liability. They don't cover floods or earthquakes—two risks that Farmington residents face more than they realize. About 500 earthquakes occur in the Wasatch Front region each year, and there's a 43% chance of a magnitude 6.75 or greater earthquake hitting within the next 50 years. That's not a distant possibility; that's a coin flip over the lifespan of your mortgage.
Earthquake insurance is sold separately or as part of a difference-in-conditions policy, which bundles coverage for earthquakes, floods, mudslides, and similar perils. Yes, it costs extra. But when Davis County residents experienced earthquake damage in recent years, many discovered their standard policies left them on the hook for tens of thousands in repairs. Weigh the premium against your deductible and your financial ability to absorb a major loss.
Flood Insurance: More Important Than You Think
Flooding is the most common natural disaster in Utah. Here's the kicker: more than 70% of Utah floods happen outside designated Special Flood Hazard Areas. That means you don't need to live in a FEMA flood zone to get hit. Spring snowmelt, heavy rainstorms, and even water main breaks can flood basements and damage property throughout Farmington.
Flood insurance through the National Flood Insurance Program (NFIP) costs less than most people expect—often a few hundred dollars annually for homes outside high-risk zones. Coverage limits are $250,000 for your building and $100,000 for contents. The catch? Most policies have a 30-day waiting period, so you can't buy coverage when a storm is forecasted and expect immediate protection. Buy it before you need it.
If you're buying a home with a mortgage, your lender will require flood insurance if the property sits in a high-risk zone. But even if it's not required, consider it anyway. The cost of replacing flooded drywall, insulation, flooring, and personal belongings adds up faster than you'd think.
Renters and Condo Insurance Essentials
If you rent an apartment near Station Park or in one of Farmington's growing neighborhoods, renters insurance is a smart move—and it's cheap, typically $15 to $30 per month. Your landlord's insurance covers the building structure, but not your stuff. If a fire breaks out or someone breaks in and steals your electronics, you're out of luck without your own policy.
More importantly, renters insurance includes liability coverage. If a guest slips and falls in your apartment, or your bathtub overflows and damages the unit below, you could be liable for thousands in damages. Renters policies typically include $100,000 in liability protection, which covers legal costs and settlements.
Condo owners face a slightly different situation. Your HOA's master policy covers common areas and the building exterior, but you need an HO-6 condo policy to cover your unit's interior, personal property, and liability. Check your HOA's coverage limits and deductibles so you know where their policy ends and yours begins.
Umbrella Insurance for Extra Protection
Farmington's median household income of $120,432 puts many families in a position where they have significant assets to protect. If you own a home, have retirement savings, or earn a good income, you're a target for lawsuits that exceed your standard auto and homeowners liability limits. An umbrella policy kicks in when your underlying policies max out, providing an additional $1 million to $5 million in coverage.
Umbrella insurance is remarkably affordable—often $150 to $300 annually for $1 million in coverage. It covers not just auto and home liability, but also claims like libel, slander, and false imprisonment. If you're active on social media, volunteer with youth sports, or have teenage drivers in your household, umbrella coverage provides peace of mind that goes beyond the basics.
How to Get Started with Insurance in Farmington
Start by taking inventory of what you need to protect: your home or rental, vehicles, personal property, and income-earning ability. Get quotes from at least three carriers and compare not just premiums, but coverage limits, deductibles, and exclusions. Ask about bundling discounts—many insurers offer 15% to 25% off when you combine home and auto policies.
Don't skip earthquake and flood coverage just because they cost extra or because you think "it won't happen to me." Farmington sits squarely in an earthquake zone, and flood risk is real even if you're not in a mapped flood plain. The 30-day waiting period for flood insurance means you need to act before a storm is on the horizon.
Finally, review your coverage annually. As Farmington continues its rapid growth and development—especially with the FrontRunner 2X expansion bringing 15-minute train frequency and more transit-oriented housing by 2030—property values and risk profiles will shift. What made sense two years ago might not be adequate today. Protect what you've built, and make sure your insurance keeps pace with your life.
