Utah prejudgment interest branches
United States Utah prejudgment interest — 10% for covered contracts, 8.75% for the current personal-injury branch.
→ All Utah judgment & prejudgment interest rates
Statutory branches Mixed statutory branches
2026 Utah prejudgment interest branches at a glance
- Headline branch
- 10% / 8.75% per year (branch shown)
- Recorded reference date
- July 9, 2026
- Controlling authority
- Utah Code §15-1-1(2) (10% general); §78B-5-824 (PI special damages, prime+2%)
- Rate basis
- Statutory branches
- Source checked
- July 9, 2026
- Recorded history
- 1 data point
Utah Code §15-1-1(2) supplies 10% for covered contracts without an expressly different rate. It is not a general percentage for every claim. Qualifying personal-injury special damages instead use January bank prime plus two points—currently 8.75%—under §78B-5-824. Other noncontract claims can follow different authority and remain calculator-withheld.
When Utah prejudgment interest applies
Section 15-1-1 governs covered written, verbal, or implied contracts, subject to an expressly different lawful rate. Section 78B-5-824 separately covers qualifying personal-injury special damages and limits its formula to 5%–10%. Lavender confirms that noncontract claims can follow different authority; this page does not assign those claims the 10% contract rate.
When it starts accruing
For a qualifying contract claim, entitlement and the start date depend on when the covered loss became complete, fixed, and measurable. Section 78B-5-824 supplies year-specific accrual rules for personal-injury special damages. Confirm the controlling claim and dates before calculating.
Simple or compound
Section 78B-5-824 expressly requires simple interest for its personal-injury special-damages branch. The cited authority set does not support extending that statement to every Utah contract or noncontract prejudgment claim.
→ Compare with the Utah post-judgment interest rate (interest after judgment)
Utah general/contract prejudgment interest is 10% fixed (Utah Code §15-1-1(2)). For personal-injury actions (causes arising on/after July 1, 2014), prejudgment interest on SPECIAL damages is instead prime + 2% (5% floor, 10% cap) — currently 8.75%, simple — under §78B-5-824. Current PI value as of July 2026; verify at le.utah.gov. Not legal advice.
Current recorded observation
| Recorded reference date | Rate | Basis |
|---|---|---|
| July 9, 2026 | 10% / 8.75% | Statute |
Source & provenance
Observation recorded July 9, 2026 (00:00 UTC) from the cited source (Utah — le.utah.gov):
https://le.utah.gov/xcode/Title15/Chapter1/15-1-S1.html
Cite this page
StatuteRates. “Utah Prejudgment Interest Rate.” StatuteRates.com. Accessed today. https://statuterates.com/rates/utah-prejudgment-rate/ Rate recorded under Utah Code §15-1-1(2) (10% general); §78B-5-824 (PI special damages, prime+2%); current-code reference checked for July 9, 2026.