The cost of car insurance in Wyoming varies significantly depending on the type and amount of insurance coverage you buy, your location, age and driving history. American National Finance offers the cheapest rates at $827 a year for full coverage.
We’ve compiled this detailed guide to help you choose the right car insurance in Wyoming. The team at CarInsurance.com has done all the hard work by researching and analyzing insurance prices for different kinds of drivers.
Keep reading to get a clear idea of how car insurance in Wyoming works and how much coverage you need.
- American National Finance provides the most affordable annual rates for full coverage car insurance in Wyoming, at $827 per year.
- In Wyoming, car insurance costs can change based on the type of coverage, coverage limits, age, location, make and model of your car and your driving record.
- Minimum liability coverage in Wyoming costs around $288 annually for limits of 25/50/20, while liability-only coverage costs $331 per year for limits of 50/100/50.
- In Wyoming, driving incidents can significantly increase premiums, with a speeding ticket raising rates by up to 32%, a DUI raising rates by 75%, and an at-fault accident by up to 31%.
How much is car insurance in Wyoming?
According to CarInsurance.com data, drivers in Wyoming pay about $146 per month for full coverage car insurance.
Understanding the average insurance cost can help you budget effectively for your coverage. Remember that insurance premiums can differ significantly based on your vehicle’s make and model and your driving history.
Average cost of auto insurance in Wyoming by coverage level
Car insurance costs in Wyoming can differ based on the coverage limit. To legally drive, Wyoming residents must adhere to the minimum liability limits of 25/50/20.
Liability-only insurance policies are the most affordable option and provide the minimum coverage required in Wyoming. However, they don’t offer much protection.
While liability insurance protects you from financial loss by covering legal defense and damages if you’re found responsible for causing injury or property damage to others, it doesn’t protect your vehicle or passengers.
On the other hand, full coverage car insurance is more expensive, but it offers extensive protection. It helps cover your vehicle in case of accidents, theft, natural disasters, and animal collisions. Full coverage can make you feel more secure, knowing you’re well-protected if something happens.
Full coverage car insurance comprises liability, comprehensive, collision and any other coverage required by your state.
Below are the Wyoming car insurance costs for three different coverage levels.
| Coverage Level | Avg. Monthly Cost | Avg. Annual Cost |
|---|---|---|
| State Minimum – Liability Only BI/PD | $24 | $288 |
| Liability Only – 50/100/50 BI/PD | $28 | $331 |
| Full Coverage – 100/300/100 Liability BI/PD with $500 Comp/Coll Deductible | $146 | $1,758 |
State minimum car insurance in Wyoming
In Wyoming, minimum car insurance requirements include $25,000 of bodily injury liability per person, $50,000 of bodily injury liability per accident and $20,000 of property damage liability.
The state minimum coverage in Wyoming costs $288 a year but doesn’t provide much protection for drivers. Wyoming drivers may purchase additional coverage, such as comprehensive and collision insurance, increase their liability limits and add personal injury coverage or other endorsements for extra protection.
Drivers in Wyoming must be aware of the minimum insurance coverage requirements to stay compliant.
Liability-only car insurance in Wyoming
The average cost of liability-only insurance in Wyoming is $331 for the coverage limits of 50/100/50, based on a recent data analysis by CarInsurance.com.
Liability only pays for damage you cause to other people’s property or for injuries to others in an accident, but it doesn’t cover your passengers’ medical expenses. It’s cheaper than full coverage insurance, but it won’t help if your own car is damaged or stolen.
Full coverage car insurance in Wyoming
In Wyoming, you can expect to pay around $1,758 per year for full coverage car insurance for the limits of 100/300/100 – $100,000 in bodily injury coverage, $300,000 in bodily injury coverage per accident and $100,000 in property damage coverage.
Experts recommend that drivers purchase full coverage insurance with the highest liability limits they can afford to be financially protected. Full coverage car insurance policies include liability, comprehensive and collision coverage.
You might also like
- Best car insurance companies in Wyoming
- Non-owner car insurance in Wyoming: Find affordable rates
- Liability insurance for Wyoming drivers
- Minimum car insurance requirements in Wyoming
- Wyoming car insurance calculator: Get estimates by ZIP code and model
- How much is car insurance for a 25-year-old in Wyoming?
- Car insurance for high-risk drivers in Wyoming
- Cheap car insurance for seniors in Wyoming
- What’s the cheapest car insurance in Wyoming?
Calculate the cost of car insurance in Wyoming
Insurance rates can differ depending on your ZIP code because what’s affordable in one area might be expensive in another.
Different areas pose more or less risk based on crime rate, traffic, car thefts and population density. Insurance companies research each area’s risks and then use that information to determine what they can charge for premiums.
As a result, people living in higher-risk neighborhoods of Wyoming have to pay more than those living where the risks are lower.
Our tool lets you quickly obtain insurance quotes for different coverage limits specific to your ZIP code within minutes. Input your ZIP code to see how much you can save on premiums.
Wyoming Car Insurance Rates by ZIP Code
Estimate car insurance in Wyoming by car model
In Wyoming, car insurance costs depend on the type of car you drive. If you have a luxury or electric vehicle that’s more expensive to repair, you’ll pay higher insurance rates than someone with a car that’s cheaper to repair.
For instance, Maserati, BMW, Porsche and Audi are some of the most expensive cars to insure. Subaru, Hyundai, Honda and Mazda are among the cheapest cars to insure.
Find out how much car insurance costs for your car make and model in Wyoming.
Insurance Rates by Car Model
Guide: How to estimate car insurance using our car insurance estimator tool
Car insurance rates by age group in Wyoming
As you age, the cost of your car insurance might change. As a young driver, you’ll pay more than an experienced, older driver. This is because younger drivers are more prone to accidents. The Insurance Institute for Highway Safety reports that the crash rate for teen drivers is four times higher than for drivers 20 years old or older.
Car insurance companies know teen drivers are less experienced and riskier to insure. Wyoming drivers aged 30 to 60 have the lowest average auto insurance rates at $1,694 annually.
Drivers aged 16-19 pay $3,343 more for car insurance than Wyoming drivers aged 30-60 per year.
See the average rates by age group below:
- For teen drivers: Teens aged 16-19 can expect to pay $5,037 per year for a full coverage car insurance policy.
- For young adults: Drivers aged 20-25 can expect to pay $2,677 yearly for a full coverage policy.
- For average-aged adult drivers: Drivers aged 30 to 60 can expect to pay $1,694 annually in Wyoming.
- For senior drivers: Drivers aged 65 and older can expect to pay $1,743 per year.
Check out our detailed guide on average car insurance rates by age
Rates based on driver profile, history and habits in Wyoming
If your driving record includes a DUI, speeding ticket or an at-fault accident, your rates will increase significantly. A DUI conviction in Wyoming can increase your premiums by up to 75% because insurers see you as a risky driver.
Similarly, if you get a speeding ticket in Wyoming, you’ll likely see an increase in your car insurance premium by up to 32% upon your policy renewal. Typically, you’ll pay more for three years. However, your rate increase also depends on state laws, your insurance company and your driving record.
Here is how much your car insurance rate increases in Wyoming after driving incidents:
- Speeding ticket: Up to 32% increase
- DUI conviction: 75% increase
- At-fault accident (bodily injury and property damage): 31% increase
But even with a traffic ticket, comparison shopping can save you money.
Car insurance cost in Wyoming for high-risk drivers
In Wyoming, if you’re a high-risk driver, you’ll pay more for car insurance. Factors such as past accidents, speeding tickets, and having a low credit score can increase your insurance costs.
High-risk drivers can lower their insurance premiums by comparing price quotes from different insurance companies. Each company offers different prices, so shopping around and finding the best deal that fits your needs is a good idea.
Use this tool to compare prices from different companies and find out which is cheaper for drivers with speeding tickets, DUI convictions or at-fault accidents.
Select your state and risk factor below to see the insurance company and its
average annual full coverage rates.
| Company Name | Insurance Rates |
|---|---|
| American National | $1,384 |
| USAA | $1,555 |
| State Farm | $1,765 |
| Farmers | $2,285 |
| Geico | $3,778 |
| Allstate | $3,870 |
Learn more: The 10 most important factors that affect car insurance rates
Average car insurance cost in different states of U.S.
Please enter the correct format
Our apologies, we cannot display the data due to availability or spelling errors. Please check the spelling and try again. For assistance, reach out us via Compare car insurance quotes in Wyoming
In Wyoming, drivers can save on car insurance by comparing prices from different companies. Many factors affect how much you pay, like your driving history and the type of car you drive. Luckily, there are plenty of choices to help you find good insurance that fits your budget.
Start your search for the best car insurance policy in Wyoming by getting quotes from several insurers for comparison.
Below is a breakdown of car insurance companies in Wyoming and their average annual premiums.
| Company | State Minimum | 50/100/50 | 100/300/100 |
|---|---|---|---|
| American National Finance | $177 | $221 | $827 |
| State Farm | $245 | $297 | $1,521 |
| Farmers | $359 | $419 | $1,623 |
| Geico | $174 | $203 | $2,514 |
| Allstate | $624 | $658 | $2,831 |
| USAA | $164 | $190 | $1,230 |
Car insurance rates by city in Wyoming
Teton Village is Wyoming’s most expensive city for car insurance at an average cost of $1,825 annually. Cheyenne is the state’s least expensive city, with an average car insurance rate of $1,676 annually.
Car insurance costs differ from city to city in Wyoming, mainly because of traffic congestion. Cities with more traffic usually see more accidents and insurance claims, which makes insurance more expensive.
Other factors that can affect rates include the number of uninsured drivers, the cost of repairs and medical bills and the crime rate in the city.
The table below shows the average annual car insurance premiums for Wyoming’s largest cities.
Select your city below to see the insurance company and its average full coverage rates.
| Company Name | Insurance Rates |
|---|---|
| American National | $828 |
| USAA | $1,242 |
| State Farm | $1,523 |
| Farmers | $1,602 |
| Geico | $2,617 |
| Allstate | $2,801 |
How much does car insurance cost in Wyoming per month?
The average cost of a full-coverage car insurance policy in Wyoming costs $146 monthly for coverage limits of 100/300/100.
Paying car insurance monthly can offer individuals greater budget flexibility. By spreading the cost over time, they can avoid the strain of a hefty lump sum payment and manage their expenses more comfortably.
While paying your car insurance in full upfront at renewal can sometimes get you a discount, the best choice will depend on your situation.
| Coverage Level | Avg. Monthly Rates |
|---|---|
| State Minimum – Liability Only BI/PD | $24 |
| Liability Only – 50/100/50 BI/PD | $28 |
| Full Coverage – 100/300/100 Liability BI/PD with $500 Comp/Coll Deductible | $146 |
Final thoughts on choosing car insurance in Wyoming
The ideal car insurance company varies depending on what matters most to you. Some prioritize excellent customer service, even if it costs slightly more. Others focus on finding the cheapest rates. Some drivers also value the convenience of handling everything through a mobile app, while some prefer the personalized touch of a dedicated agent.
Ultimately, understanding your needs to find the best policy at the most competitive price is critical. Shop around for a good deal that provides peace of mind when hitting the open road in Wyoming.
Resources & Methodology
Sources
- Insurance Institute for Highway Safety. “Teenagers.” Accessed September 2024.
- USAA. “How credit affects insurance premiums.” Accessed September 2024.
Methodology
CarInsurance.com commissioned Quadrant Information Services to get car insurance rates in Wyoming. The average premiums are based on the sample profile of a 40-year-old male and female driving a Honda Accord LX with a good insurance score and a clean driving record.
The rates are for different coverage limits. It includes:
- Full coverage car insurance with a coverage limit of $100,000 in bodily injury per person, $300,000 in bodily injury coverage per accident, $100,000 in property damage coverage per accident and a $500 collision/comprehensive deductible.
- Liability-only car insurance rates with a limit of 50/100/50.
- State minimum coverage limit of 25/50/20.
To evaluate the rates, we have compared 53,409,632 insurance quotes from 75 company groups across 34,588 ZIP codes. The average premiums are for comparison purposes only; your exact rates may vary.
Note: USAA is only available to military community members and their families.
Ask the Insurance Expert
Laura Longero
Executive Editor
Laura Longero is an insurance expert and Executive Editor at CarInsurance.com, where she specializes in helping consumers navigate the complexities of the financial and insurance industries. She has 15 years of experience educating people about finance and car insurance. Prior to joining CarInsurance.com, she worked as a reporter and editor at the USA Today Network. Her expertise provides readers with practical guidance, helping them make informed choices about their financial and insurance needs.
Ask the Insurance Expert
John McCormick
Editorial Director
John is the editorial director for CarInsurance.com, Insurance.com and Insure.com. Before joining QuinStreet, John was a deputy editor at The Wall Street Journal and had been an editor and reporter at a number of other media outlets where he covered insurance, personal finance, and technology.
Ask the Insurance Expert
Leslie Kasperowicz
Executive Editor
Leslie Kasperowicz is an insurance educator and content creation professional with nearly two decades of experience first directly in the insurance industry at Farmers Insurance and then as a writer, researcher, and educator for insurance shoppers writing for sites like ExpertInsuranceReviews.com and InsuranceHotline.com and managing content, now at CarInsurance.com.
Ask the Insurance Expert
Nupur Gambhir
Managing Editor
Nupur Gambhir is a content editor and licensed life, health, and disability insurance expert. She has extensive experience bringing brands to life and has built award-nominated campaigns for travel and tech. Her insurance expertise has been featured in Bloomberg News, Forbes Advisor, CNET, Fortune, Slate, Real Simple, Lifehacker, The Financial Gym, and the end-of-life planning service.
Guide to car insurance (with rates) in cities of Wyoming