The average annual cost of car insurance in Wyoming is $356, or $30 per month, for a minimum-coverage policy, and $982, or $82 per month for a full-coverage policy. These prices are based on personal factors like age, driving record, ZIP code and more, so your rates may vary. That’s why it’s smart to compare insurance quotes.
This article covers everything you need to know about auto insurance in Wyoming, including:
- Cheapest car insurance in Wyoming
- Wyoming's most popular car insurance companies
- Minimum auto insurance requirements in Wyoming
Cheapest car insurance in Wyoming
The average cost of car insurance in Wyoming is $982 a year for a full-coverage policy and $356 a year for a minimum-coverage policy. That $626 difference accounts for coverage options like collision and comprehensive insurance, which are included in a full-coverage policy. Minimum-coverage policies, on the other hand, only include Wyoming’s required insurance limits.
| Company | Average annual premium |
|---|---|
| Wyoming average | $356 |
| GEICO | $170 |
| State Farm | $246 |
| Metropolitan | $312 |
| Mid-Century | $472 |
| Allstate | $579 |
Cheapest car insurance for a full-coverage policy
State Farm is the cheapest insurer for a full-coverage policy in Wyoming, according to our data. Here are more affordable options for a full-coverage policy:
State Farm has the cheapest rates, at $736 per year, or $61 per month, followed by GEICO, at $796 a year, or $66 per month.
Wyoming’s average annual cost for a full-coverage policy is $982, which is $246 more than the state’s cheapest rate. That’s why it’s smart to compare quotes from several insurance companies.
Cheapest car insurance companies for drivers with an accident
Our research shows that State Farm offers the cheapest insurance for drivers in Wyoming with a collision on their record. This is how the top insurers compare:
State Farm charges an average $864 per year, or $72 a month, for drivers with an at-fault accident on their record. That may sound pricey, but it’s actually the lowest rate in the state.
Our data shows that rates jumped $319 simply from a driver’s at-fault involvement in a single car accident. The best way to save money may be driving safely to avoid any collisions that may spike your insurance rates.
Most popular car insurance companies in Wisconsin
Which companies do Wyoming drivers turn to for car insurance? According to S&P, these insurance companies hold the highest market-share percentages in the state:
| Company | Market share |
|---|---|
| State Farm | 22% |
| Progressive | 14% |
| Mountain West Farm Bureau | 11% |
| Farmers | 11% |
| GEICO | 9% |
State Farm has a 22% market share, the highest in Wyoming. That’s followed by Progressive, with 14% of the market share.
Minimum car insurance requirements in Wyoming
Almost all drivers in the U.S. are legally required to carry a minimum level of car insurance. The amount of required coverage varies from state to state. In Wyoming, drivers need 25/50/20 minimum liability coverage. This means that any policy in the state must include at least the following:
- $25,000 of coverage for bodily injury liability per person.
- $50,000 of coverage for bodily injury liability per incident.
- $20,000 of coverage for property damage liability per incident.
Remember, you can purchase plans that offer more coverage, but if you want the bare minimum required to keep you legal on the road, make sure your policy has the above coverage.
Methodology
Best insurance for a full-coverage policy: This data is based on driving profiles of 35-year-old men and women in Wyoming with clean driving records, excellent credit scores and full-coverage policies (including comprehensive, collision and liability).
Best insurance for a minimum-coverage policy: This data is based on driving profiles of 35-year-old men and women in Wyoming with clean driving records, excellent credit scores and minimum-coverage policies (25/50/20).
Best insurance for drivers with an accident: This data is based on driving profiles of 35-year-old men and women in Wyoming with a single, at-fault accident, excellent credit scores and full-coverage policies (including comprehensive, collision and liability).
Sources:
QuoteWizard.com LLC has made every effort to ensure that the information on this site is correct, but we cannot guarantee that it is free of inaccuracies, errors, or omissions. All content and services provided on or through this site are provided "as is" and "as available" for use. QuoteWizard.com LLC makes no representations or warranties of any kind, express or implied, as to the operation of this site or to the information, content, materials, or products included on this site. You expressly agree that your use of this site is at your sole risk.