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The best cheap car insurance in Wyoming

Buffalos grazing in a field with the mountains in the background.
Car insurance in Wyoming is affordable.

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The average Wyoming driver will pay just $765 annually for car insurance, according to the Insurance Information Institute. The national average premium for car insurance is $935 per year, and Wyoming is the eighth least expensive state in the US for car insurance.

Car insurance companies consider your location, age, gender, and driving record to calculate rates for premiums. Other factors like credit score, marital status, vehicle type, previous coverage, and miles driven can all play a role in the amount you’ll pay for coverage.

There are opportunities to save by shopping around and comparing coverage beyond the premium, or the amount you’ll pay for coverage.

Minimum car liability insurance requirements in Wyoming

Liability coverage is required by law. If you’re involved in an accident, liability insurance covers damage you cause to the other vehicle, driver, and its passengers. If you finance or lease your car, your lender probably requires comprehensive and collision coverage.

The two main components of liability insurance are bodily injury and property damage, which most states require. Liability insurance also includes uninsured motorist and underinsured motorist coverage, to protect you when an at-fault driver hits you and they have no coverage, or not enough coverage.

Wyoming requires bodily and property coverage, according to the Insurance Information Institute. Wyoming’s minimum liability requirements are 25/50/20, which means up to $25,000 of injury protection for each person involved in an accident, up to $50,000 worth of injuries per incident, and up to $20,000 of property damages per incident.

Types of liability coverage Definition
Bodily injury (BI) Injury you cause to others, includes medical expenses, lost wages, and funeral expenses
Property damage (PD) Damage you cause to others’ vehicle or property
Uninsured motorist (UM) Protects you when an at-fault driver hits you with no insurance
Underinsured motorist (UIM) Protects you when an at-fault driver hits you with not enough coverage

Best cheap car insurance in Wyoming based on credit score

Consumer Reports compiled a list of all car insurance pricing formulas from all companies in every state. It used an average single adult driver to find the best pricing in each state, and found that three companies came out on top for three different credit levels. Here are the three best companies and their average price for coverage:

Excellent credit (FICO 800+) Good credit (FICO 670-739) Poor credit (300-579)
  • USAA: $614 per year
  • State Farm $868 per year
  • GEICO: $1,189 per year
  • USAA: $829 per year
  • State Farm: $1,018 per year
  • GEICO: $1,366 per year
  • State Farm: $1,690 per year
  • GEICO: $1,707 per year
  • Allstate: $2,283 per year

*USAA is only for active military, veterans, and their families.

Average premiums for seniors drivers in Wyoming

Senior drivers typically see an uptick in car insurance premiums as they age, but not as much of an increase as new or teen drivers. If you’re still driving in your 60s and 70s, there are ways to negotiate cheaper auto insurance rates, like pay-per-mile usage.

According to Goosehead Insurance, senior drivers in Wyoming pay around $2,826 per year.

Wyoming car insurance rates by town

Where you live impacts your premium. Those in urban areas pay more than those in rural areas. Below is the estimated average annual premium of auto insurance policies per household in Wyoming’s most populous cities:

Town Average annual insurance premium
Cheyenne $1,303
Casper $1,291
Laramie $1,210
Gillette $1,366
Rock Springs $1,338
Sheridan $1,249
Green River $1,326
Evanston $1,227
Riverton $1,268
Jackson $1,426
Cody $1,319
Rawlins $1,321
Lander $1,271
Torrington $1,260
Ranchettes $1,451
Powell $1,276
Douglas $1,332
Worland $1,214
South Greeley $1,259
Buffalo $1,261
Fox Farm-College $1,147
Wheatland $1,241
Newcastle $1,222
Warren AFB $1,225
Mills $1,180
Evansville $1,218
Kemmerer $1,328
Bar Nunn $1,328
Thermopolis $1,262
Glenrock $1,310
Lovell $1,175
North Rock Springs $1,426
Moose Wilson Road $1,442
Pinedale $1,333
Afton $1,330
Lyman $1,319
Greybull $1,169
Star Valley Ranch $1,395
South Park $1,526
Fort Washakie $1,237

Data from S&P Global Market Intelligence

Best car insurance in Wyoming based on customer satisfaction

Customer satisfaction with car insurance providers may factor into your decision. Customer satisfaction is defined by five factors: billing process and policy information; claims; interaction; policy offerings; and price. According to a 2021 survey by J.D. Power, a consumer research company that surveys customers, these are the top car insurance companies in the Northwest region (which includes Wyoming):

The following are the most popular car insurance companies in Wyoming, based on the percentage of insured Wyoming drivers who use them:

Company Market share (%)
State Farm 20.99
Progressive 16.58
Farmers Insurance 12.06
Mtn W Farm Bureau Mutl Ins Co. 10.27
GEICO 9.08
USAA* 7.32
Liberty Mutual 6.83
Allstate 5.90
Nationwide 2.20
American National 2.06
Sentry 1.50
The Hartford 1.30
Markel 0.78
CSAA Insurance Exchange 0.41
American Family Insurance 0.38
Chubb 0.35
California Casualty 0.30
Horace Mann 0.30
Badger Mutual Insurance Co. 0.29
Acuity A Mutual Insurance Co. 0.28
Tokio Marine 0.18
AIG 0.17
Grange Insurance 0.13
Global Indemnity 0.10
Amica 0.10

*USAA is only for active military, veterans, and their families.

Data from S&P Global Market Intelligence

Who gets the best car insurance in Wyoming?

Those who get the best car insurance rates are going to be those who have the best credit. There are several other factors that can change the way that an insurance company will price your premium, including your age, gender, the type of car you drive, and where you live in Wyoming.

Another way to save is to shop around – every insurance company prices policies differently, and no two policies are the same. Prices vary greatly depending on whether you get liability, comprehensive, or collision coverage.

Consider the amount of coverage and the types of coverage listed on your quote. Remember, you’re looking for the most coverage for your money. Don’t forget to look at the deductible, or the amount you’ll pay out of pocket if you get into an accident.

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