Average Cost of Car Insurance in Wyoming

Aggregated data suggests that Wyoming drivers can expect to pay around $1,540 per year or $128 per month for full coverage car insurance in 2024. If you opt for coverage that only meets the state’s minimums, you can expect to pay around $292 per year or $24 per month.

However, these figures don’t take into account how your individual characteristics, such as your age or driving record, factor in. Consequently, your premium may be higher or lower than the average. To help you get a better idea of what your specific rate might look like, we’ve compiled further data based on demographics.

Bear in mind that data is less reliable for specific demographics, so the state average should be the primary reference point, with demographic averages serving as relative, not absolute, price indicators. For example, if data indicates that men have a higher average premium than women, you can use this difference to predict that, if you are a man, your premium will be higher than the average, not that your premium will necessarily be close to the average rate for men.

By Age

Car insurance rates peak for teenagers, who are considered to be the riskiest demographic to insure. After the teenage years, premium costs steadily decrease into middle age, where they plateau until the driver reaches approximately their 70s.

Based on aggregated data, here are the best car insurance companies in Wyoming that offer cheap rates (data is based on full coverage prices unless otherwise specified).

Wyoming has cheap car insurance rates from the get-go, but it’s possible to bring them down even further. Here are some strategies you can use:

1. Maintain a clean driving record: Ensuring that you avoid accidents, speeding tickets and other violations like DUIs is the best way to keep your car insurance premiums low.
2. Enroll in a safe driving rewards program: Some insurers provide discounts to customers who allow their driving to be monitored via an app. There are a lot of trade-offs to consider here — there are privacy concerns and it’s easier to get caught speeding (the app will detect it automatically while normally you’d only get caught if a police officer happens to see you). That said, it can be worth it for some people.
3. Look for discounts: Lots of insurance companies offer discounts for all sorts of reasons, including bundle discounts (for example, if you bundle your car and home insurance), multicar discounts, paperless discounts and discounts for paying upfront.
4. Opt for higher deductibles: If you have full coverage insurance, you can choose higher deductibles on your collision and comprehensive coverage to keep your premium lower. Keep in mind that you need to be ready to foot the additional cost of the deductible before the coverage kicks in.

According to Wyoming law, all drivers in the state must have insurance that covers at least the following:²

Wyoming is an at-fault state, so whoever causes an accident will be required to pay for the costs. Typically, that will come out of the at-fault driver’s insurance policy and, if the at-fault driver doesn’t have coverage, it would come out of the other driver’s uninsured motorist coverage.

However, since Wyoming doesn’t require drivers to have uninsured motorist insurance, you may get stuck with a bill if you only opt for the minimum coverage and get into an accident with an uninsured driver — even if you’re not at fault. That’s why we recommend adding uninsured/underinsured motorist coverage to your policy if you can afford it.

If you commit a serious driving violation, such as a DUI, then your insurance company will be required to file an SR-22 for you with the state of Wyoming for three years. An SR-22 is a certificate of financial responsibility that proves that you have the requisite insurance coverage and filing one means your insurance rates will increase.

On the whole, Wyoming has cheap insurance coverage compared to the rest of the United States. For most demographics, American National has some of the best rates.

However, averages can only tell you so much. Your insurance premium is based on a wide variety of factors and will vary from insurer to insurer. It’s always a good idea to get quotes from multiple insurance companies to make sure that you’re getting the best possible rates.

AutoInsurance.com has 20 years of experience in the auto insurance industry. We compare the cost of different insurers by sourcing, aggregating, analyzing and consolidating valuable data on different insurers and state requirements. Learn more about our methodology and rating sources.