Cheapest car insurance in Wyoming for 2023

The cheapest car insurance companies in Wyoming

Like in most states, car insurance is required in Wyoming. However, with average rates below the national average, it may be easier than you think to find affordable coverage in the state.

Bankrate’s insurance editorial team partnered with Quadrant Information Services to obtain up-to-date premium information from the major insurance carriers by market share in Wyoming. We then analyzed the data to see what companies tend to offer the cheapest average rates.

If you are shopping for the cheapest auto insurance in Wyoming, the following companies might be a good place to start:

Cheapest company in Wyoming for minimum coverage

Cheapest car insurance in Wyoming for full coverage

Cheapest car insurance company for adding a teen driver

Cheapest company for getting a speeding ticket in Wyoming

Cheapest company for being in an at-fault accident in Wyoming

Cheapest company after a high-risk incident in Wyoming

The cheapest car insurance companies in Wyoming by coverage level 

Like most states, the state of Wyoming requires drivers to have a certain amount of auto insurance to drive legally. Minimum coverage may be the most affordable option, with an average state cost of $263 per year, but this may not offer the coverage you need in the event of an accident or other incident. Many insurance experts recommend that you purchase more than minimum coverage if you can afford to do so for enhanced financial protection. Full coverage, which includes collision and comprehensive insurance, can be found in Wyoming for an average cost of $1,582 per year. These rates are far below the national average, which is $622 for minimum coverage and $2,014 for full coverage.

Cheapest cities in Wyoming for car insurance

When looking for the cheapest car insurance in Wyoming, it's worth noting that where you live impacts the price you will pay for your policy. Those who live in ZIP codes with high accident, theft or vandalism rates likely pay more for car insurance. Areas with more severe local weather patterns may also see higher rates. Below are some of the most and least expensive cities for car insurance in Wyoming based on average rates.

Factors that impact cheap rates in Wyoming 

More than a dozen personal rating factors impact your cost of car insurance. In Wyoming, these include your age, gender, vehicle type, driving record and credit history. Since car insurance rates are based on these personalized factors, your individual premium may vary greatly from the state's average rates. Below we explore the cheapest carriers across a range of driver profiles.

Minimum coverage requirements for Wyoming drivers

To drive legally in Wyoming, you must purchase at least the following minimum coverage:

• $25,000 bodily injury per person
• $50,000 bodily injury per accident
• $20,000 property damage

Drivers who opt for minimum coverage insurance generally pay some of the lowest premiums. However, insurance professionals usually recommend that drivers purchase coverage beyond the lowest limits. If you cause an accident and the damages and injuries exceed your policy limits, you will be responsible for the difference out of pocket.

Minimum coverage does not include any coverage for damage to your own vehicle. For that, you will need to add comprehensive and collision coverage. Adding those coverage types constitutes a full coverage policy. If you have a loan or lease on your vehicles, you likely have to carry full coverage per your lender’s requirements. You may also be required to carry certain liability limits in excess of the state minimum and have a cap on how high your deductible can be.

How to get the cheapest car insurance in Wyoming

Drivers who are looking for the cheapest car insurance in Wyoming may want to start by finding an affordable provider. However, there are several other ways that drivers can get a low insurance rate, including:

Shop around and compare quotes 

One great strategy for finding cheap insurance in Wyoming may be to shop around. Comparing quotes from a handful of the state's best car insurance companies may show you which offers the lowest rates and most applicable discounts for your personal circumstances. You may be surprised to find that the rates offered for the exact same coverage vary greatly from company to company. 

Maintain a clean driving record

As demonstrated by the average rates above, your driving record may have a big impact on your auto insurance rates. Safe drivers generally see some of the lowest average rates and may qualify for additional savings opportunities, like discounts and accident forgiveness incentives. Many insurers are now using telematics programs to monitor your driving skills in real-time. Good drivers may save even more on their premiums by demonstrating safe habits behind the wheel with a telematics program.