Auto insurance for high-risk drivers in Wyoming

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Drivers with multiple at-fault accidents, moving violations or a DUI may have difficulty finding affordable rates for car insurance. In addition, reckless or high-risk driving in Wyoming could lead to your license being suspended, restricted or revoked. Wyoming high-risk auto insurance may be available from different providers at a higher premium on average than insurance for drivers with a clean driving history. There may also be non-standard coverage options when standard coverage is no longer available.

High-risk car insurance rates in Wyoming

The cost of car insurance in Wyoming depends on your driving record, vehicle type, level of insurance coverage and other various factors. Even with high-risk auto insurance rates, premiums in Wyoming are generally more affordable than in other states. Each auto insurer has its own threshold of risk when calculating insurance premiums. One insurance company may provide affordable insurance for a driver with speeding tickets but raise premiums sharply after an at-fault accident.

Car insurance rates after a speeding ticket

Speeding tickets could increase your car insurance rates slightly or significantly, depending on the insurer. There is no exact formula to determine which insurance company will be cheaper after a speeding ticket.

However, Bankrate’s 2021 study of quoted annual full coverage premiums found State Farm, Geico and Allstate to be some of the most affordable carriers on average.

Car insurance company Wyoming average annual premium for full coverage before a speeding ticket Wyoming average annual premium for full coverage after a speeding ticket % difference
State Farm $1,234 $1,270 3%
Allstate $1,675 $1,931 15%
Geico $1,872 $3,911 109%

One way to possibly avoid an increase in your insurance rates after a receiving a speeding ticket is by completing an approved traffic school course. These courses can often be completed online from the comfort of your home. Check with your insurer to learn if this is an option for you should you receive a speeding ticket.

Rates after an accident

In Wyoming, an at-fault accident will usually increase your premiums more than a speeding ticket. However, these rate increases may vary greatly from one insurance company to the next.

Car insurance company Wyoming average annual premium for full coverage before an accident Wyoming average annual premium for full coverage after an accident % difference
State Farm $1,234 $1,363 10%
Allstate $1,675 $2,159 29%
Geico $1,872 $2,940 57%

Allstate and Geico car insurance may start out as offering cheaper coverage on average for drivers with a clean driving record, but a single accident could increase your premiums drastically.

Rates after a DUI

Driving under the influence may be the most dangerous risk a driver could take both financially and in terms of safety. On average, a DUI conviction in Wyoming could cause full coverage premiums to rise 91%.

Here’s how getting a DUI can impact auto insurance rates in Wyoming.

Car insurance company Wyoming average annual premium for full coverage before a DUI Wyoming average annual premium for full coverage after a DUI % difference
State Farm $1,234 $1,270 3%
Allstate $1,675 $2,083 24%
Geico $1,872 $5,703 171%

Drivers convicted of a DUI in Wyoming may also need to ask their insurance company to file an SR-22, a form proving financial responsibility, with the DMV to have their license reinstated and legally drive.

Car insurance rates for teen drivers

Due to the risk an inexperienced driver can create, adding a teenager to your policy can cause rates to increase substantially. The table below showcases the average premium increase for adding a 16-year-old driver to your policy. So these premiums would be in addition to your regular auto premium.

Car insurance company Average annual premium increase for full coverage
State Farm $3,604
Geico $3,026
Allstate $2,491

*16-year-old on their parent’s policy

Who is a high-risk driver?

High-risk drivers come in all ages and experience levels. Insurance companies generally consider drivers with a DUI conviction or with multiple accidents or moving violations to be high-risk.

Many states may suspend or revoke your license after accumulating enough points on your driver’s license. So, in addition to increased auto insurance rates, you may risk losing your license from risky behavior behind the wheel.

How to lower your rate if you’re a high-risk driver

High-risk drivers may face limited carrier options and costlier premiums. Some ways to help offset the increase in premiums include:

  • Comparing multiple insurers to find the most affordable coverage based on your current needs.
  • Using as many applicable discounts as possible. Some examples are accident forgiveness, bundling discounts, discounts for low-mileage drivers and student driver discounts.
  • Completing an approved traffic school course, if available, to keep points off your driving record.
  • Increasing your deductibles to the highest amount you can afford. However, take time to consider how this may impact your finances should you experience an accident.

Saving as little as 5% to 10% on your car insurance could translate to hundreds of dollars over time.

Frequently asked questions

What is an SR-22?

An SR-22 is a form filed by your insurance company with the DMV on your behalf. It’s a certificate of financial responsibility that confirms you have at least the minimum amount of car insurance required to drive.

I’m a high-risk driver. Do I need extra car insurance?

All Wyoming drivers are required to have at least $25,000 in bodily injury liability coverage per person, $50,000 in bodily injury liability coverage per accident, and $20,000 in property damage liability coverage per accident. However, you may consider carrying coverage above state minimum requirements to avoid financial devastation from being involved in a costly accident.

Methodology

Bankrate utilizes Quadrant Information Services to analyze 2021 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on a 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits:

  • $100,000 bodily injury liability per person
  • $300,000 bodily injury liability per accident
  • $50,000 property damage liability per accident
  • $100,000 uninsured motorist bodily injury per person
  • $300,000 uninsured motorist bodily injury per accident
  • $500 collision deductible
  • $500 comprehensive deductible

To determine minimum coverage limits, Bankrate used minimum coverages that meet each state’s requirements. Our base profile drivers own a 2019 Toyota Camry, commute five days a week and drive 12,000 miles annually. These are sample rates and should only be used for comparative purposes.

High-risk drivers
Incident: Rates were calculated by evaluating our base profile with the following incidents applied: clean record (base), at-fault accident, single speeding ticket, single DUI conviction and lapse in coverage.

Written by
Mariah Posey
Insurance Editor
Mariah Posey is an insurance writer and editor for Bankrate.com specializing in auto and home insurance. She aims to make the insurance journey as convenient as possible by keeping the reader at the forefront of her mind in her work. With a background in reporting and feature writing, she has a knack for conducting research, writing factually while incorporating compelling details, and prioritizing story intent. Mariah is originally from New Jersey and holds a bachelor’s degree in journalism from Elon University. Prior to joining the team, she worked as a copyeditor and writing consultant at her alma mater. She has covered topics ranging from news to tech and lifestyle and has a vested interest in producing engaging content for audiences.
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