The Best Car Insurance Rates in Wyoming — 2021 Guide
Wyoming drivers are a lucky bunch. The Cowboy State has some of the most scenic roads in the country, not to mention a premium rate that’s lower than the national average.
But who wants to settle for just average? Some shopping around — and a little help from us — can easily help you secure a great deal.
We grabbed quotes from multiple Wyoming car insurance providers to see who offers the best bang for the buck. However, buying car insurance is seldom just about finding the lowest rate. Customer service, online tools, discounts and coverage options, availability, and financial stability are all important factors. That’s why we also checked how each player performs on these parameters and ranked them accordingly.
Continue reading to find which auto insurer offers you great value for money in the Equality State.
The Best Wyoming Auto Insurance
- GEICO — The Overall Winner
- Progressive — The Cheapest Option
- Allstate — The Best for Discounts/Optional Coverage
- Liberty Mutual — The Best for Car Repair Insurance
- USAA — The Best for Military
The Overall Winner: GEICO
One of the most popular auto insurers in the country, GEICO promises to save 15% or more on your car insurance. But how do its rates stack up against the competition in the Equality State? Does it offer cheap car insurance in Wyoming?
You bet. At $113 a month, its rates are much lower than the state’s average. So keep GEICO on the radar if you are looking for an affordable auto insurer.
That said, GEICO didn’t get to the top of our list with reasonable rates only. It has several other aces up its sleeve.
For starters, it’s financial strength is better than most insurance companies in Wyoming. A.M. Best gave it the highest possible rank of “A++.” In simple English, this means customers can count on GEICO to pay out their claims whenever they file them, whether that’s tomorrow or months down the line.
GEICO also impressed us with its online tools, especially its mobile app. You can use it to complete all the standard tasks on the go (like requesting a tow or paying your premiums) plus some more. For instance, GEICO’s smartphone app, unlike the apps of most other companies that offer car insurance in Wyoming, finds you the most affordable gas station near your location, provides updates about your repair and even lets you chat with a GEICO representative. No wonder both Apple and Android users rate its app highly, giving it a rating of 4.8 out of 5.
However, GEICO doesn’t shine in the customer service department. That said, its record is not too shabby either, as confirmed by its score of 3 stars out of 5 in J.D. Power regional study for Wyoming region. Its NAIC score of 0.62, on the other hand, is quite impressive. This indicates it gets fewer complaints than other companies of its size.
All in all, thanks to its affordable Wyoming car insurance rates, robust financial strength, and splendid online tools, GEICO is one name most drivers should check out. However, if you value experience more than price, look elsewhere.
Choose GEICO for its cheap premiums, strong financial standing, and impressive online tools.
Look elsewhere if you want GAP insurance or top-notch customer service.
The Cheapest Option: Progressive
Progressive comes out as the most pocket-friendly option in most states. But what about its Wyoming car insurance quotes? Are they light on your pocket?
Yup, the same narrative plays out in the Cowboy State. When it comes to price, Progressive beats the competition to the punch. With an average premium rate of $70 for a 40-year-old driver with a clean record, it makes an offer that few would want to refuse.
However, Progressive doesn’t offer a great bargain to good drivers only. Its rates for high-risk drivers are no less impressive. As a matter of fact, Progressive specializes in these drivers and offers them cheaper Wyoming automobile insurance than most.
Progressive also shines in the financial strength department, earning the second-highest rating of “A+” from A.M. Best. It also offers an innovative tool, called Name Your Price. If you don’t want to hunt discounts and crunch numbers, simply enter the amount you want to pay, and the tool will list a range of coverage options.
However, Progressive’s customer service record is spotty. It could get only two stars in J.D. Power regional study. But if your priority is cheap Wyoming car insurance, and you don’t mind a tradeoff in customer service, Progressive might just be the one for you.
Choose Progressive for its dirt-cheap premiums.
Look elsewhere if you want great customer service.
Best for Its Variety of Discounts/Optional Coverages: Allstate
Allstate ads claim that, with them, you’ll be in good hands. That may well be the case, but what the insurer doesn’t tell upfront is how much their “good hands” coverage costs.
Compared to Progressive and GEICO, two of the most affordable players in the Wyoming auto insurance business, Allstate’s premium rates are significantly higher. However, the good part is that it offers more ways to save on auto insurance than most other companies.
For instance, Allstate handsomely rewards safe drivers through its Allstate Rewards, vanishing deductible, and Safe Driving Bonus Check programs, making it an appealing option for this class of drivers.
Likewise, those looking for affordable Wyoming car insurance for college students should give Allstate a shot. It is one of the few players in the Cowboy State that run a student discount program.
Allstate’s selection of optional coverages is just as impressive as its range of discounts. In addition to all the regular car insurance policy options, it offers many unique add-ons, such as sound system insurance, classic car insurance, and rental car insurance. If you need any of these extra coverages, consider grabbing a Wyoming car insurance quote from the insurer.
Continuing with the positives, Allstate offers Wyoming drivers a unique claims satisfaction guarantee. If you’re not satisfied with the way your auto claim was handled, the insurer will return your money back — no questions asked. Allstate does pretty well in the financial strength department as well, earning an impressive “A+” rating from A.M. Best.
However, its customer service is just about average, as confirmed by the 2019 J.D. Power regional survey, where it got three stars out of five.
All in all, even though Allstate doesn’t offer the cheapest auto insurance in WY, it’s a viable option for certain drivers, such as safe drivers, students, and those looking for unique add-ons.
Consider Allstate for its unmatched selection of coverage and discount options. Look elsewhere if you want the most competitive rates or the best service.
Best for Car Repair Insurance: Liberty Mutual
Liberty Mutual, one of the better-known names in the US auto insurance industry, offers a free unique feature with all their standard policies — Lifetime Repair Guarantee. It eliminates the hassles of getting your car fixed after an accident.
Unlike other auto insurance companies in Wyoming, Liberty Mutual will make arrangements for repairs at one of its 2000 repair network centers. On top of this, it offers a lifetime guarantee on repairs, provided you own the car.
Another unique feature offered by the insurer is Better Car Replacement. If your car gets totaled, Liberty Mutual will replace it with a car that is one model year newer and has run 15,000 miles fewer than your present car. Again, you’ll be hard-pressed to find this add-on with any other Wyoming car insurance provider.
Liberty Mutual is in the pink of health financially, reflected by its “A+” A.M. Best rating, and offers a spate of discounts — although not as many as Allstate or State Farm. While we were unable to verify Liberty Mutual’s rates in Big Wyoming, its prices generally are in the middle of the scale.
However, its customer service record is downright spotty. Liberty Mutual could manage just two stars in J.D. Power regional study. Its NAIC score of 1.05 is subpar as well.
That said, if Liberty Mutual’s poor service record is not a dealbreaker, consider getting a car insurance quote in Wyoming from it, especially if you fancy add-ons like Lifetime Repair Guarantee or Better Car Replacement.
Consider Liberty Mutual for its special add-ons. Look elsewhere if you are looking for top-shelf service.
Best for Military: USAA
USAA is the blue-eyed boy of customer surveys, consistently topping them with ease. This holds true for the Cowboy State as well, where USAA earns a perfect score in both overall satisfaction and claims handling. On top of this, its car insurance Wyoming quotes are competitively-priced and financial standing is second to none.
Considering all this, you might be thinking why haven’t we ranked it at the top of our list.
We would have if it wasn’t for USAA’s limited availability. Its products are available to only the US Military personnel and their family members. If that sounds like you, start your search with USAA. You might be in for a treat, especially if you are someone who likes to bundle services with a single company.
Unlike many other top-ranking Wyoming car insurance providers, USAA provides a slew of services in addition to auto insurance, including real estate, investment, and banking. Pairing car insurance with one or more such services can lower your cost of car insurance even further.
As far as making a claim is concerned, that’s simple and quick. You can contact one of the USAA’s representatives over the phone or use its smartphone app to initiate proceedings.
Choose USAA for its top-notch performance across the board.
Look elsewhere if you don’t qualify.
Cheap Car Insurance in Wyoming (By City)
To find out which players offer good value for money in five major cities in Big Wyoming, we gathered quotes from multiple players. Our quote included full coverage limits and was for a 40-year-old male driver with a clean driving record. Our referenced vehicle was the 2018 Honda Accord.
Cheyenne is the capital and the most populous city in Wyoming and perfectly embodies the spirit of the Old West. Cheyenne is known for Cheyenne Frontier Days, the world’s largest rodeo, as well as for its museums and historic mansions.
The average rate of car insurance in Cheyenne, Wyoming for a 40-year-old driver is $132 a month, which is costlier than most other cities in the Cowboy State. Nevertheless, several budget-friendly options are available to Cheyenne drivers, none better than Progressive. Add GEICO to your list as well, since its rates are considerably lower than the city’s average.
We would also recommend getting a quote from State Farm and Progressive. While they are not the most cost-effective car insurance companies in Cheyenne, Wyoming, both offer a wide selection of discounts.
Situated on the Laramie River, Laramie lies to the west of Cheyenne and is known for its scenic location, educational opportunities, and low taxes. Money Magazine rated it as one of the top cities for retirees in 2011.
We gathered car insurance quotes in Laramie, Wyoming from multiple players to find out who offers the best bargain. If the price is the most important factor for buying coverage, don’t look past Progressive. Its rates are almost 40% cheaper than the city’s average. Other viable options include GEICO and State Farm.
Located south of Wild River Indian Reservation, Lander has a population of around 7,500. Thanks to its scenic location and recreational highlights, it is a great place to live in, especially for those who love fresh mountain air and an active lifestyle. When it comes to offering low-cost auto insurance coverage, Progressive is a few country miles ahead of other Lander Wyoming car insurance companies. You can’t go wrong with it if you are on a tight budget. However, mind you, Progressive’s record in customer service is spotty at best. If that’s a concern and you can stretch your budget a bit, consider State Farm — ranked fifth from the top among 12 insurers in the Wyoming region. GEICO, on the count of its affordable rates and reasonably good customer service, also deserves a mention, as does Allstate, whose selection of discounts is much more exhaustive than of most Wyoming car insurance providers. Also, Allstate offers some special optional coverages, like classic car insurance, which you may not find everywhere.
Incorporated in 1909, Powell is an All-American City with a population of about 6,400. It is named after John Wesley Powell, US soldier and explorer. The city boasts of some of the best museums in the state of Wyoming. The most affordable option in Powell, Wyoming, for car insurance is Progressive. You can also add GEICO and State Farm to your shortlist. Another name worth a shot is Allstate, especially for those who want to add classic car insurance optional coverage to their policy.
Located on the Big Horn River, Worland has a population of over 5,000. It is the county seat of Washakie County and has a proud heritage of initiative and innovation. Like in other cities, Progressive emerges as the most cost-effective option in Worland, Wyoming, for car insurance. However, Progressive’s customer service record in the Equality State is below par. If you want better service, State Farm can be a good option, ranked among the top 5 players in the Equality State in the J.D. Power regional study. On the other hand, those looking for special optional coverages can give Allstate a go. We also recommend GEICO, since its rates are affordable, financial standing is as good as they come, and customer service average.
Wyoming Car Insurance Laws
Wyoming Automobile Insurance Plan (WY IP)
All drivers must carry the state’s minimum auto insurance coverage to legally drive in the Cowboy State. However, that doesn’t mean all drivers get coverage in the standard market. Not infrequently, drivers with spotty driving record get turned down when they apply for car insurance. So what’s the way out for “rejected” applicants?
Enter Wyoming Automobile Insurance Plan (aka WY IP). It makes sure that basic Wyoming car insurance coverage is available to everyone who meets the following criteria: (1) you were turned down coverage in the last 60 days and (2) you hold a valid driver’s license.
Thanks to WY IP, high-risk drivers can buy the basic auto insurance policy and drive legally. However, getting coverage through WY IP is no one’s idea of fun. Such coverage usually comes with a hefty price tag. For this reason, don’t go running to WY IP at the first rejection. First, try all your options, and if unsuccessful, only then seek its helping hand.
Wyoming Car Insurance Min Requirements
Anyone driving a motor vehicle in the Equality State must have the following types of coverage with the mandatory liability limits:
Bodily Injury Liability — $25,000 per person/$50,000 per accident; it pays for injuries you cause to other people in a road accident.
Property Damage Liability — $20,000 per accident; it pays for the damage you cause to someone else’s vehicle or property, such as a fence.
Wyoming Car Insurance SR22
A severe traffic violation may trigger a requirement that you’ve never faced before — SR22. To maintain your driving privileges or reinstate them, you may require your auto insurer to file an SR22 form with the local DMV.
However, an SR22 requirement can bump your premium rates up considerably. By how much? Well, that depends solely on the violation that triggered the SR22 filing in the first place. However, some Wyoming auto insurance providers, like Progressive, go easier on such drivers than others. So if you require SR22, don’t forget to shop around a little.
You may require an SR22 certificate if you have received a DUI citation, were caught driving without insurance, were involved in an at-fault accident, or have accumulated too many tickets in a short span of time.
Thankfully, SR22 is typically not a permanent addition. In most cases, the driver needs to carry it for three years. After that, the insurance rates are likely to improve, often considerably.
Car Insurance in Wyoming for New Residents
According to AAA’s guidelines on Wyoming’s driving laws, non-residents owning a vehicle registered in another state don’t need to register in Wyoming as long as any of the following conditions are met.
1. You are not using the vehicle for profit or gain.
2. You are not employed in Wyoming.
3. You are a student at a licensed school offering post-secondary education.
4. You are a non-employed seasonally-employed agriculture worker and use the vehicle for transportation.
Non-residents who are vacationing in the Equality state can drive on their home plates for a period of not more than 120 days.
US military personnel may retain their home registration.
Price Optimization in Wyoming
Think your car insurance premium in WY depends on just your risk? Think again.
Auto insurers, big and small, frequently take into account factors that have nothing to do with the driver’s risk. For instance, they look at your previous insurance, credit score, and even online shopping habits to determine if you are the like who sticks around with the same provider for years.
In case your car insurance company in Wyoming thinks you are a “loyal” type, they will charge you a higher rate come renewal time. But if they think you are likely to take your business elsewhere, you will get a better rate.
Several states have come hard on price optimization by banning it altogether — but not Wyoming.
For this reason, it’s a good idea to shop around for auto insurance every now and then. This way, your insurer will not take your loyalty for granted and give you the best rate at renewal.
No-Fault Car Insurance Laws in Wyoming
Wyoming is a “fault” state, which means every driver is responsible for the damage they cause. From a practical standpoint, your auto insurer pays for these losses, up to the policy limits.
Our research on car insurance rates in the US reveals that a “fault” system is frequently linked with lower average rates. For instance, Florida, which follows a “no-fault” system has the third-highest rates for auto insurance.
This goes to show an “at fault” system works is easier on your pocket, but it’s important you purchase adequate coverage. Otherwise, if the injured driver’s losses exceed your policy limits and they file a personal injury lawsuit, you may find yourself staring at a tall stack of bills.
How to Get Cheap Auto Insurance in Wyoming
Check Car Insurance Reviews
There’s no such thing as a perfect auto insurer for everyone since every driver has unique needs. Therefore, besides checking the overall scores of various companies, look at their performance on factors most important for you. For sure, this guide helps you with just that, but if you want more options, our car insurance rankings — which covers no fewer than 24 US auto insurers — is just what you need.
Compare car insurance quotes in Wyoming
We equate loyalty with reward. If you stay loyal to a business, you get discounts or gift coupons or, at the very least, preferential treatment.
However, when it comes to car insurance, loyalty may work against you — courtesy of price optimization. Your insurer may try to take advantage of you by charging you more.
Nevertheless, you can beat auto insurers at their own game by shopping around every year or two. This way, your Wyoming auto insurance provider will know they risk losing you if they hike the rate without any reason.
See who provides the highest discounts
Every insurer offers ways to save on auto insurance. To make sure all discounts available to you are factored in, request your insurance agent to review your possible savings. If you are gathering a quote online, there’s nothing to worry about. The system automatically tacks on discounts based on your inputs.
Frequently Asked Questions
How much is car insurance in Wyoming?
Based on our research, the average premium rate is $130 in Big Wyoming. However, your rate may be more or less than that, depending on your profile. Typically, insurers rate students, new drivers, and those with a spotty driving record as high risk and charge them more.
What is the minimum vehicle insurance in Wyoming?
To legally drive in the Cowboy state, drivers must have these two types of coverage on their policy:
- Bodily injury coverage (minimum limit = $25,000 per person/$50,000 per accident).
- Property damage coverage (minimum limit = $20,000 per accident).
What car insurance is required in the state of Wyoming?
Bodily injury ($25,000 per person/$50,000 per accident) and property damage ($20,000 per accident) are mandatory in Wyoming.
How long do I have to get insurance after buying a car in Wyoming?
Car insurance policies that extend protection to new cars usually allow consumers 7 to 30 days to tell the insurer about their new purchase. To know exactly how long you have, read the insurance contract or contact your insurer.
Who has higher car insurance Montana or Wyoming?
Research shows car insurance is slightly cheaper in Wyoming compared to The Treasure State. You can further sweeten the deal and lower your Wyoming car insurance rates substantially by adopting the tips listed in this post.