Cheapest Car Insurance in Wyoming

GEICO offers the most affordable minimum coverage at just $15 monthly or $176 annually, $90 less than the state average. Rates are based on December 2024 data from Quadrant Information Services. Read our research methodology to learn how we found the cheapest Wyoming car insurance.

State Farm is the cheapest car insurance company for most Wyoming drivers, with an average monthly rate of $40 for both minimum and full coverages, $8 less than the state average. Other affordable options include Farmers, GEICO and Allstate.

*We used combined minimum and full coverage rates for a 40-year-old driver with good credit and no driving violations to calculate these averages.

In Wyoming, GEICO is the cheapest car insurance provider for minimum coverage at $15 monthly, while State Farm is the most affordable for full coverage at $62. However, the best rate for you depends on your details. Below are the most affordable premiums for different driver profiles.

GEICO and State Farm provide the cheapest minimum coverage in Wyoming. The table below compares these options with the state average.

State Farm is the cheapest full coverage auto insurance provider in Wyoming, with rates averaging $62 per month ($745 per year) — $13 cheaper than the state average. Check the table below for other options.

In Wyoming, GEICO offers the best auto insurance rates for young adults. A minimum coverage policy averages just $17 per month for 25-year-olds.

*To determine the cheapest provider, we used minimum coverage for a 25-year-old driver with good credit and no driving violations.

GEICO offers the cheapest minimum coverage for young drivers in Wyoming at $17 per month, while Farmers provides full coverage for $72. Rates vary based on factors like driving history, but the table below offers a helpful comparison.

State Farm offers the most affordable auto insurance rates for seniors in Wyoming, with an average monthly premium of $15 for minimum coverage.

*To determine the cheapest provider, we used minimum coverage for a 65-year-old driver with good credit and no driving violations.

Senior drivers in Wyoming can find affordable rates with State Farm for most needs, including minimum and full coverage, as well as for drivers with a DUI, accident or speeding ticket. GEICO is ideal for those with bad credit. Rates may vary, so use the table below to guide your car insurance shopping.

Wyoming drivers with a DUI, at-fault accident or speeding ticket are considered high-risk and pay higher premiums than those with a clean record. Rates vary by offense. Below are the best car insurance options for high-risk drivers.

State Farm offers the best rates for Wyoming drivers with DUIs, averaging $19 per month ($233 per year) for minimum coverage.

*We used a 40-year-old driver with good credit and a DUI on record to calculate these averages.

With rates averaging $21 per month ($255 per year), State Farm is the cheapest auto insurance company for drivers after an at-fault accident. The table below lists other affordable options. Rates are for minimum coverage policies.

*We used a 40-year-old driver with good credit and an at-fault accident on record to calculate these averages.

State Farm offers the cheapest insurance for drivers in Wyoming with a speeding ticket, averaging $19 monthly. Check the table below to compare providers offering minimum coverage.

*We used a 40-year-old driver with good credit and a speeding ticket on record to calculate these averages.

GEICO is the cheapest car insurance provider for drivers with poor credit scores, with rates at $20 monthly and $240 annually for minimum coverage. Review the table below for more options.

*These rates are based on a 40-year-old driver with bad credit and a clean driving record.

For affordable home and auto insurance bundles in Wyoming, State Farm leads with an average annual premium of $2,567. Check the table below for more cost-effective options.

*Rates are for a 40-year-old driver with good credit and no driving violations.

The average costs of car insurance in Wyoming are $75 for full coverage and $22 for minimum coverage per month. Understanding these averages helps you gauge if you're getting a fair deal on your policy.

Wyoming is the second least expensive state for car insurance. The state's low population density, fewer risks from weather disasters and lower-than-average vehicle theft rates contribute to its lower insurance costs.

Wyoming law requires drivers to have car insurance with at least $25,000 for bodily injury per person, $50,000 per accident and $20,000 for property damage. These are the minimum amounts needed to drive legally.

Comprehensive and collision coverage may also be required if you finance or lease your vehicle. While minimum coverage is the cheapest option, it offers the least protection. For better financial security, experts recommend opting for full coverage with the highest deductible and liability limits you can afford.

Drivers with serious traffic violations like DUI might need to file for SR-22 insurance, which can increase premiums. You or your insurance company can submit the SR-22 form in Wyoming. It remains valid for three years from your most recent offense.

A surety bond is a common car insurance alternative in Wyoming. It involves purchasing a $25,000 bond from a licensed company, guaranteeing coverage for any damage or costs up to that amount.

Self-insurance is an option for individuals or businesses owning 26 or more vehicles. To qualify, you must meet Wyoming Department of Transportation (WYDOT) criteria and prove financial ability to cover potential liabilities without a traditional insurance policy.

MoneyGeek recommends full coverage car insurance, which includes liability, collision and comprehensive coverages. We suggest the following liability limits:

• $100,000 in bodily injury liability per person
• $300,000 in bodily injury liability per accident
• $100,000 in property damage per accident

Comprehensive coverage helps pay for damage to your car caused by theft, vandalism or natural disasters. Collision coverage covers damage from road accidents.

If your car is valuable, MoneyGeek suggests getting comprehensive and collision insurance, even if it isn't required by law. Choose your deductible for these coverages based on what you can afford before insurance covers the rest.

State Farm offers the cheapest full coverage at $62 monthly, while GEICO has the lowest rates for minimum coverage at $15. Though low rates are tempting, experts recommend investing in as much coverage as you can afford for better financial protection.

We answer common questions about Wyoming's affordable car insurance to help you find the right plan for your needs.

MoneyGeek obtained Wyoming auto insurance rates from the Wyoming Department of Insurance and Quadrant Information Services. We examined 4,495 auto insurance quotes from five providers across eight ZIP codes to determine Wyoming's most affordable car insurance companies.

Wyoming Driver Profile

We used a driver profile with the following background information to identify the cheapest auto insurance companies in Wyoming:

• 40-year-old male
• 2012 Toyota Camry LE
• Clean driving record
• 12,000 miles driven annually

To find the cheapest option for various driver backgrounds, we adjusted this sample profile by age, driving record, credit score, car make and model and military service where specified.

Standard Coverage Levels in Wyoming

We compared Wyoming car insurance companies that offer minimum and full coverage policies. We set the limits of the minimum coverage car insurance policy to the minimum amount required by law in Wyoming.

The minimum coverage liability limits in Wyoming are:

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

For full coverage policy rates, we used the following liability limits:

• $100,000 for bodily injury liability per person
• $300,000 for bodily injury liability per accident
• $100,000 for property damage liability
• Comprehensive and collision coverage with a $1,000 deductible

Home and Auto Coverage Levels in Wyoming

MoneyGeek analyzed the rates of insurance companies for a full coverage auto insurance policy that includes the following coverage and limits:

• $100,000 in property damage liability
• $100,000 bodily injury liability per person
• $300,000 bodily injury liability per accident
• Comprehensive and collision coverage with a $1,000 deductible

We also analyzed rates for a homeowners insurance policy that includes the following limits and coverage:

• $250,000 dwelling coverage
• $25,000 other structures coverage
• $100,000 personal property coverage
• $25,000 loss of use coverage
• $100,000 personal liability coverage
• $1,000 medical payments coverage
• All-perils coverage with a $1,000 deductible