Average Cost of Car Insurance in Wyoming for 2023

Whether you're a rodeo fan or love hiking through Yellowstone, Wyoming has incredible sights and attractions.

With its low population, it's not surprising that Wyoming has cheaper auto coverage than other states. The average cost of car insurance in Wyoming is $1,349 per year for full coverage policies, nearly 12% lower than the national average.

How much you'll pay for coverage depends on several factors, including where you live in Wyoming, your age, credit history, and driving record.

Key takeaways:

• The average cost of car insurance in Wyoming is $1,349 per year for full coverage insurance.
• Teens pay an average of $3,312 per year for car insurance.
• The average annual premium after a DUI conviction is $2,388.

How much does car insurance cost in Wyoming?

Because Wyoming has a smaller population, fewer cars are on the road too. In fact, the U.S. Department of Transportation reported that there are just 861,028 vehicles registered in Wyoming, the fourth-lowest number in the country.

As a result, car insurance in Wyoming is relatively inexpensive. The average cost of full coverage policies that include liability, collision, and comprehensive insurance is $1,349, about $180 less than the national average of $1,529. And state-minimum liability coverage is just $305 per year.

Avg. cost for full coverage	Avg. cost for minimum coverage	Cheapest insurance provider
$1,349/year	$305/year	American National Finance

Avg. for young drivers	Avg. cost for seniors	Avg. for high-risk drivers
$3,312/year	$1,435/year	$1,914/year

Average cost of car insurance in Wyoming by provider

When it comes to insurance providers, you have several options in Wyoming. We found that of the providers listed below, USAA and State Farm are the cheapest for full coverage policies, and USAA and GEICO have the lowest average premiums for state-minimum liability coverage.

Provider	Full coverage	Minimum liability coverage
MetLife	$1,163/year	$258/year
Farmers	$1,401/year	$381/year
Allstate	$1,607/year	$499/year
GEICO	$1,442/year	$203/year
State Farm	$1,022/year	$247/year
USAA	$866/year	$186/year

How does credit score affect car insurance rates in Wyoming?

Your credit score plays an important role in determining your car insurance rates. Insurance companies will review your credit when underwriting your policy, so having a low credit score can cause you to pay more for coverage.

In Wyoming, drivers with excellent credit pay an average of $1,248 per year, about $101 less than the state average. By contrast, those with poor credit pay an average of $2,013 per year, 49% more than the state average.

Credit health	Avg. annual premium
Poor (550-649)	$2,013/year
Average (650-699)	$1,476/year
Good (700-749)	$1,408/year
Excellent (750+)	$1,248/year

Average car insurance rates for high-risk drivers in Wyoming

Unfortunately, Wyoming has a high percentage of drivers getting behind the wheel after drinking; the state has the highest rate of alcohol-impaired driving fatalities in the country. Considering those issues, it's not surprising that driving violations can impact your car insurance costs in the state.

We found that car insurance premiums in Wyoming increase by an average of $1,039 per year after a driving under the influence (DUI) conviction. And a speeding ticket can cause premiums to increase by $461 per year.

Violation	Avg. annual premium before violation*	Avg. annual premium after violation	Avg. cost increase
At-fault accident	$1,408/year	$1,915/year	$566
DUI	$1,408/year	$2,388/year	$1,039
Speeding ticket	$1,408/year	$1,810/year	$461

*Assumes clean driving record with good credit

How does age affect car insurance rates in Wyoming?

Teens are most likely to get into serious accidents, so they usually have the highest premiums. In Wyoming, the average premium for drivers that are 18 years old is $3,698 per year, $2,349 more than the state average.

Rates tend to decrease as you age, so drivers at age 60 have the lowest average premiums at just $1,220 per year.

Age	Avg. annual premium
18	$3,698/year
25	$1,512/year
30	$1,336/year
40	$1,291/year
60	$1,220/year

Wyoming car insurance rates by city

Drivers in Gillette have the highest average premiums in Wyoming; they pay an average of $1,725 per year, about 28% higher than the state average.

Gillette doesn't have a particularly high crime rating, but it does have a very high population density compared to the rest of the state. And a higher percentage of its population are teens. Those factors combined make it more likely that there will be accidents, so drivers in Gillette pay significantly more for coverage.

City	Avg. annual full-coverage premium
Cheyenne	$1,560/year
Casper	$1,591/year
Gillette	$1,725/year
Laramie	$1,606/year
Rock Springs	$1,666/year
Sheridan	$1,564/year

WY's minimum car insurance requirements

Drivers in Wyoming must have car insurance, and your policy must meet the following coverage minimums:

• $25,000 in bodily injury protection for one person
• $50,000 in bodily injury protection for two or more people
• $20,000 in property damage insurance

How to save money on car insurance in Wyoming

To save money on your car insurance premiums in Wyoming, follow these tips:

• Ask about discounts: You may be missing out on discounts that can reduce your premiums, such as multi-policy, safe driver, anti-theft device, or paperless billing discounts. To find out what deals are available, contact your insurance agent.
• Increase your deductible: Many people choose the lowest deductible possible, so the insurer starts covering the cost of a claim sooner. But the lower your deductible, the higher your monthly premiums will be. If you have money stashed in savings and can afford a higher deductible, increasing the deductible amount can help reduce your premiums.
• Consider a usage-based insurance (UBI) policy: UBI, also known as pay-per-mile insurance, is a good choice for remote drivers, stay-at-home parents, or those with short commutes. These policies base your premiums on your mileage and driving habits, so those who drive fewer miles and drive safely can save money. In Wyoming, UBI policies are available from several companies, including Nationwide, Progressive, and State Farm.
• Get quotes from multiple insurers: Available coverages, rates, and discounts vary by company, so it's smart to shop around before choosing an insurer. You can start by requesting quotes from the best car insurance companies to find the lowest rates.

FAQs about car insurance costs in WY