Wyoming is home to top car insurance providers that could help protect your finances in the event of an accident. Geico was rated by Bankrate as the best Wyoming auto insurance. This is due to its attentive customer service, broad coverage options, and low prices. Full coverage car insurance in Wyoming could be less expensive than the national average by as much as a hundred dollars. According to Bankrate’s 2021 study on annual premiums, Wyoming insurance costs $1,495 annually for full coverage.
It can be treacherous for drivers to travel through the Great Plains and Rocky Mountains, especially during severe weather. The risky conditions make Wyoming considerably dangerous for the state’s 424,115 licensed drivers. Bankrate’s editorial staff has compiled a list of the top four options for Wyoming car insurance to suit your unique situation.
Wyoming’s best car insurance companies
Bankrate’s top list of Wyoming’s best insurance companies included Geico, Farmers, and Allstate. Bankrate used a multi-step approach to determine the best Wyoming auto insurance. Based on market share, customer experience and average 2021 rates from Quadrant Information Services, as well as mobile resources, we create an individual Bankrate Score for each provider. We also consult third party rating indexes such as J.D. We also consult third-party rating indexes such as J.D. Power, Moody’s, and AM Best to estimate customer satisfaction and financial strength.
Geico was awarded the highest Bankrate Score due to its high-rated customer service and competitive pricing. Geico offers a 24 hour customer service line where you can talk with experts about your policy and get help tracking and filing claims. Wyoming drivers can save even more on their premiums with Geico’s discount options. Geico offers discounts to good students, customers who have multiple policies, safe drivers and teachers, as well as members of over 500 alumni and professional groups.
State Farm was ranked first in 2021 J.D. Power Auto Insurance Study in the Northwest Region and second in Bankrate’s score analysis of the providers. To provide outstanding customer service, the company uses its market share. The company’s vast network of agents in local areas is available 24 hours a days to help you with any questions regarding your policy or claims. State Farm offers Wyoming’s cheapest car insurance, on average, among all the companies that we reviewed. State Farm also offers additional savings for those who are looking for extra savings. They offer competitive rates such as discounts for students, teachers, and safe drivers.
Farmers offers many coverage options for Wyoming car insurance policies, including accident forgiveness, Guaranteed Value replacement coverage, and loss of use coverage. Farmers offers amazing discounts on bundling policies for homeowners and life insurance customers. AM Best rates Farmers as A- (Excellent), but customers should be aware of the low customer satisfaction scores. Our analysis revealed that Farmers’ annual full-coverage premium was the second-lowest. There are discounts available through the company, including deals for loyal customers, distant students and policyholders who own multiple vehicles.
Allstate is well-known for its wide range of coverage options including roadside assistance, personal injury protection (PIP) and rental car insurance. Wyomingites who live in rural areas may find these coverage options provide some relief. Allstate employs more than 12,000 agents across the United States, which allows them to offer attentive customer service. You can compare and purchase plans online with just a few clicks.
Wyoming average car insurance costs
Car insurance in Wyoming is almost $200 cheaper than the average cost of car insurance in the U.S. The national average cost for car insurance is $1.674 per year, but the average Wyoming resident pays only $1,495 annually. Car insurance in Wyoming stays relatively cheap thanks in part to low population density and a crime rate lower than any other state west of the Mississippi River.
Wyoming’s minimum insurance requirements
Wyoming mandates that drivers in the state must carry a minimum of 25/50/20 insurance. Wyoming’s car insurance policies must contain at least:
- $25,000 bodily injury liability per individual
- $50,000 bodily injury liability per accident
- $20,000 per accident in property damage liability
Uninsured motorist coverage must be provided, but it can also be declined in writing. Although minimum coverage insurance can be cheaper than full coverage it can leave you financially vulnerable. You are expected to pay any additional costs if you are in an accident involving a car. Many insurance professionals recommend that you purchase as much insurance as possible.
You will likely need to buy more coverage if you lease or finance your vehicle. Leaseholders and lienholders should know how to repair damages or replace a vehicle in the event of an accident.
How to get the best car coverage
These are some tips to help you choose the best Wyoming car insurance.
- Assess your needs. In the event of an accident, certain repairs or medical bills could run into thousands of dollars. An insurance claim can give you the protection that you need by insuring yourself with an experienced insurance company. Research the company details carefully. Other factors than price should be considered, such as the time it takes for a company to process a claim.
- Consider state factors: 47% percent of Wyomingites live on the “frontier,” which government agencies define as a region with fewer than six people per square mile. Routine car troubles can be more difficult due to the state’s mountainous and remote roads. You might want to think about adding roadside assistance or other coverage. Consider adding rental car reimbursement to your policy. Wyoming is a small state with a limited public transportation system. Renting a car is the best option if you have a vehicle that needs to be repaired.
Wyoming offers car insurance discounts
Wyoming’s car insurance is hundreds of dollars less than the national average. Even so, the top car insurance providers in Wyoming offer discounts that can lower the price of your auto insurance premium even more.
- Auto insurance for safe cars: There are many auto insurance companies that offer lower prices for vehicles with top-of the-line safety features like anti-theft and anti-lock brakes, electronic stabilization control, adaptive headlights, and electronic stability control. You might consider a discount if you have recently bought a safe vehicle.
- Students with good grades are eligible for a discount that offers lower rates. Providers often reduce the premiums of policies for students who have received grades of B or better in school.
- Green car: Insurance providers might offer discounts to drivers of eco-friendly vehicles, as these drivers are perceived as more responsible and less risky.
- Professional: There are many carriers that offer discounts for certain professionals such as teachers and military personnel. Geico offers discounts for over 500 alumni and professional groups.
The discount that is best for you depends on the ones you have. Customers save the most money by insuring multiple vehicles and benefitting from discounts for professionals or organizations.
Questions frequently asked
Which Wyoming state has the lowest car insurance?
The cheapest car insurance in Wyoming for you depends on your past history and current needs. Car insurance companies will need to verify that you are trustworthy and able to drive safely. These car insurance companies will help you find the best Wyoming car insurance.
What information are you required to obtain Wyoming car insurance?
Insurance companies will require that you provide details about your vehicle, such as the make, year, and model. Personal information such as your Social Security number, address and name will also be required.
What is an SR-22 and why do I need it?
An SR-22 requires drivers with serious offenses, like those with a Driving Under the Influence (DUI) charge. An SR-22 (Safety Responsibility Form) is used to prove that high-risk drivers comply with Wyoming’s minimum insurance requirements. The total required period is 36 consecutive months.
What does it mean that my age is important for my auto insurance?
It all comes down to risk. Younger drivers are less experienced in driving and are more likely get into an accident. Additional discounts may be available for seniors and students who are away at college. Ask your car insurance agent about any additional savings that may be available based on your age.