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Best Cheap Car Insurance in Wyoming for 2020

Jan. 2, 2020
Auto Insurance, Insurance
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Finding the cheapest auto insurance in Wyoming means shopping around. Rates vary from one company to the next and depend on factors such as your age and accident history.

To help you get started, NerdWallet looked at prices from the six largest insurers in Wyoming to find the cheapest rates for several types of drivers.

Cheapest for good drivers in Wyoming

These are the cheapest insurance companies we found for someone in Wyoming with a clean driving record and good credit, ranked by average rates for full coverage:

  1. Safeco: $791 per year.
  2. State Farm: $1,032 per year.
  3. Farmers: $1,124 per year.
  4. Geico: $1,207 per year.
  5. MetLife: $1,311 per year.
Drivers with no recent accidents or violations can get cheaper car insurance rates for having good credit. For this calculation, NerdWallet averaged rates for 40-year-old men and women with a clean driving record and good credit. In terms of driving and credit history, a large portion of drivers are closest to this profile, which carries standard "full coverage" insurance, including comprehensive and collision, along with state-required coverage. Prices shown include a good driver discount, when available from the insurer.

Cheapest for minimum coverage in Wyoming

For a driver who wants only Wyoming’s minimum required insurance, the cheapest companies and average rates are:

  1. Geico: $175 per year.
  2. Safeco: $211 per year.
  3. State Farm: $258 per year.
  4. MetLife: $354 per year.
  5. Farmers: $382 per year.
We calculated these numbers by averaging rates for 40-year-old good drivers (earning them a discount if the insurer offers one) who have only the minimum mandatory insurance in their state. Such light coverage isn't typically recommended since it might not cover all the bills resulting from a car accident, but it's better than nothing — especially if you can't afford much more. If you're looking for the cheapest possible insurance you can get, though, you'll still want to get car insurance quotes from at least three auto insurers.

Cheapest for good drivers with poor credit

For a Wyoming driver with blemished credit and a clean driving history, here are the cheapest insurance options we found, alongside their average rates for full coverage auto policies:

  1. Safeco: $1,009 per year.
  2. Farmers: $1,349 per year.
  3. Geico: $1,660 per year.
  4. State Farm: $1,704 per year.
  5. Allstate: $2,434 per year.
If you have a spotty credit history, it's important to shop around to find the cheapest auto insurance rates you can. Poor credit can have a bigger effect on car insurance premiums than even a DUI conviction or a recent at-fault crash, but prices vary by insurer. To calculate these figures, NerdWallet averaged rates for 40-year-olds with a clean driving record and associated good driver discount, if the insurer offered one. They had poor credit as reported to their insurer, and standard "full coverage" car insurance.

Cheapest for drivers with one at-fault crash

A Wyoming driver whose record includes a recent at-fault accident may want to consider these insurers, which returned the cheapest average rates for full coverage:

  1. State Farm: $1,196 per year.
  2. Farmers: $1,328 per year.
  3. Safeco: $1,490 per year.
  4. Geico: $1,832 per year.
  5. MetLife: $1,996 per year.
After a relatively minor crash, some auto insurers will charge a lot more than others for coverage. To get these figures, we averaged rates for 40-year-olds with typical "full coverage" insurance and one recent at-fault crash costing $10,000 in property damage. Your rates will remain high for three to five years after you cause an accident or have a moving violation — and you still may be rejected for coverage from certain companies, including those above. If you fall into this category, be sure to shop for new insurance rates just after the three-year and five-year anniversaries of your infraction.

Cheapest insurance after a DUI in Wyoming

For a Wyoming driver whose record includes a recent DUI, these are the cheapest insurance companies we found, listed with their average rates for full coverage:

  1. State Farm: $1,114 per year.
  2. Safeco: $1,490 per year.
  3. Allstate: $2,016 per year.
  4. Farmers: $2,280 per year.
  5. MetLife: $3,019 per year.
A conviction for driving under the influence, or DUI, generally results in higher auto insurance premiums than before. NerdWallet analyzed rates for 40-year-old drivers and standard “full coverage” car insurance with a recent DUI conviction to see which companies were cheapest. Be warned that you may be rejected for coverage, including from the companies listed above. Rates can vary by hundreds between carriers after a DUI, and some penalize for longer than others, so it’s important to shop around for the best available price right after you see a price hike and each year after that.

Cheapest insurance after a ticket in Wyoming

After a speeding ticket, the cheapest insurers and average rates in Wyoming for full coverage auto policies are:

  1. State Farm: $1,114 per year.
  2. Farmers: $1,192 per year.
  3. Safeco: $1,293 per year.
  4. MetLife: $1,685 per year.
  5. Allstate: $1,858 per year.
Getting a speeding ticket will result in higher car insurance rates from most companies for three to five years. To see who has the cheapest rates, we calculated average car insurance rates for 40-year-old drivers with “full coverage” insurance and a recent ticket for speeding 16 mph over the limit. Though these larger companies were the cheapest we found on average, others may be cheaper for you, so be sure to get at least three quotes before deciding on a carrier.

Cheapest for couples and families in Wyoming

Whether you have a teen with a new driver’s license or a spouse with a separate car for the daily commute, your insurance outlook is different from a single person’s. You can often get a discount insuring more than one vehicle, but each company has its own formulas for rates and price breaks. As a result, the cheapest insurers for singles may not have the best prices for you. To get the lowest rates, it’s smart to shop for insurance quotes after any big life event, like getting married, moving, or adding a new driver. Here’s what we found when we checked rates for a married couple in Wyoming, with and without a teen driver.

Cheapest for a married couple in Wyoming

For a Wyoming husband and wife, each 50 years old, these are the cheapest companies and average rates to insure two vehicles with full coverage, assuming clean credit and driving histories:

  1. Safeco: $1,010 per year.
  2. State Farm: $1,497 per year.
  3. Geico: $1,645 per year.
  4. MetLife: $1,860 per year.
  5. Farmers: $2,067 per year.
Couples who live together can save on auto insurance by combining policies, whether they are married or not, because they can earn multi-car and multi-driver discounts. Once they tie the knot, rates can dip further, but not because of discounts — insurers see married people as less risky and so charge them lower rates. Our hypothetical 50-year-old couple’s clean driving record also earns them both a good driver discount.

Cheapest for families with a teen in Wyoming

For a 50-year-old Wyoming couple plus an 18-year-old driver, the cheapest insurers and average rates for full coverage on two vehicles are:

  1. Safeco: $1,987 per year.
  2. Geico: $2,651 per year.
  3. Farmers: $3,329 per year.
  4. State Farm: $3,339 per year.
  5. Allstate: $3,572 per year.
Adding a teen with two years’ driving experience to a married couple's policy is sure to cause a big jump in rates. Since different insurers tend to see a teen’s inexperience in different ways, we analyzed rates to see which companies had the cheapest car insurance for teens. These rates are averaged for 50-year-old couples with male and female 18-year-old drivers.

Cheapest for young drivers in Wyoming

Insurance companies don’t always offer their cheapest rates to young, inexperienced drivers, but it pays to shop around. Companies treat age and driving background differently when they set rates, so young drivers’ prices can vary by hundreds of dollars a year. To see who’s cheapest for young drivers in Wyoming, NerdWallet analyzed rates for 25-year-olds in a variety of situations.

Cheapest full coverage for young good drivers

If a Wyoming 25-year-old with clean driving and credit records wants full coverage, the cheapest insurers and average rates are:

  1. Safeco: $909 per year.
  2. State Farm: $1,178 per year.
  3. Farmers: $1,201 per year.
  4. Geico: $1,410 per year.
  5. MetLife: $1,583 per year.
Drivers in their 20s can have a hard time finding cheap car insurance, and that's even truer when they need full coverage. The rates above are averages for 25-year-old male and female drivers with comprehensive and collision coverages, which are often required for drivers with active auto loans or leases. These rates reflect a good driver discount. Young drivers, like all drivers, should check several quotes to find the cheapest for the coverage levels they need.

Cheapest minimum coverage for young good drivers

When a young driver opts for Wyoming’s minimum required insurance, the cheapest companies and average rates are:

  1. Geico: $200 per year.
  2. Safeco: $242 per year.
  3. State Farm: $294 per year.
  4. Farmers: $406 per year.
  5. MetLife: $452 per year.
Since young people often have fewer assets to protect with liability insurance, they can usually get away with lower coverage limits. For an age group with relatively high insurance rates on average, that's good news, keeping rates as low as possible. For this price set, we averaged rates for 25-year-old male and female drivers who have clean driving records, good credit and bare-bones insurance coverage.

Poor credit and minimum coverage

For a 25-year-old in Wyoming with a good driving record and spotty credit, the insurers with the cheapest average rates for minimum coverage are:

  1. Geico: $276 per year.
  2. Safeco: $322 per year.
  3. Farmers: $483 per year.
  4. State Farm: $486 per year.
  5. Allstate: $774 per year.
Poor credit is common for younger folks just starting out, who may still be building their credit files. That can increase rates further, so it's extra important to shop around and compare as many insurance quotes as possible to find the cheapest you can get. For these prices, we averaged rates for 25-year-old male and female drivers with no recent accidents or violations (earning them a good driver discount), minimum coverage car insurance, and credit in the "poor" tier as reported to an insurer.

Cheapest for minimum coverage after a crash

When a young Wyoming driver has caused a wreck, here are the cheapest companies we found and their average rates for minimum coverage auto insurance:

  1. Geico: $289 per year.
  2. State Farm: $358 per year.
  3. Farmers: $470 per year.
  4. Safeco: $482 per year.
  5. MetLife: $741 per year.
To get prices for this group, we averaged rates for 25-year-old male and female drivers with good credit and a recent at-fault crash costing $10,000 in property damage. Since car insurance is often pricier after a crash, and especially so for young drivers, we assumed minimum required insurance in the state to contain costs for our hypothetical driver. Depending on your situation, you may still be rejected for coverage, including from the companies listed above. If you've caused a crash, no matter your age, be sure to check auto insurance quotes just after the third and fifth anniversaries of your incident, when insurers often adjust rates downward.

Cheapest for minimum coverage after a DUI

Young drivers in Wyoming with a recent DUI on their record may want to get quotes from these companies, which showed the cheapest average rates for minimum required insurance:

  1. State Farm: $326 per year.
  2. Geico: $474 per year.
  3. Safeco: $482 per year.
  4. Allstate: $712 per year.
  5. Farmers: $770 per year.
Young drivers with a recent DUI on their records will need to be diligent to find the lowest car insurance rates they can get — it's likely that many companies' rates will be quite expensive. Depending on the circumstances, you may be rejected for coverage, including from the companies listed above. But spending the time to shop around for quotes can help you find the lowest price from a company available to you. For this analysis, we averaged rates for male and female 25-year-old drivers with a recent DUI conviction. They had good credit and minimum required car insurance, which helps keep rates down.

Cheapest for minimum coverage and a ticket

For 25-year-olds in Wyoming with a recent on-record speeding ticket, the cheapest insurers and average rates for minimum coverage policies are:

  1. State Farm: $326 per year.
  2. Geico: $373 per year.
  3. Safeco: $399 per year.
  4. Farmers: $427 per year.
  5. MetLife: $582 per year.
Getting a speeding ticket is never fun, and neither is the higher car insurance bill you may receive months later. At that point, it's time to shop around for better rates, and it wouldn't hurt to repeat on your third and fifth ticket anniversaries, when insurers may adjust rates downward. We analyzed rates for 25-year-old male and female drivers with a recent speeding violation for going 16 mph over the speed limit to see prices for this group.

Recap: Cheapest car insurance in Wyoming

  • Good drivers: Safeco
  • Minimum coverage: Geico
  • Poor credit: Safeco
  • After an at-fault crash: State Farm
  • After a DUI: State Farm
  • After a speeding ticket: State Farm
  • Married couples: Safeco
  • Families with a teen: Safeco
  • Young good drivers: Safeco
  • Minimum coverage for young good drivers: Geico
  • Minimum coverage for young drivers with poor credit: Geico
  • Minimum coverage for young drivers after a crash: Geico
  • Minimum coverage for young drivers after a DUI: State Farm
  • Minimum coverage for young drivers after a ticket: State Farm

» MORE: Compare car insurance

Minimum required auto insurance in Wyoming

Wyoming car insurance policies must include liability insurance. This pays for others’ injuries or property damage if you cause an accident.

The minimum limits in Wyoming are:

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

Buying only the legal minimum auto insurance may not be enough if you’re in an accident. You may want higher levels of liability insurance, and you should consider common options such as collision and comprehensive coverage.

Check out NerdWallet’s guide to state car insurance requirements for explanations of the required and optional parts of a Wyoming auto policy.

Alternative car insurance in Wyoming

High-risk drivers who aren’t able to buy car insurance on the regular market could qualify for coverage through the Wyoming Automobile Insurance Plan.

If you’re in the market for auto insurance in Wyoming, try NerdWallet’s car insurance comparison tool to see rates from top companies side by side.

Methodology

For our “good driver” profile, NerdWallet averaged rates from the largest insurers in the state for 40-year-old men and women in all ZIP codes with 12,000 annual miles driven. The policy includes:

  • $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 coverage per person.
  • $300,000 uninsured motorist coverage per accident.
  • Collision coverage with a $1,000 deductible.
  • Comprehensive coverage with a $1,000 deductible.
If required, minimum additional coverages were added and "good driver" discounts were automatically applied. Our “young driver” had all the same characteristics, but average rates were for 25-year-old men and women. We used a 2016 Toyota Camry LE for all single drivers. We used the same assumptions for all other driver profiles, with the following exceptions:

  • For drivers with minimum coverage, we adjusted the numbers above to reflect minimum required coverage by law in the state.
  • We changed the credit tier from “good” to “poor” as reported to the insurer to see rates for drivers with poor credit.
  • For drivers with one at-fault crash, we added a single at-fault crash costing $10,000 in property damage.
  • For drivers with a ticket, we added a single speeding violation for driving 16 mph over the speed limit.
  • For drivers with a DUI, we added a single drunken driving violation.
Couples in our analyses were 50-year-old men and women with good credit and clean driving histories, averaged across all ZIP codes with the same policy outlined above. To see rates for families with a teen, we added an 18-year-old licensed two years ago, averaging rates for male and female teens. For couples and families we added a 2016 Nissan Rogue S to create a two-car household.

In all cases, a paperless discount, e-signature discount and electronic funds transfer discount were automatically applied. These are rates provided by Quadrant Information Services. Your own rates will be different.