Wyoming Car Insurance

The state of Wyoming is home to many things. It’s one of the first states to give women the right to vote having some of the best national parks available and anything else you name it. But hey, there’s a lot of wealth in knowledge in this state. And understanding car insurance can be one of them. We’re here to help you find out the ins and outs of car insurance in the state of Wyoming and how you can benefit.

Required Coverages

To drive in Wyoming you are legally required to have car insurance, the state demands that you have liability insurance across all vehicles you own.

 Here are your limits of liability insurance coverage.

  • $25,000 in bodily injury coverage per person
  • $50,000 in bodily injury coverage peroxide
  • $20,000 in property damages

You do have the option to add. Uninsured motorist coverage and underinsured motorist coverage is to your policy. If you do not opt-out of this by signing a paper, it would automatically be added to your policy.

Optional Coverages

 Hear some optional coverage is available to you. In most cases, people add on optional coverages to their current policy to ramp up their protection in case of an accident.

  • Comprehensive insurance
  • Collision insurance
  • Gap insurance
  • Roadside assistance
  • And more

Factors Affecting Your Insurance Policy

Your insurance premium is calculated based on a few factors. The state of Wyoming uses the following to help determine the rate you’d be paying each month.

  • Age
  • Gender
  • Location of the vehicle
  • Location of where you stay
  • Driving history
  • Lapses in insurance 
  • Discounts you are eligible for
  • Types of insurance coverages
  • And more

Is Wyoming a no-fault state?

Wyoming is considered to be a failed state, meaning that when two parties get into an accident the person who is not at fault can file against the fault driver’s insurance company to get compensated.

Average Cost of Insurance in Wyoming

Having not a lot of drivers on the road you can imagine that car insurance would be much more affordable. And you’re right, Wyoming is one of the states where they have more affordable car insurance the national average. A driver in Wyoming should be looking to pay about 6% less than what everyone else in the United States is paying which quantifies to about $1,300 each year. Keep in mind are factors that go into your insurance so the best place to get cheaper insurance is to shop around.