Wyoming is a large but rural state. It has the second-lowest number of registered drivers of any state, next only to Washington, D.C. Despite its low population, Wyoming has surprisingly high car insurance costs compared to other states of similar size and population. The average auto policy in Wyoming costs approximately $1,714 per year, ranking it as the 14th highest in the nation; nearby Montana ranks fourth in the nation.

A major reason for the high cost of insurance in Wyoming and other rural states is that rural communities often have a higher incidence of uninsured drivers than areas with higher population density. Whenever a driver without insurance causes an accident, the insurance company of the damaged vehicle cannot always recover the cost of repairs; this leads to insurance costs rising across the board. DUI convictions also play a large role in auto insurance. The higher the average rate of drunk driving in a given state, the higher insurance premiums will be to compensate for this risk.

Another reason that Wyoming car insurance may be more expensive than in other states is because the geographic size of the state requires drivers to spend more time on the road. Many people in rural communities must drive a substantial distance each day, increasing their likelihood of being involved in a collision.

Wyoming also has relatively harsh weather. Ice and snow lead to dangerous road conditions, which could result in auto accidents. Additionally, wind and hail can cause substantial vehicle damage; Wyoming is prone to this type of weather, causing rates to increase in some cases.

Car Insurance Requirements in Wyoming

Car insurance requirements are somewhat higher in Wyoming than other states, a factor which contributes to the overall cost of coverage in the state. To register a vehicle in Wyoming, you must carry minimum liability insurance of $25,000/$50,000 and at least $20,000 in property damage liability.

Wyoming operates under the typical tort system in regards to liability in a car accident. This means that if you are injured as a result of an accident, you are entitled to sue the at-fault party for the cost of medical expenses. Because of this, you may wish to carry high limits on your bodily injury liability coverage in order to protect your assets from lawsuits. You could also be charged out-of-pocket for damages that you cause, which is why you may wish to carry higher limits on your property damage coverage than the state requires.

In addition to liability coverage, you may also wish to purchase collision and comprehensive coverage. These allow you to pay for damage to your own vehicle regardless of who is at fault for an accident. You will need to pay a deductible toward the cost of your repairs, but the insurance will pay for your damage up to the value of your vehicle once the deductible has been paid.

You might also wish to purchase uninsured motorist coverage. It’s not required in the state, but it will protect you from drivers who do not maintain proper liability coverage on their vehicles. You can purchase uninsured motorist coverage for injuries as well as damage to your vehicle regardless of whether you carry any other first-party coverage.

How to find Cheaper Car Insurance in Wyoming

The easiest way to keep low insurance premiums, regardless of your location, is by maintaining a safe driving record. A good driving history with no accidents, traffic violations or DUI convictions will result in auto insurance discounts. You can ask your car insurance company if there are any safe-driver rewards you can take advantage of.

You can also save money on insurance by keeping your vehicle parked in a protected area, such as a garage or carport. Protecting a vehicle from inclement weather will reduce the chance of weather-related claims and result in lower premiums. It will also make your vehicle less prone to theft and vandalism.

The type of vehicle you drive will also have an effect on your insurance premiums. Vehicles with high safety ratings will be less costly to insure, as will those that are inexpensive to repair. Because rural communities may also have need to insure recreational vehicles or farm equipment, you can check with your insurance company to see if you can purchase a policy for these vehicles as well; carrying multiple policies with a single insurer will often result in discounted premiums on all policies.

Whether you’ve just moved to Wyoming or are just looking for a new insurance company, you can begin your search by obtaining a free quote online. Once you’ve received an insurance quote, you can speak with a customer service representative or visit a local agency to discuss any questions you may have about your coverage and obtain a policy that suits your needs.