We reviewed auto insurance quotes across several major companies in Wyoming to determine which companies had the best rates for insuring our drivers' cars. The analysis covered the 35 most populated cities in the Equality State for two typical drivers: a 30-year-old man and a 65-year-old man. Rates varied widely based on which insurers motorists get quotes from - as low as $813 at the cheapest auto insurance company, or as high as $1,258 at the costliest. To start looking for great rates in your area, fill in your zip code above for a list of the top companies active in your area.
- Cheapest Car Insurance Companies
- Cheapest Auto Insurance Rates: by City
- Best Auto Insurance Companies in Wyoming
- Average Cost of Car Insurance by City
We analyzed quotes from several major insurers for our two example motorists in the Equality State, and averaged them across all cities to see which companies had the cheapest car insurance rates in Wyoming. Results indicate that State Farm, GEICO, and Grange had the three best rates for insuring a car in Wyoming. The top three carriers charged an average of $868 for a year's worth of liability protection, which was a 12% discount to the state mean.
Find the Cheapest Auto Insurance Quotes in Your Area
On the other hand, the more expensive car insurance companies were California Casualty and Allstate. These national insurers quoted our two benchmark motorists an annual average of $1,169, which meant about $181 (18%) more out of pocket for our two guys. Also, keep in mind that California Casualty is a specialty insurer, and only extends coverage to members of select professions. Below is a table illustrating the six Wyoming auto insurers we used in the study, and their respective annual average insurance quote for our sample drivers:
|Rank||Auto Insurance Company||Average Annual Rate|
On a local level, we broke down the data to ten of the biggest cities to provide motorists with a better view of the companies with the best auto insurance rates in their area. These amounts were calculated using our drivers as benchmarks, so your actual rates will differ based on factors such as vehicles and driving history. Below is a table of all the insurance providers in Wyoming, from the most affordable to the most expensive insurance company in Wyoming. GEICO and State Farm dueled for the top two positions, with Grange Insurance finishing solidly with the third cheapest car insurance in these Wyoming cities:
|Wyoming Location||Cheapest Insurer #1||Cheapest Insurer #2||Cheapest Insurer #3|
|Rock Springs||State Farm||810||GEICO||828||Grange||906|
|Green River||State Farm||810||GEICO||828||Grange||906|
The five cities with the lowest auto insurance costs in Wyoming rank among the top ten most populated in the state. They’re scattered across the state, and have an average cost of $972 per year.
|Rank||City||County||Yearly Car Insurance Rate|
The average cost of auto insurance in Sheridan is the cheapest in Wyoming at $959 per year. It is located in Sheridan County in the north of Wyoming, near the Montana border. The 2010 US Census recorded around 18,000 people in Sheridan, which ranks it the sixth most populated city in the state. Real estate values in Sheridan have recently experienced high growth rates - higher than both the state and national average.
Green River, WY
Green River, the second cheapest city for car insurance, is situated in Sweetwater County, and is located in the southwest corner of Wyoming. It is named after the river that flows through its center. Green River has rich natural reserves of oil shale, which led to a small burst of production during the late 2000s; today, mining remains one of the city’s major industrial activities. Auto insurance here costs on average $970 per year.
Rock Springs, WY
At $972 per year, Rock Springs’s average cost of car insurance is the third cheapest in the state. It is a sister city to Green River, the second cheapest city in the state, and is also a part of Sweetwater County. With 24,000 people, Rock Springs ranks as the fifth most populated city in the Cowboy State. This city has a rich cultural and international heritage, as a majority of settlers immigrated from all over the world to work in the coal mines that fueled the great Union Pacific Railroad in the late 19th century. It comes as no surprise that one of Rock Springs’s unique annual festivals is International Day.
Cheyenne’s auto insurance costs are the fourth cheapest in Wyoming at $978 per annum. As the county seat of Laramie County, Cheyenne is located in the very southeast corner of Wyoming. It is the most populated city in the state with around 60,000 residents, and with 25 square miles of land, is the fourth most densely populated city in the Cowboy State. It has several landmarks designated as National Historic Landmarks, including Fort Yellowstone and the Wyoming State Capitol.
Riverton, a city of Fremont County in the heart of Wyoming, ranks as our fifth cheapest city for auto insurance with average rates of $979. With 11,000 residents, Riverton ranks as the ninth most populated city in the state. Most recently, the city was ruled by the Environmental Protection Agency to be part of and under the jurisdiction of the Wind River Indian Reservation.
Our five most expensive cities are generally cities with smaller population, and are located in the northern half of the state. On average, it costs about $1,003 to insure a vehicle with liability coverage in these five locations.
|Rank||City||County||Average Annual Rates|
Jackson has the most expensive auto insurance costs, with average annual premiums of $1,024. It is located in the westernmost part of Wyoming bordering Idaho State. Jackson is surrounded by a rich natural environment and a plethora of parks, such as the Grand Teton National Park, Yellowstone National Park, and the Palisades Reservoir. The 2010 US Census recorded 10,000 residents in the city, placing it as the tenth most populated city of Wyoming. With only 3 square miles of land, Jackson is the most densely populated city in the state, which is reflected in its expensive average auto insurance rates.
Buffalo has the second most expensive auto insurance costs of $1,000, a distinction that it shares with Worland. Home to 5,000 residents, it is located near the northern border of Wyoming, and southeast of our cheapest city, Sheridan. The city’s economy and industrial development have recently been boosted by high growth rates in methane production due to new coal bed extraction methods.
At $1,000 per year, Worland ties with Buffalo for the second most expensive auto insurance rates in Wyoming. Worland is located in Washakie County in the north of Wyoming, just southwest of Buffalo. The city was originally founded on the west bank of the Big Horn River, but was moved east with the construction of the railroad. In 2010, the US Census recorded the city’s population at close to 6,000 residents.
Fort Washakie, WY
Fort Washakie has the third most expensive auto insurance rates in the state, tying with Lander, at $998. It sits in the center of Wyoming, and like Lander, is also part of Fremont County. The 2010 US Census recorded close to 2,000 people over 21 square miles of land, ranking Fort Washakie one of the least densely populated cities in Wyoming. The most prevalent industries in Fort Washakie are educational services, health care, and social assistance.
Lander ties with Fort Washakie for the third most expensive annual rates in the state of $998. It is the county seat of Fremont County, and sits just a few miles southwest of Riverton, our fifth cheapest city. With almost 8,000 residents over 5 square miles of land, Lander ranks as the tenth most densely populated city in Wyoming. Lander has an active art scene as the Lander Art Center downtown regularly hosts art exhibits and art fairs.
To determine which were the best car insurance companies in Wyoming, we gathered data from the state's Department of Insurance to compile a consumer complaint index. The complaint ratio compares a company's share of complaints to its share of premiums (that is - its auto insurance business) underwritten in Wyoming. Here are the rankings: the better a company is, the lower its index, while the higher its index number is, the worse it is from a complaint perspective. An average company has an index number of 1.
|Wyoming Auto Insurance Company||# of Closed Complaints||Direct Premium Written ($MM)||Complaint Index|
|State Farm Insurance||18||133.91||0.655|
|Mountain West Farm Bureau Mutual||13||86.80||0.729|
|Farmers / Fire Insurance Exchange||9||29.59||1.481|
|Safeco Insurance Company of America||6||16.75||1.745|
|Dairyland Insurance / Viking Insurance||6||7.52||3.887|
Our inference is that a smaller share of complaints versus a larger share of business means the company's doing comparatively better than an average company - a better measure than just focusing on the number of complaints. We've also aggregated smaller underwriting affiliates under the major marketing group that each company quotes business under. Based on this available set of data, Progressive, State Farm, and Mountain West Farm Bureau ranked as the best companies to insure Wyoming drivers' vehicles with.
Here is the full list of cities in Wyoming included in our premium comparison. We've ranked them from the cheapest auto insurance costs to the most expensive for our benchmark of two male drivers.
We obtained rate estimates from the thirty five most populated cities in Wyoming. In order to get the most applicable average rates, our sample insured is a single male who drives a 2010 Toyota Camry, which he owns outright, to commute to work about 12,000 miles a year. His credit score is in good condition, and he hasn't had any accident or traffic violations in the most recent five years. Finally, we incorporated rates for a 30-year-old and a 65-year-old man into our average figures to be representative of both younger and mature drivers.
|Insurance Coverage||Wyoming Minimum Coverage||Study Coverage|
|Bodily Injury (BI) (per person / per accident)||$25,000 / $50,000||$50,000 / $100,000|
|Property Damage (PD)||20,000||25,000|
|Uninsured Motorist BI (per person / per accident)||50,000 / 100,000|
|Uninsured Motorist PD||25,000|
Below are the thirty five cities in Wyoming that we included in the study. We've organized them in alphabetical order along with their average annual costs:
|City||Average Annual Rates|
Wyoming Minimum Auto Insurance Requirements: http://doi.wyo.gov/consumers/types-of-insurance/auto
Photo: Flickr / Hammerin Man