American National Finance offers the cheapest auto insurance at $857 per year or $71 monthly, on average, which is below the average Wyoming car insurance rate of $1,659 a year.
Cheap isn’t everything, and an Insurance.com analysis of rates, complaints, and financial stability found State Farm to be the best insurance company in Wyoming.
Many factors go into your insurance premium. Insurance companies use your driving record, the type of car you drive, and the coverage you select to determine your car insurance rates.
Read on to compare Wyoming insurance rates by company, age, and more.
Key takeaways
- State Farm is the best car insurance company in Wyoming overall, with below-average rates and a low complaint ratio.
- American National Finance is the cheapest car insurance company open to all residents in Wyoming at $857 per year.
- American National Finance has the cheapest car insurance rates for teen, adult, and senior drivers in Wyoming.
Average cost of car insurance in Wyoming
The average car insurance rate in Wyoming is $1,659 a year for a full coverage policy with a coverage level of 100/300/100 for a driver age 40, according to a rate analysis by Insurance.com. For the state minimum coverage, the average annual cost in Wyoming is $288.
Best car insurance companies in Wyoming
State Farm is the best car insurance company in Wyoming, based on a 2023 analysis by Insurance.com, with an overall rating of 4.26. USAA came in second.
Below is a full list of the top Wyoming insurance companies based on price, NAIC complaint ratio, and AM Best financial ratings. The total Insurance.com score is calculated out of five using these factors.
| Insurance company | AM Best | Average annual rate | NAIC Complaint ratio | Insurance.com score |
|---|---|---|---|---|
| State Farm | A++ | $ 1,412 | 0.52 | 4.26 |
| USAA | A++ | $ 1,144 | 0.99 | 3.72 |
| Geico | A++ | $ 2,299 | 0.77 | 3.29 |
| Farmers | A | $ 1,623 | 0.77 | 3.23 |
| Allstate | A+ | $ 2,617 | 0.95 | 2.34 |
USAA offers car insurance only to military members, veterans and their families.
Cheapest car insurance companies in Wyoming
Don't just go with the first insurer you come across. Comparison shopping is the key when it comes to finding the best deal on auto insurance. Get quotes from several different insurers and compare their rates. You may be surprised at how much difference there can be in rates from one company to another.
We have gathered price quotes from all the major insurance providers in Wyoming and put together a list of the cheapest car insurance companies. Based on a rate analysis by Insurance.com, American National Finance is the cheapest auto insurance company in Wyoming, with average rates of $857 annually or $71 a month for full coverage. If you qualify, USAA has lower rates for liability-only coverage.
| Company | State minimum | 50/100/50 liability only | 100/300/100 liability with $500 comp/coll deductible |
|---|---|---|---|
| American National Finance | $ 187 | $ 229 | $ 857 |
| USAA | $ 170 | $ 196 | $ 1,144 |
| State Farm | $ 245 | $ 296 | $ 1,412 |
| Farmers | $ 359 | $ 419 | $ 1,623 |
| Geico | $ 182 | $ 211 | $ 2,299 |
| Allstate | $ 584 | $ 617 | $ 2,617 |
USAA offers car insurance only to military members, veterans and their families.
Auto insurance calculator
Average auto insurance rates in AlabamaMost & least expensive ZIP codes for auto insurance in
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Cheapest car insurance cost in Wyoming by age
In Wyoming, car insurance rates are higher for teenagers; they’re more likely to be involved in an accident.
American National Finance offers the cheapest car insurance for teen drivers in Wyoming at $2,699 per year for a full coverage policy.
Car insurance rates will decrease as teens age and keep a good driving record. Car insurance rates for adults 25+ and seniors 60+ are lower than those for teens and young adults.
In Wyoming, American National Finance offers the cheapest full coverage car insurance for adult and senior drivers at $803 per year and $861 per year, respectively.
| Age (group) | Company Group | Avg. Annual Premium |
|---|---|---|
| Teens (16-19) | American National Finance | $ 2,699 |
| Teens (16-19) | USAA | $ 3,319 |
| Teens (16-19) | Farmers | $ 3,939 |
| Teens (16-19) | State Farm | $ 4,024 |
| Teens (16-19) | Geico | $ 5,082 |
| Teens (16-19) | Allstate | $ 8,040 |
| Young Adults (20-24) | American National Finance | $ 1,316 |
| Young Adults (20-24) | USAA | $ 1,756 |
| Young Adults (20-24) | State Farm | $ 2,372 |
| Young Adults (20-24) | Farmers | $ 3,073 |
| Young Adults (20-24) | Geico | $ 3,269 |
| Young Adults (20-24) | Allstate | $ 3,617 |
| Adults (25-55) | American National Finance | $ 803 |
| Adults (25-55) | USAA | $ 1,165 |
| Adults (25-55) | State Farm | $ 1,393 |
| Adults (25-55) | Farmers | $ 1,616 |
| Adults (25-55) | Geico | $ 2,134 |
| Adults (25-55) | Allstate | $ 2,535 |
| Seniors (60-75) | American National Finance | $ 861 |
| Seniors (60-75) | USAA | $ 1,070 |
| Seniors (60-75) | State Farm | $ 1,261 |
| Seniors (60-75) | Farmers | $ 1,660 |
| Seniors (60-75) | Geico | $ 2,456 |
| Seniors (60-75) | Allstate | $ 2,460 |
USAA offers car insurance only to military members, veterans and their families.
Cheapest car insurance companies in Wyoming by driver profile
Drivers who have accidents or tickets are considered a higher risk and will pay higher insurance rates.
However, the severity and frequency of the incidents also play a role in insurance rates. For instance, drivers with a single minor accident will see smaller increases in their rates compared to those with multiple major accidents.
Below are average Wyoming rates by company for drivers with accidents and tickets on their driving record.
| Company | Clean record | Accident | Ticket |
|---|---|---|---|
| USAA* | $ 937 | $ 1,168 | $ 1,102 |
| Nationwide | $ 982 | $ 1,425 | $ 1,191 |
| Geico | $ 1,092 | $ 2,490 | $ 1,919 |
| State Farm | $ 1,183 | $ 1,362 | $ 1,236 |
| Erie | $ 1,243 | $ 1,464 | $ 1,357 |
| Progressive | $ 1,586 | $ 2,455 | $ 2,043 |
| Automobile Club of MI | $ 1,956 | $ 2,975 | $ 2,363 |
| Allstate | $ 2,328 | $ 3,282 | $ 2,591 |
*USAA offers car insurance only to military members, veterans and their families.
Methodology
Insurance.com commissioned Quadrant Information Services in 2022 to field rates from up to six major insurers in every state across most ZIP codes. Driver profile: male, age 40, driving 2021 Honda Accord LX with full coverage of 100/300/100 with comprehensive and collision; $500 deductible.
The car insurance rates for drivers with accidents and tickets are averaged based on rates for the following accidents and tickets:
Accidents:
- 1 at-fault property damage accident over $2k
- 1 at-fault property damage accident under $2k
- At-fault bodily injury accident
- Single vehicle accident
Tickets:
- Distracted driving ticket
- Speeding ticket 1- 10 MPH over limit
- Speeding ticket 11- 29 MPH over limit
- Talking on cellphone ticket
- Texting ticket
Insurance.com analyzed rates from more than 34,000 ZIP codes, 56 million quotes, and 136 companies. Rates sourced from Quadrant Data Services are for comparison purposes only; your rates may differ.
