How much is renters insurance in Wyoming?

The average cost of renters insurance in Wyoming is $126 a year, and the average monthly cost is $10. That's for a policy with personal property coverage of $40,000, liability coverage of $100,000, and a deductible of $1,000.

What you pay for renters insurance may differ from your neighbours because it depends on factors specific to each person: the property you want to insure, extra coverage options you add, and the deductible amount you choose.

"The number one thing that's most important is to get good liability. A renter's policy will default to $100,000 liability," Josiah Hatch, an insurance pro with Bender Hatch Insurance in Boston, said. "It costs next to nothing to go from $100,000 to $500,000. I want to say it's probably 10 bucks a year. It's really cheap to get a lot of extra coverage. I always recommend getting the most liability you can because that's, at its core, what insurance is all about: the worst-case scenario."

Average annual premium	$126
Average monthly premium	$10

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Best renters insurance companies in Wyoming

Nationwide and State Farm are our best renters insurance companies in Wyoming.

Rates differ widely between renters insurance providers, so it pays to shop around. But rates aren’t the entire picture. It’s also important to choose an insurance company with a good reputation so you know it will be there for you when you need it.

To help you choose the best renters insurance in Wyoming, we reviewed rates and third-party ratings including complaint volume with the National Association of Insurance Commissioners (NAIC) and financial ratings from AM Best.

Among the carriers surveyed, Nationwide is the best renters insurance company in Wyoming, with a top score and an average renters insurance rate of $129.

Below is our list of best renters insurance companies in Wyoming based on that analysis, with our score out of five.

Company	Average annual premium	AM Best	NAIC	Insurance.com rating
Nationwide	$129	A+	0.87	5
State Farm	$131	A++	0.95	3.22

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Cheapest renters insurance in Wyoming

Nationwide is the cheapest renters insurance company in Wyoming based on our rate analysis with an average annual premium of $129.

Renters insurance prices can vary drastically between companies. That's why it is important to compare rates and see which company offers the best deal to get coverage at an affordable price.

Below are the cheapest renters insurance companies in Wyoming and their average annual premiums.

Company name	Average annual premium
Nationwide	$129
State Farm	$131
USAA	$118

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Wyoming renters insurance: The least and most expensive ZIP codes

Where you live in Wyoming affects how much you pay for renters insurance. The most expensive ZIP code in Wyoming for renters insurance is 82082, where the average annual rate is $132 which is $6 more than the state average insurance premium.

On the other end of the spectrum, the least expensive ZIP code for renters insurance is 82224, with an average annual rate of $123.

The following table lists the least and most expensive ZIP codes in Wyoming for renters insurance.

Best home insurance companies in Texas

Most expensive ZIP code
Least expensive ZIP code

ZIP code	Average annual rate
82082	$132
82215	$130
83414	$129
82732	$128
82840	$128
82845	$126
83128	$124
82637	$123

ZIP code	Average annual rate
82224	$123
82222	$124
82410	$125
82212	$127
82716	$128
83001	$129
82201	$130
82001	$132

Compare renters insurance rates by city in Wyoming

Renters insurance rates vary significantly across cities, influenced by various factors, including weather patterns, crime rates, and property values. You must consider these factors and compare quotes from different insurers to get the best deal on renters insurance for your specific city in Wyoming.

City	Annual insurance premium
Casper	$128
Cheyenne	$132
Evanston	$124
Gillette	$128
Green River	$124
Laramie	$124
Sheridan	$126

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How to get cheap renters insurance in Wyoming

There are a few things you can do to get cheaper renters insurance in Wyoming:

Shop around. Not every Wyoming renters insurance company offers the same rates or discounts. Shop around for the best price.
Ask about discounts. There are a lot of discounts available on renters insurance; one of the biggest is bundling your home and auto insurance, so ask for an auto quote at the same time.
Chose a higher deductible. Your deductible affects your premiums; higher deductibles mean lower rates. Just ensure you can afford the deductible if you have to pay it.

Methodology

Insurance.com compared renters insurance rates provided by Quadrant Information Services for $40,000 personal property coverage with a $1,000 deductible and $100,000 liability coverage for all available ZIP codes based on a renter with good credit. To rank the best insurance companies, we gathered AM Best financial stability ratings, where an A++ is the best possible score, and National Association of Insurance Commissioners (NAIC) complaint ratios, which compare the number of complaints a company receives to the anticipated complaint volume based on market share. These factors were used along with rates to find the best companies overall.

Wyoming renters insurance: FAQ

Do I need renters insurance in Wyoming?

Renters insurance isn’t required by law, but your landlord may require you to purchase a policy as part of your lease agreement.

How much renters insurance do I need in Wyoming?

You don’t need any renters insurance by law, but when buying a policy you should ensure you have enough personal property coverage to cover all of your personal property at replacement cost.