bestauto insuranceCheyenne2022Compare the Cheapest Car Insurance Quotes in Cheyenne, WY
Cheyenne drivers pay an average of $851 per year for car insurance, which is the same as the statewide average. The cheapest widely available insurance company is State Farm, with an average cost of $726 per year. MoneyGeek also studied the cheapest insurers based on driving history and the coverage amount, so drivers focused on cost and quality find an insurer that fits their profile.
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Last Updated: 5/16/2022
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Mark Fitzpatrick
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On average, in Cheyenne, State Farm is the cheapest company and the lowest-priced with a speeding ticket. GEICO, though, is the most affordable option for a state minimum policy. For military families, USAA could be best. MoneyGeek ranked Hartford as the best company balancing cost and service quality. The best for you depends on your coverage and profile.
bestauto insuranceCheyenne2022The Cheapest and Best Car Insurance in Cheyenne
The Cheapest Car Insurance Companies in Cheyenne
On average, for a full coverage policy in Cheyenne, MoneyGeek found the following companies are the cheapest:
- State Farm: $726 per year
- GEICO: $822 per year
For drivers with a military background, USAA offers a cheap full coverage policy at roughly $506 per year.
State Farm offers the most affordable, open-to-all full coverage policy in Cheyenne. It’s approximately 29% cheaper than MetLife, the most expensive company in the city, at around $941 a year.
In a full coverage policy, you have comprehensive and collision coverage. The amount of liability coverage you select determines its price.
Cheapest Car Insurance in Cheyenne
Full Coverage 100/300/100
- Company100/300/100per year
- 1.$506
- 2.$726
- 3.$822
- 4.$827
- 5.$939
MoneyGeek collected average rates for a 40-year-old male driver in Cheyenne with a full coverage policy, as defined in our methodology.
Full coverage is more expensive than minimum coverage because of its value. It fully covers damage to your car with comprehensive and collision insurance plus liability.
- Comprehensive coverage: covers loss, theft or damage of your vehicle outside of an accident.
- Collision coverage: pays for repairs to your car in an at-fault collision.
With an older car, minimum coverage or liability-only insurance may be better if the cost of a full coverage policy is more than your car’s worth.
Compare Car Insurance Rates in Cheyenne
Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.
Cheapest Car Insurance in Cheyenne for Minimum Coverage
In Cheyenne and elsewhere, several factors determine the cost of your car insurance, including the amount of coverage purchased. For example, the minimum liability coverage costs $303 on average per year. On the other hand, a full coverage policy costs an average of $851 per year. That’s a difference of $548.
Cheapest Minimum Liability Car Insurance in Cheyenne
State Minimum
- CompanyState Minimumper year
- 1.$180
- 2.$206
- 3.$246
- 4.$284
- 5.$370
Wyoming requires drivers to have an auto insurance policy with 25/50/20 in liability limits. The minimum coverage policy saves you money in Cheyenne, but you may have to pay a higher amount out of pocket in an at-fault accident.
For example, if you cause property damage of $30,000 in an accident, the policy only covers $20,000, making you liable for the remaining $10,000.
Wyoming Minimum Liability Requirements
- ItemDescription
- Bodily Injury and Property Damage$25,000 per person, $50,000 per accident and $20,000 for property damage. A more protective level is 100/300/100.
Cheapest Car Insurance in Cheyenne if You Have Driving Violations
Driving violations like a DUI, at-fault accident or speeding ticket significantly increase your car insurance rate. On average, the following companies are most affordable in Cheyenne with a violation:
- Cheapest after a speeding ticket: State Farm, $790 per year
- Cheapest after a DUI: State Farm, $790 per year
- Cheapest after an at-fault accident: State Farm, $855 per year
For drivers who have a military background and violations like a speeding ticket or at-fault accident, USAA averages the cheapest rates.
Poor drivers in Cheyenne can get cheaper insurance by improving their records over time. Right now, it’s best to compare quotes and find the best rate available with a violation.
Cheapest Car Insurance in Cheyenne With a Violation
Speeding Ticket
- CompanySpeeding Ticketper year
- 1.$567
- 2.$790
- 3.$934
- 4.$1,012
- 5.$1,213
Average Cost of Car Insurance in Cheyenne
Cheyenne$851
Wyoming$851
U.S.$1,424
With an average annual rate of $851, car insurance in Cheyenne is much more affordable than in major cities such as Chicago, New York and Seattle. Drivers in Cheyenne (and the rest of Wyoming) typically pay 40.2% less than the national average of $1,424.
Personalized Quotes to Get You the Cheapest Car Insurance in Cheyenne
Car insurance companies utilize a number of factors to determine a driver’s risk level. Some of these factors are your credit score, your age and your driving record. Regular evaluations of the rates available to you will help you get the most accurate rate available.
Compare Car Insurance Rates in Cheyenne
Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.
The Best Car Insurance Companies in Cheyenne
MoneyGeek rated the best insurance providers in Cheyenne to help drivers looking for quality and affordable coverage find the cheapest option that suits their needs.
Based on the scores, the best car insurance carriers in the city for most drivers are:
- Hartford: MoneyGeek score of 93 out of 100
- GEICO: MoneyGeek score of 85 out of 100
USAA received the highest score in Cheyenne by MoneyGeek's rating system but is only available to military members, veterans and their families. For them, it is the best choice for an auto insurer.
To calculate the scores, MoneyGeek analyzed various factors, including affordability, financial stability and user satisfaction ratings from J.D. Power.
1
USAA
Score:100
2
Hartford
Score:92.5
3
GEICO
Score:85
4
Allstate
Score:82.5
5
State Farm
Score:80
6
Farmers
Score:80
7
Progressive
Score:80
8
Safeco
Score:77.5
9
Liberty Mutual
Score:77.5
10
Nationwide
Score:75
Average Cost of Car Insurance by Postal Code
While your ZIP code can play a role in the cost of your auto insurance in many cities, this is not the case for Cheyenne. With a difference of $2 between the most affordable and most expensive premiums in the area, you will get a similar price no matter which ZIP code you reside in.
- Zip CodeState Minimumper year
- 82007$850
- 82001$852
- 82009$852
Factors That Impact Insurance Costs in Cheyenne
In addition to individual driver needs and history, location-specific factors like the percentage of uninsured motorists and the rate of car thefts also contribute to car insurance rates in Cheyenne. How Cheyenne ranks compared to the 300 most populous cities in the United States can have a significant impact on premium costs.
Methodology and Assumptions
MoneyGeek’s average premium rates for Cheyenne are based on 100/300/100 comprehensive collision coverage with a $1,000 deductible for a 40-year-old male driver. The average driver profiled drives a 2010 Toyota Camry LE and has no tickets or accidents on their record. Additional premiums are added based on coverage type, location and driving record. Learn more about MoneyGeek’s data and methodology here.
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