bestauto insuranceCheyenneCompare 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.
REVIEW AUTO INSURANCE RATES
Ensure you're getting the best rate for your auto insurance. Compare quotes from the top insurance companies.
Advertising & Editorial DisclosureLast Updated: 1/4/2023
Edited By |
Margarita Barresi
Written By |
Mark Fitzpatrick
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 State Farm as the best company for cost and service quality. The best for you depends on your coverage and profile.
bestauto insuranceCheyenneThe Cheapest and Best Car Insurance in Cheyenne
Cheapest Overall - State Farm
Cheapest State Minimum - GEICO
Cheapest With a Driving Violation - State Farm
Best Overall - State Farm
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, an at-fault accident or a 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 an at-fault accident: State Farm, $855 per year
- Cheapest after a DUI: State Farm, $790 per year
For drivers who have a military background and violations like a speeding ticket or an 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 determined the top car insurance providers in Cheyenne by examining average premiums, claims ratings and customer satisfaction ratings. The top-rated auto insurance providers in Cheyenne are:
- State Farm: MoneyGeek score of 72 out of 100
- GEICO: MoneyGeek score of 53 out of 100
Additionally, USAA earned a perfect MoneyGeek score of 100 out of 100, making it the top auto insurance provider in Cheyenne overall. We excluded the company from our list, however, because it only serves military personnel and their families.
1
State Farm
Score:72
State Farm scored excellent ratings for stability, satisfaction and claims and is Cheyenne’s best car insurance provider. Drivers who work for a ridesharing company may get rideshare insurance from State Farm. According to MoneyGeek, the average cost of State Farm car insurance for a 40-year-old male with a clean driving record is $726 per year.
More About State Farm
State Farm's rideshare insurance guarantees that your personal auto policy's medical coverage, emergency roadside assistance and rental car reimbursement remain in force while you work for a ridesharing company.
Drivers in Cheyenne may also benefit from additional coverage choices. For example, State Farm’s roadside assistance covers mechanical work, towing, gas delivery, tire replacement and locksmith labor for up to one hour at the breakdown site.
Read MoneyGeek's State Farm auto Insurance Review2
GEICO
Score:53
GEICO is Cheyenne's second-best auto insurance provider, with an A+ rating for stability and a 4 out of 5 rating for consumer satisfaction. Its full coverage insurance costs an average of $822 per year. GEICO offers mechanical breakdown insurance as an add-on, which is uncommon among insurers.
More About GEICO
You can tailor GEICO's full coverage car insurance in Cheyenne to meet your specific requirements and preferences with optional coverage options.
Mechanical breakdown insurance is a rare add-on that's less expensive than standard dealer extended warranties and covers all components and systems. In addition, you may get accident-free coverage, which prevents your premium from rising after your first at-fault accident. This coverage is free for drivers over 21 who have maintained a clean driving record for at least five years.
Read MoneyGeek's GEICO auto Insurance Review3
Allstate
Score:42
4
Farmers
Score:38
5
MetLife
Score:33
Average Cost of Car Insurance by Postal Code
Although 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.
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