Temporary Car Insurance in Wyoming: The Cheapest Options and What You Need to Know

In Wyoming, major car insurance companies don’t offer temporary policies that only last a few weeks or months. Generally, the shortest term is six months. MoneyGeek looked into the different options for purchasing short-term coverage based on a driver’s various needs, such as for car owners looking for a temporary solution and for drivers without cars.

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Last Updated: 1/27/2022
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Car owners can create temporary car insurance in Wyoming by buying a policy and canceling it before six months are up. Buying and canceling a policy early will qualify you for a full refund for the unused months. In Wyoming, a three-month policy will cost an average of $213.

If you don’t own a car or are only visiting Wyoming, rental car insurance could be the best option for you. MoneyGeek also explains other scenarios when temporary car insurance might be necessary, such as when buying non-owner insurance for license reinstatement and working for a rideshare company.

Can You Get Temporary Car Insurance in Wyoming

Temporary car insurance in Wyoming and other states can mean different things. For a driver who owns a car, getting a full auto insurance policy and canceling it early is one way to get short-term coverage. Meanwhile, getting rental car insurance or non-owner car insurance may be the best options for drivers who don't own a car.

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HOW TO FIND TEMPORARY CAR INSURANCE IN WYOMING TO FIT YOUR NEEDS

There are different ways to get temporary car insurance in Wyoming. MoneyGeek looked into all the options for acquiring short-term policies.

Buying a Six-Month Wyoming Insurance Policy and Canceling It Early

In Wyoming and elsewhere, most car insurance providers only sell policies with a minimum term of six months. The average cost of a six-month policy in the state is $426. If you want coverage for shorter time periods, you can cancel your policy early. Most major car insurance companies give refunds on premiums paid for the remainder of the term.

For instance, a 90-day car insurance in Wyoming will only cost half as much as the six-month policy, which is around $213.

If you decide to use this strategy, MoneyGeek advises against having an insurance lapse. Having a lapse in your coverage can result in you paying hundreds of dollars more for insurance later.

Cheap Temporary Car Insurance in Wyoming

MoneyGeek calculated the average costs from different companies in Wyoming for typical six-month, three-month and one-month policies.

The most affordable car insurance in Wyoming for a 90-day policy are from:

  • State Farm: $182 per 90 days
  • GEICO: $206 per 90 days

The rates calculated by MoneyGeek exclude cancellation fees. Most major car insurance companies don’t charge cancellation fees. They also usually provide full refunds for unused premiums.

Annual Cost of Car Insurance in Wyoming by Policy Length

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Altering Wyoming Car Insurance Temporarily Depending on Your Needs

The best option for Wyoming drivers who need to temporarily add or remove coverage is to make alterations to their existing policy. The most common questions drivers have about short-term car insurance include concerns about having a teenager going to college, storing a vehicle and letting someone borrow their car.

When You Should Alter Your Policy Temporarily

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If your child goes to school elsewhere in Wyoming, you can temporarily remove them from your insurance policy or seek a discount from your insurer.

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If you’re putting your car in storage, it may make sense to switch to comprehensive-only insurance. If you’re military, consider USAA’s vehicle storage discount.

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If you’re letting someone else drive your car regularly, you should add them to your policy.

Cheap Temporary Car Insurance for Students in Wyoming

If you have a child living with you in Wyoming, you’ll have to add them to your policy. That can be quite expensive. Based on MoneyGeek’s analysis, the average cost of adding an 18-year-old to an insurance policy in Wyoming is $1,764 annually.

There are three ways for parents to temporarily adjust the cost of their insurance in Wyoming. You can take your student off the policy for part of the year if they live more than 100 miles away, take advantage of distant student discounts or keep the child on the policy.

In Wyoming, adding a student to your policy for only two months a year during summer costs around $294 on average. That’s $1,470 cheaper than having the student on the policy for the whole year.

GEICO offers the biggest savings for temporarily taking a student off the policy in Wyoming at an average of $1,644.

Annual Cost of Adding an 18-Year-Old to Car Insurance in Wyoming

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  • Company
    Adding 18-year-old for two out of 12 months
    Adding an 18-year-old for the full year
    Difference
  • $1,447
    $241
    -$1,206
  • $1,886
    $314
    -$1,571
  • $1,973
    $329
    -$1,644
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WHAT IF I CAN’T GET A DISCOUNT?

If your child is close enough that you can’t get a discount or temporarily remove them from your policy, you might still be able to save money by shopping around. MoneyGeek looked into the different companies for the cheapest car insurance for teens to help you find the best options.

What to Do About Car Insurance if You’re Storing Your Car in Wyoming

If you plan on storing your car temporarily, you can save money by switching to a comprehensive-only policy or seeking a vehicle storage discount.

Choosing to have comprehensive-only insurance will remove liability insurance coverage, which helps you save money while your car isn’t on the road. On average, comprehensive and collision insurance in Wyoming with $1,000 deductible costs $485 annually. A policy with comprehensive and collision insurance and minimum liability coverage costs an average of $759.

If you’re a military member on active duty, USAA may be a good option for you. It provides storage discounts and has one of the cheaper rates in Wyoming even before the discount at an average of $506 per year.

What to Do If You Let Someone Else Drive Your Car

If someone else in your household drives your car, then they’ll have to be insured on your policy. On the other hand, if you’re giving someone outside your home permission to drive your car, you don’t have to adjust your policy as they’ll automatically be covered by your insurance.

Buying Rental Car Insurance in Wyoming

If you’re only temporarily renting a car in Wyoming, you don’t need to buy an auto insurance policy since rental car insurance will be sufficient. Most rental companies offer basic liability insurance with the option to add collision damage waivers, supplemental liability insurance and personal accident insurance.

In Wyoming, the cost of rental car insurance with all these added coverages ranges from $41 to $57 per day, depending on the company. You may be able to mix and match coverages based on your needs to get cheaper rates.

Finding Cheap Rental Car Insurance in Wyoming

MoneyGeek collected data from Cheyenne, Wyoming, for this analysis. Rental car insurance in Wyoming costs $41 to $57 per day, depending on the company. The rates are $41 at Enterprise, $42 at Hertz and $57 at Avis. This rental car insurance includes supplemental liability, collision damage waiver and personal accident insurance costs.

If you already have car insurance, your own liability, collision and medical payments coverage may already cover you, so you may not need to buy all these additional coverages.

Many credit card providers also offer collision damage waiver coverage for rental cars. If your credit card company has this coverage, you may not need to purchase it from the rental car company.

Cost per Day of Rental Car Insurance in Wyoming

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  • Rental Company
    Total Insurance Cost
    Supplemental Liability Cost
    Collision Damage Waiver Cost
    Personal Accident Insurance Cost
  • Enterprise
    $41
    $13
    $23
    $6
  • Avis
    $57
    $17
    $31
    $10
  • Hertz
    $42
    $15
    $22
    $6

Buying Non-Owner Car Insurance in Wyoming

If you don’t have a vehicle but need proof of insurance coverage and an SR-22 filing for license reinstatement, non-owner car insurance may be the best option for you. The average cost of non-owner car insurance in Wyoming is $262 per year.

If you need to file SR-22 insurance in Wyoming but don’t own a car, non-owner insurance can be the cheapest option to get coverage.

How to Get Temporary Rideshare Car Insurance for Rideshare in Wyoming

Car insurance policies cover rideshare drivers in Wyoming when they accept a fare or transport a passenger. However, there is a temporary gap in coverage when they are not doing either. Rideshare car insurance can give you coverage to bridge that gap.

That said, rideshare insurance policies may not be available in all states. MoneyGeek compared the best rideshare insurance companies to help you find the right option in Wyoming.

Frequently Asked Questions About Temporary Car Insurance in Wyoming

Depending on your needs, there are different ways for you to get temporary car insurance in Wyoming. Below are some of the most commonly asked questions about short-term coverage to help you get started.

Methodology

For this analysis, MoneyGeek gathered car insurance and non-owner car insurance quotes across Wyoming in collaboration with Quadrant Information Services. All policies were for a 40-year-old driver and full coverage as described on our methodology page. Meanwhile, costs for a student represent the average rates of adding an 18-year-old to a policy.

For the one-month and three-month policies, MoneyGeek calculated rates on a prorated basis assuming a full refund from the insurance company.

MoneyGeek manually collected rental car insurance rates in Wyoming using the online tools of Avis, Enterprise and Hertz.

About the Author


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Mark Fitzpatrick is a senior content manager with MoneyGeek specializing in insurance. Mark has years of experience analyzing the insurance market and creating original research and content. He graduated from Boston College with a Bachelor of Arts and Johns Hopkins University with a Master of Arts.