Wyoming's average home insurance premium costs $158 monthly or $1,893 annually. That’s $131 less per month than the national average, making Wyoming the 33rd most affordable state for home insurance coverage.
Average Home Insurance Cost in Wyoming (2026 Rates)
Updated: January 7, 2026
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Wyoming Home Insurance Rates: Key Takeaways
Wyoming homeowners pay around $158 monthly or $1,893 annually for coverage, ranking as the 33rd most affordable state nationwide.
Get instant cost estimates with MoneyGeek's free home insurance calculator. We don't require personal details for quick quotes.
Save on coverage by determining your needs, gathering multiple quotes and researching providers to find the best home insurance in Wyoming.
How Much Is Home Insurance in Wyoming?
| Wyoming | $1,893 | $3,467 | -45% |
*These rates are for a frame construction home built in 2000 with $250,000 dwelling, $125,000 personal property, $200,000 liability coverage and a $1,000 deductible.
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$220
High
$144
Average
$104
Low
Rates updated:
Jan 28, 2026
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Average Wyoming Home Insurance Cost by City
Home insurance costs vary across Wyoming cities. Local factors like property values, housing age and weather risks directly affect your premiums. These city-specific conditions create notable rate differences throughout the state.
| Albin | $189 | $2,268 |
| Cheyenne | $186 | $2,233 |
| Laramie | $140 | $1,675 |
| Lyman | $116 | $1,396 |
Average Wyoming Homeowners Insurance Pricing by Coverage Level
Wyoming home insurance costs vary based on your coverage choices, with annual premiums ranging from $1,014 to $6,858. Higher coverage limits and lower deductibles push your costs up, while choosing lower coverage amounts and higher deductibles brings your premium down.
| $100K Dwelling / $50K Personal Property / $100K Liability | $85 | $1,014 |
| $250K Dwelling / $125K Personal Property / $200K Liability | $158 | $1,893 |
| $500K Dwelling / $250K Personal Property / $300K Liability | $310 | $3,721 |
| $750K Dwelling / $375K Personal Property / $500K Liability | $451 | $5,417 |
| $1MM Dwelling / $500K Personal Property / $1MM Liability | $572 | $6,858 |
Average Cost of Wyoming Home Insurance by Company
Insurance company choice greatly affects Wyoming home insurance costs. Allstate charges an average of $2,693 annually, which is 82% more than USAA's $1,480 average. This price difference shows why comparing quotes from multiple providers helps you find affordable coverage.
| USAA | $123 | $1,480 |
| State Farm | $130 | $1,555 |
| Foremost Insurance | $154 | $1,842 |
| AMCO Insurance | $158 | $1,896 |
| Allstate | $224 | $2,693 |
Wyoming Homeowners Insurance Costs by House Age
Home age affects insurance costs in Wyoming. Homes built in 2020 average $1,262 annually, while homes built in 1980 cost $1,977 per year. Older homes cost about 57% more to insure than newer construction.
| Newer | $105 | $1,262 |
| Middle Age | $158 | $1,893 |
| Older | $165 | $1,977 |
Average Wyoming Home Insurance Cost by Credit Score
Credit scores directly impact Wyoming home insurance costs. Insurers view better credit as lower risk, resulting in cheaper premiums. Annual rates range from $1,201 to $3,408 based on your credit profile.
| Excellent | $100 | $1,201 |
| Good | $158 | $1,893 |
| Below Fair | $198 | $2,380 |
| Poor | $284 | $3,408 |
Why Is Home Insurance More Affordable in Wyoming?
Wyoming home insurance is more affordable than many other states due to its low severe weather risk, minimal tornado activity and lower claim frequency compared to disaster-prone regions. Wyoming ranks 25th nationally for tornado frequency, with most occurring in sparsely populated areas where damage claims are rare.Â
The state lies west of "Tornado Alley" and experiences far fewer catastrophic weather events than coastal or southeastern states. While Wyoming's construction costs align with national averages, insurers generally pay out fewer claims due to the state's mild weather patterns and low population density, allowing them to offer more affordable rates to homeowners.
How Can I Save on Wyoming Home Insurance?
Home insurance costs continue climbing in Wyoming, making it important to find the cheapest home insurance in Wyoming for your situation. These proven strategies help you cut premium costs whether you're buying or already own a home.
Assess Your Coverage Requirements
Determine your home's replacement cost using current construction prices rather than market value. Inventory your belongings to establish personal property coverage needs. Wyoming homeowners should consider add-ons like scheduled personal property coverage for valuables or water backup protection for complete financial security.
Shop for Competitive Rates
Use MoneyGeek's Wyoming home insurance calculator to generate quote estimates based on your home's details. Ask about discounts for security systems, newer homes, claim-free records and protective devices like smoke detectors, which can help further reduce premiums.
Evaluate Multiple Insurers
Collect quotes from at least three insurance companies. Compare customer satisfaction ratings, claims service quality and financial strength ratings beyond just prices. A lower premium may cost more long-term if the insurer processes claims slowly during emergencies.
Reduce Your Risk Factors
Install safety features like smoke detectors or security systems to qualify for lower premiums. Maintaining a claim-free record saves $301 to $555 annually in Wyoming compared to filing one or two claims. Improve your credit by paying bills on time, reducing outstanding debt and keeping credit card balances low to save on your premiums.
Calculate Wyoming Homeowners Insurance Costs: FAQ
Wyoming homeowners insurance costs vary based on your home's location, age and coverage needs. The FAQs below explain what affects your rates and help you estimate potential premiums for your property.
How much will my premium increase after filing a claim in Wyoming?
In Wyoming, your homeowners insurance premium jumps by $301 after one claim and $555 after two claims compared to claim-free customers. Homeowners without claims pay $1,893 annually on average. One claim pushes your rate to $2,194 per year, while two claims cost $2,448 annually. Claims stay on your record for five years, meaning you'll pay these elevated rates throughout that entire period.
How much can I save by choosing a different insurer in Wyoming?
Shopping around for home insurance in Wyoming can save you thousands of dollars each year. USAA offers the most affordable rates at $123 monthly, while mid-tier insurers show wide price variations. Look at the difference between AMCO at $158 per month and Allstate at $224 monthly.
That's a $66 monthly gap for similar coverage. These rate differences show why getting multiple quotes matters for your budget. Compare quotes from at least three insurers to find the best rate for your situation.
Does home insurance in Wyoming cover tornado damage?
Yes, standard home insurance policies in Wyoming cover tornado damage. Your policy protects your home, other structures on your property and personal belongings from tornado destruction. Home insurance covers wind damage from tornadoes, including damaged roofs, broken windows and destroyed buildings.Â
You will pay your deductible before your coverage starts helping with repair costs. Tornado coverage falls under the windstorm protection in your standard homeowners policy, meaning you don't need to buy separate tornado insurance in Wyoming.
Why does home insurance cost more for older homes in Wyoming?
Home insurance costs jump for older properties in Wyoming. Older homes cost 57% more to insure than newer ones. A newer home built around 2020 averages $1,262 annually, while an older home from around 1980 costs $1,977 per year. That's a $715 difference. Middle-aged homes built around 2000 fall between these at $1,893 annually.
Older homes carry higher premiums because they have greater risks from aging systems and materials. Outdated electrical wiring, old plumbing and worn roofing are more likely to fail and trigger insurance claims. These homes also cost more to repair since they often need specialized parts or construction methods that match original building standards.
Our Wyoming Home Insurance Rate Analysis
MoneyGeek calculated Wyoming home insurance estimates using real rate data from major insurers across the state. We built our analysis around a standard homeowner profile to ensure accurate comparisons between companies and coverage factors.
Our baseline profile includes $250,000 dwelling coverage, $125,000 personal property coverage, $200,000 liability coverage and a $1,000 deductible. The model assumes a home built in 2000 with no insurance claims filed in the past five years.
We tested how individual factors affect premiums by changing one element while keeping everything else the same. For example, when comparing home age impacts, we analyzed homes built in 1980, 2000 and 2020 using identical coverage amounts and homeowner characteristics. This approach shows exactly how much each factor influences your costs.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. He has analyzed the insurance market for over five years, conducting original research for insurance shoppers. His insights have been featured in CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
He writes about economics and insurance, breaking down complex topics so people know what they're buying.
sources
- Water Resources Data System and State Climate Office. "Wyoming Climate Atlas." Accessed January 28, 2026.