Updated: January 19, 2026
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USAA offers the cheapest homeowners insurance in Wyoming, with average rates of $1,480 per year.
USAA, State Farm, Foremost, AMCO and Allstate cost 22% to 42% below Wyoming's $1,893 average.
Bundle your home and auto insurance policies to save 10% to 25% on premiums — one of the biggest discounts Wyoming insurers offer.
USAA is the cheapest home insurance company in Wyoming at $1,480 per year. State Farm ranks second at $1,555 annually and covers all Wyoming residents. The five most affordable insurers save homeowners between $414 and $800 compared to the state average.
| USAA | $123 | $1,480 | -22% |
| State Farm | $130 | $1,555 | -18% |
| Foremost Insurance | $154 | $1,842 | -3% |
| AMCO Insurance | $158 | $1,896 | 0% |
| Allstate | $224 | $2,693 | 42% |
*The rates above are for homeowners ages 41 to 60 with good credit and no claims history. Quotes are for a home built in 2000 insured for $250,000 in dwelling coverage, $125,000 in personal property coverage and $200,000 in liability coverage with a $1,000 deductible.
According to our cost research, USAA offers the lowest rates across all categories in Wyoming, but only military members and their families qualify. Other insurers also provide cheaper alternatives for homeowners without military connections.
| Older Homes | USAA | $1,491 |
| Newer Homes | USAA | $935 |
| Young Homeowners | USAA | $1,471 |
| Senior Homeowners | USAA | $1,486 |
| High-Risk Fire Homes | USAA | $1,658 |
| Smaller Homes | USAA | $1,289 |
| Larger Homes | USAA | $1,623 |
The cheapest company may not be your best fit. Customer service quality, coverage options and claims handling matter beyond price. Our guide to the best home insurance companies in Wyoming compares insurers across these factors.
Some home insurance providers are more affordable than others across Wyoming based on local risk factors. USAA offers the cheapest rates in Albin and Cheyenne, while State Farm provides lower premiums in Laramie and Lyman. Where you live determines which insurer gives you the best deal.
| Albin | USAA | $1,621 |
| Cheyenne | USAA | $1,621 |
| Laramie | State Farm | $943 |
| Lyman | State Farm | $919 |
Your coverage needs determine which insurer offers the best rate. For basic coverage in Wyoming, State Farm offers the lowest premiums at $713 annually for $100,000 dwelling, $50,000 personal property and $100,000 liability coverage. USAA delivers the most affordable rates for mid-range and high-value homes and the cheapest provider at the premium $1 million dwelling, $500,000 personal property and $1 million liability level.
| State Farm | $59 | $713 |
| Foremost Insurance | $69 | $829 |
| AMCO Insurance | $85 | $1,014 |
| USAA | $87 | $1,038 |
| Allstate | $123 | $1,477 |
Wyoming homeowners can cut their insurance costs by hundreds of dollars annually through discounts, higher deductibles and smart home improvements.
Combine your home and auto insurance with the same company to save 10% to 25% on both policies. State Farm, Allstate and Progressive offer bundle discounts to Wyoming homeowners.
Raise your deductible to lower your annual premium, though you'll pay more out of pocket when filing a claim. Choose a deductible amount you can afford if you need to file a claim.
Wyoming allows insurers to use credit-based insurance scores when setting rates. Improving your credit score can save you hundreds of dollars annually on your home insurance premium.
Filing multiple claims within three years triggers rate increases. Use homeowners insurance for major losses rather than small repairs you can afford.
Contact your insurer to find all discounts you qualify for beyond bundling. Review your policy annually to add new discounts as your situation changes.
Frequently asked questions about the cheapest home insurance in Wyoming:
Yes, standard homeowners insurance in Wyoming covers tornado damage to your home and belongings. Wyoming faces moderate tornado risk, though some areas see more activity than others. Check your policy for any specific exclusions that might apply in high-risk zones.
Flood insurance isn't required across Wyoming, but your mortgage lender will require it if you're in a FEMA high-risk flood zone. Since standard homeowners insurance doesn't cover flood damage, many residents choose to buy flood coverage anyway to protect against potentially devastating financial losses.
Replacement cost coverage pays the full amount to rebuild or replace your damaged property without subtracting for wear and tear. Actual cash value coverage deducts depreciation, giving you less money based on your property's current worth. Most Wyoming lenders require replacement cost coverage to protect their investment.
You can cancel your Wyoming home insurance anytime without paying cancellation fees, and you'll get a prorated refund for unused premium. Coordinate the timing with your mortgage lender first, as they require you to maintain continuous home insurance coverage.
Our rate analysis reflects what most Wyoming homeowners need: standard coverage for a typical single-family home built within the past 25 years.
We collected quotes from major insurers using a consistent homeowner profile across Wyoming. This approach shows how each company prices the same coverage by removing variables that make direct comparisons difficult. The base profile represents the most common home insurance scenario in Wyoming.
Standard Coverage Profile:
For specialty scenarios like older homes, high-value properties and rural locations, we adjusted variables from this base profile while keeping other factors constant. This shows how specific characteristics affect your rate compared to the standard homeowner.
These figures are estimates based on statewide averages. Your actual premium depends on your home's location, age, construction type and your claims history. Compare quotes from at least three insurers to find your lowest rate.
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.
