Updated: April 1, 2026
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Top renters insurer in Wyoming: State Farm
Most affordable renters insurance in Wyoming: USAA
Wyoming average renters insurance cost: $106 per year
State Farm earned the top spot as Wyoming's best renters insurance provider. The company earns a MoneyGeek score of 4.5 out of 5 and costs $10 monthly with high customer service ratings.
The top renters insurance companies in Wyoming that earned the highest MoneyGeek scores include State Farm and USAA.
| State Farm | 4.5 | $10 | $125 |
| USAA | 4.25 | $7 | $87 |
*Rates for renters aged 26 to 64 with good credit and no claims history. Policy includes $20,000 in personal property coverage, $100,000 in liability coverage and a $500 deductible.
J.D. Power Renters Insurance Customer Satisfaction Score
Average Annual Premium
Average Monthly Premium
J.D. Power Renters Insurance Customer Satisfaction Score
Average Annual Premium
Average Monthly Premium
For $20,000 in personal property coverage, Wyoming renters can pay as little as $7 per month through USAA. This saves you $2 per month or $24 per year compared to the state average of $9 monthly.
Rates from the two most affordable companies range from $7 to $10 monthly for identical coverage. Only one of two insurers charges less than Wyoming's $9 state average for cheapest renters insurance.
| USAA | $7 | $-2 |
| State Farm | $10 | $2 |
At $106 annually, Wyoming renters pay just $9 per month for renters insurance, which is $7 less than the national average of $16. The state's lower population density reduces theft and vandalism risks, while fewer natural disasters mean less frequent claims. Wyoming's affordable housing market also keeps replacement costs down, allowing insurers to offer more competitive rates to renters.
Laramie and Lyman share the lowest renters insurance rates in Wyoming at $9 monthly ($106 annually), while Albin has the highest average at $9 per month ($107 annually). The spread across cities is narrow, with most near $9 per month, though local claims history and factors like crime rates and weather risks still shape pricing differences across the state.
| Albin | $9 | $107 |
| Laramie | $9 | $106 |
| Lyman | $9 | $106 |
State Farm offers the most affordable renters insurance at Wyoming's highest coverage level, charging $36 monthly for $250,000 in personal property coverage and $300,000 in liability protection. USAA provides the cheapest rates across the three lower coverage tiers, winning at $20,000, $50,000 and $100,000 in personal property coverage with $100,000 liability limits.
| $20K Personal Property / $100K Liability | USAA | $7 |
| $50K Personal Property / $100K Liability | USAA | $11 |
| $100K Personal Property / $100K Liability | USAA | $16 |
| $250K Personal Property / $300K Liability | State Farm | $36 |
Knowing your coverage options, estimating your property value and comparing quotes from multiple insurers are the first steps to getting the right renters insurance coverage.
Comparing quotes uncovers wide price differences between insurers. USAA charges $7 monthly while State Farm charges $10 for identical $20,000 coverage. That's a $3 monthly savings when you find the lowest rate by requesting quotes from at least three companies.
Pairing renters and auto insurance with one company cuts 10% to 25% off both premiums. State Farm and Auto-Owners offer bundling discounts that lower your total insurance costs while consolidating monthly bills into one payment.
Higher deductibles reduce your monthly premiums but increase what you'll pay when filing claims. Before raising your deductible, confirm your emergency fund can cover the higher out-of-pocket costs if you need to file a claim.
Many discounts aren't applied automatically, so ask what you qualify for. Wyoming insurers offer savings for security systems, smoke detectors, claims-free history and automatic payments. State Farm provides good student discounts for renters under 25 with B averages or better.
Most Wyoming landlords require at least $100,000 in liability coverage, even though the state doesn't mandate renters insurance. Factors like pet ownership, credit score and rental history affect your coverage requirements. Your property value, local weather risks and crime rates should inform your coverage limits.
Use our calculator below to find out how much renters insurance you need.
When figuring out how much renters insurance you need, experts recommend the standard $100,000 in liability insurance and enough personal property protection to cover your possessions. Use MoneyGeek's calculator to estimate the value of your possessions so you know how much personal property coverage to buy.
Clothes, shoes, bags, belts, hats, gloves, etc.
Review our experts' answers to frequently asked questions below:
State Farm earns the top spot for renters insurance in Wyoming with a MoneyGeek score of 4.5 out of 5. At $10 monthly, it offers high customer satisfaction at affordable rates.
Wyoming renters insurance averages $9 monthly or $106 per year for $20,000 in personal property coverage. The state costs $7 less per month than the national average of $16 because of lower severe weather risks and reduced property crime rates compared to other states.
USAA offers the cheapest $100,000 renters insurance coverage at $16 monthly, while Wyoming's average is $19 per month or $225 annually. Most renters choose $20,000 to $50,000 in coverage instead. The $100,000 tier works best for renters with expensive belongings or valuable collectibles.
Wyoming doesn't legally require renters insurance, but most landlords mandate at least $100,000 in liability coverage as part of your lease agreement. Your landlord's specific requirements may vary based on your rental history, credit score and pet ownership. Always review your lease carefully to understand the exact coverage requirements.
We analyzed Wyoming renters insurance companies to find insurers with affordable rates and excellent service.
We gathered quotes for renters with this profile:
Affordability made up 50% of each company’s score. Customer satisfaction based on industry research accounted for 40%, while add-on coverage options contributed the remaining 10%. Companies with the highest combined scores across these factors earned spots on our list of the best renters insurance providers in Wyoming.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty (P&C) Insurance Producer in Connecticut, is MoneyGeek's resident insurance expert. He has analyzed the insurance market for almost a decade, first with LendingTree and now with MoneyGeek, conducting original research on hundreds of insurance companies and millions of insurance rates for insurance shoppers.
He writes about economics and insurance on MoneyGeek, breaking down complex topics so people can have confidence in their purchase. Like all MoneyGeek analysts, Mark collects and analyzes independent cost and consumer experience data on insurance companies to provide objective recommendations in our content that are independent of any of MoneyGeek's insurance company partnerships.
His insights — on products ranging from car, home and renters insurance to health and life insurance — have been featured in The Washington Post, The New York Times and NPR among others.
Mark holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He started his career working in financial risk management at State Street before transitioning to analysis of the personal insurance market. He's also a five-time Jeopardy champion!
