Wyoming Insurance Requirements & Rates

Wyoming requires minimum liability coverage of 25/50/20 (bodily injury per person / per accident / property damage). Wyoming is an at-fault state, meaning the driver who caused the accident is responsible for paying damages. Uninsured motorist coverage is not required but recommended.

Wyoming homeowners face risks from wildfires, severe thunderstorms, hail, winter storms. The flood risk level is low and earthquake risk is low. Standard deductibles apply. The average annual home insurance premium is $1,786.

Wyoming requires riders under 18 to wear helmets. Lane splitting is not legal. The riding season is may–september.

Yes, workers' compensation insurance is required in Wyoming. Sole proprietors and partners may opt out. Wyoming has approximately 65,000 small businesses, with top industries including Mining & Energy, Agriculture & Ranching, Tourism.

No, Wyoming has not expanded Medicaid. The state uses the federal marketplace at healthcare.gov. The uninsured rate is 11.3%.

Yes, landlords in Wyoming can require tenants to carry renters insurance as a condition of the lease. About 30% of Wyoming residents are renters, with average monthly rent of $875.

With a median household income of $68,002, most Wyoming families should consider 10-12x their annual income in life insurance coverage. Currently, 50% of Wyoming households have life insurance.