Best Wyoming Homeowners Insurance Quotes (2025)

Wyoming homeowners pay an average of $2,391 annually for a homeowners insurance policy with $300,000 in dwelling coverage and a $1,000 deductible. This is slightly lower than the national average of $2,520 for the same coverage.

If you’re moving to Wyoming, understanding what to expect in terms of climate can help you find the best homeowners coverage for your needs. The state is outside “Tornado Alley,” though these weather events — and accompanying incidents like hail — aren’t unheard of.1 Wyoming winters also tend to be harsh, so flooding from snow melt might also be a concern.

Here’s what to know about comparing quotes and choosing homeowners insurance coverage in Wyoming.

Best home insurance companies in Wyoming

Several insurance companies offer homeowners policies in Wyoming, so you have options. The best home insurance company for you will depend on your unique needs, including your location and property. Here are some companies to consider.

Cheapest rates: USAA

Best for customer satisfaction: State Farm

Best insurer for discounts: Allstate

Best insurer for in-person help: Foremost

Cheapest home insurance in Wyoming

USAA offers the cheapest home insurance in Wyoming, with homeowners paying an average of $100 monthly. But not everyone is eligible for a USAA home insurance policy. Fortunately, other insurers offer relatively affordable coverage.

Here’s a look at some top insurers offering cheap home insurance for Wyoming homeowners.

Cost of homeowners insurance in Wyoming

Wyoming homeowners pay $1,668 annually for home insurance coverage, which averages out to around $139 per month. But several factors affect the cost of your home insurance, including:2

• ZIP code: Your location will affect the cost of your home insurance. The insurance company will look at area crime, proximity to public services like fire stations, and other factors.

• Home’s age and condition: Your home’s age and condition also play a role. In general, newer homes in good condition may be cheaper to insure.

• Coverage needs: Insurers factor your coverage needs into costs, too. For instance, if you live in a high-value home, you’ll want sufficient dwelling coverage to protect it. Higher coverage amounts or adding different types of homeowners coverage mean higher costs.

• Homeowners insurance deductible: Your deductible is what you’ll pay out of pocket before your insurer pays out a claim. A higher deductible typically means lower premiums.

• Credit history: Insurance companies can look at your credit history to help determine the cost of your Wyoming homeowners insurance policy. Your credit history will offer insight into your payment history. In general, people with poor credit pay higher auto insurance and home insurance rates than people with good credit.

Cost of homeowners insurance by dwelling coverage amount

A good rule of thumb is to choose a dwelling coverage amount equal to what it’d cost to replace your Wyoming home if a severe weather event destroys it. Your insurance agent should be able to guide you on how much coverage you need. In general, a higher amount of coverage will result in higher homeowners insurance premiums.

Here are the monthly average premiums in Wyoming relative to dwelling coverage limits for policies with a $1,000 deductible.

Cost of homeowners insurance by deductible

Your chosen deductible will also affect your homeowners insurance costs in Wyoming. Your deductible is what you’ll pay after a claim before your homeowners insurance kicks in after a covered loss. If you opt for a higher deductible, you’ll typically benefit from lower premiums. But you’ll also need to pay more out of pocket if your home is damaged and you file a claim. 

Here’s how your deductible amount could affect the average cost of homeowners insurance for policies with $300,000 in dwelling coverage.

How to get cheap homeowners insurance in Wyoming

No matter where you live in the Equality State, it’s likely possible to find affordable home insurance. If you want to reduce your homeowners insurance costs in Wyoming, here are some things you can do:3

• Compare homeowners insurance companies. Your premiums will vary depending on the insurer you choose. Get multiple homeowners insurance quotes to find competitive rates on a policy that meets your coverage needs.

• Research available discounts. Insurance discounts vary by company. Research potential discounts before you shop for coverage, as you might find one company offers a broad range of discounts while another offers just a few.

• Install fire and theft protection. Some insurance companies will give you a special discount for installing certain safety features in your home, such as a sprinkler system or security system.

• Opt for a newer home. Generally, newer homes are cheaper to insure than older homes, though it’ll depend on your location and other factors. Opting for a new construction home might save you money on home insurance.

How much homeowners insurance do you need in Wyoming?

Chances are good you’re taking out a mortgage to purchase your Wyoming home. If this is the case, your mortgage company will require you to purchase a home insurance policy, which protects its collateral in case fire or severe weather damages your home.

A standard homeowners insurance policy includes dwelling coverage, personal property coverage, liability coverage, and loss of use coverage. The amount of coverage you need will vary depending on the value of your home and your personal belongings, as well as your preferences.

Different homeowners insurance policies may have different exclusions. So, it’s important to read the fine print to determine exactly what your homeowners insurance does and doesn’t cover.

What are some of the biggest risks when owning a home in Wyoming?

Every state has its own specific risks for homeowners. In the Midwest, you have tornadoes to contend with, while earthquakes are common in California. The state of Wyoming isn’t exempt to natural disasters.

Here are some common risks to houses in Wyoming and whether a standard homeowners policy typically covers those risks:

Wyoming homeowners insurance FAQs