The Best Home Insurance in Wyoming for 2024

The average cost of homeowners insurance in Wyoming is $1,555 per year, or about $130 per month, according to a NerdWallet analysis. For comparison, the national average is $1,915 per year.

NerdWallet analyzed data from numerous insurance companies to help you find the best home insurance in Wyoming in the following categories:

• Best for affordability: Nationwide.

• Best for coverage: State Farm.

• Best for consumer experience: Amica and Nationwide.

The rates in our analysis are estimates based on many factors, so your rate may differ.

Note: Some insurance companies included in this article may have made changes in their underwriting practices and no longer issue new policies in your state. Even if an insurer serves your state, it may not write policies for all homes in all areas.

Best affordable homeowners insurance in Wyoming: Nationwide

In Wyoming, the average annual premium for Nationwide is $1,300, which is less than the state average of $1,555.

We like Nationwide for its wide variety of coverage options. For example, its standard homeowners insurance policy generally includes ordinance or law coverage, which can help pay to bring your home up to current building codes after a covered claim. You can add other coverage for things like identity theft and damage from backed-up sewers and drains.

Depending on how much personal assistance you need, you can get a quote for homeowners insurance on the Nationwide website or work with a local agent instead. You can also use the website to pay bills, file claims or check claim status.

Learn more with our Nationwide homeowners insurance review.

Best homeowners insurance in Wyoming for coverage: State Farm

As America’s largest insurer, State Farm stands out for its long list of coverage options. Its policies generally include extra dwelling coverage in case it costs more than expected to rebuild your home after a covered disaster. You may also be able to add coverage for things like identity theft, damage from backed-up drains and personal injury liability.

Learn more with our State Farm homeowners insurance review.

Best homeowners insurance in Wyoming for consumer experience: Amica and Nationwide

Amica stands out for its customer service and broad range of coverage options. The company has drawn far fewer consumer complaints to state regulators than expected for an insurer of its size, according to the National Association of Insurance Commissioners, or NAIC.

You can customize your policy with extra coverage above your dwelling limit, in case your house costs more to rebuild than expected. You may also want to add coverage for damage from water backups or recovery from identity theft.

Get more information in our Amica homeowners insurance review.

Nationwide also earned high marks for consumer experience. Its website offers plenty of ways to manage your policy, including filing and tracking claims, paying bills, and getting quotes. The company also has a comprehensive and highly rated mobile app.

Learn more with our Nationwide homeowners insurance review.

Full list of the best homeowners insurance in Wyoming

NerdWallet analyzed home insurance companies across the state to find the best home insurance in Wyoming. Here are all of the insurers that received a NerdWallet star rating of 4.5 or higher:

» MORE: The best home insurance companies

How much does homeowners insurance cost in Wyoming?

The average annual cost of home insurance in Wyoming is $1,555. That’s 19% less than the national average of $1,915.

In most U.S. states, including Wyoming, many insurers use your credit-based insurance score to help set rates. Your insurance score is similar but not identical to your traditional credit score.

In Wyoming, those with poor credit pay an average of $2,900 per year for homeowners insurance, according to NerdWallet’s rate analysis. That’s 86% more than those with good credit.

» MORE: Does your credit score affect home insurance rates?

Average cost of homeowners insurance in Wyoming by city

How much you pay for homeowners insurance in Wyoming depends on where you live. For instance, the average cost of home insurance in Cheyenne is $2,250 per year, while homeowners in Casper pay $1,950 per year, on average.

» MORE: What’s the average cost of homeowners insurance?

The cheapest home insurance in Wyoming

Here are the insurers we found with average annual rates below the Wyoming average of $1,555.

» MORE: The cheapest homeowners insurance

What to know about Wyoming homeowners insurance

You may face certain risks when living in Wyoming. Here are a few of the most common, along with steps you can take to insure your home properly against them.

Wildfire

Standard homeowners insurance typically covers damage caused by fire, but residents of high-risk areas should read their policies closely to ensure they understand any exclusions. Pay particular attention to the dwelling coverage limit, which is how much the insurance company will pay to rebuild your house. Check with your insurer to ensure you have enough coverage to rebuild if necessary.

Winter weather

Homeowners insurance generally covers winter storm-related damage, but some types of winter weather damage may require extra coverage. For instance, you’ll typically need a separate flood insurance policy to cover flood damage caused by snowmelt.

Hailstorms

Standard home insurance policies typically cover hail damage, but be aware that you may have a separate wind or hail deductible. These are often either a flat rate, such as $500, or a percent of your dwelling coverage, often between 1-5%. For example, your policy may have a $1,000 deductible for most claims and a 1% deductible for hail or wind claims. So, if your house has $250,000 worth of dwelling coverage, you’d have to pay for the first $2,500 of hail damage yourself.

Flooding

Standard homeowners insurance does not cover flood damage, so homeowners in flood-prone areas may need to purchase separate flood insurance.

To find out your risk, check out the Federal Emergency Management Agency's flood maps and RiskFactor.com, a website from the nonprofit First Street Foundation. Even if your property is deemed low risk, it may be worthwhile to purchase flood insurance for extra peace of mind.

Remember that while you can buy flood coverage at any time, there’s typically a 30-day waiting period before the insurance takes effect. Here’s more information about flood insurance and waiting periods.

» MORE: Why you might need flood insurance, even if it's not required

Earthquakes

Homeowners insurance policies don't typically cover structural damage caused by earthquakes. For that coverage, you’d need to buy additional earthquake insurance.

Earthquake insurance often has a separate deductible, which can be between 10% and 20% of your dwelling coverage limit. If you have a 10% deductible on $200,000 of coverage, you’d need to pay $20,000 to repair earthquake damage before your insurance covers anything.

» MORE: Home insurance calculator: Estimate your rate

Wyoming insurance department

The Wyoming Department of Insurance oversees the state’s insurance industry. Consumers can learn more about insurance on the department’s website or submit a complaint about their insurer using the online complaint form. For help, call the department toll-free at 800-438-5768 or by submitting a contact form online.