Best and Cheapest Home Insurance Companies in Wyoming (2026)
State Farm has the cheapest home insurance in WY for most people, with an average of $1,870 per year for $350,000 in dwelling coverage. | ||
Home insurance in Wyoming costs an average of $2,101/yr. That's about 12% less than the national average. | ||
In Cheyenne, home insurance costs $2,702/yr for $350,000 in dwelling coverage. Rates are usually higher in the eastern portion of the state. |
State Farm has the cheapest home insurance in WY for most people, with an average of $1,870 per year for $350,000 in dwelling coverage. | ||
WY home insurance costs $2,101/yr, on average. In Cheyenne, home insurance costs an average of $2,702/yr. |
Find Cheap Home Insurance Quotes in Wyoming
Who sells the best cheap home insurance in Wyoming?
What company has the cheapest home insurance in Wyoming?
State Farm sells the cheapest home insurance in Wyoming for most people, at an average rate of $1,870 per year for $350,000 in dwelling coverage.
Find Cheap Home Insurance Quotes in Wyoming
- State Farm has the cheapest average rates for most people in Wyoming for both lower- and higher-value homes.
- USAA has the absolute lowest rates in Wyoming. But only military members, veterans and certain family members can get a policy from USAA.
- At $770 per year, Allstate has the cheapest average rate for new homes.
Best cheap home insurance in Wyoming by dwelling amount
$200,000
$350,000
$500,000
$1 million
Company | Annual rate | ||
|---|---|---|---|
| State Farm | 3.0 out of 5 | $1,038 | |
| Farmers | 2.0 out of 5 | $1,429 | |
| Allstate | 2.0 out of 5 | $1,588 | |
| USAA | 4.5 out of 5 | $1,076 | |
Stars in this table represent ratings specific to home insurance. USAA is only available to military members, veterans and some of their family members.
Key takeaways
- State Farm and USAA are generally the cheapest home insurance companies in Wyoming.
- Allstate and Farmers tend to have more expensive rates.
- If you live in Wyoming, you should make sure you have coverage for wind, hail and fire damage.
Best home insurance in Wyoming for most people: State Farm
-
Annual cost$1,870Average rate for a $350,000 home
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Monthly cost$156Average rate for a $350,000 home
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Customer complaints Average
State Farm has cheap rates for most people, plus local agents to help guide your coverage choices.
How much is State Farm insurance in Wyoming?
Dwelling coverage limit | Annual rate | % from state avg. |
|---|---|---|
| $200,000 | $1,038 | 19% cheaper |
| $350,000 | $1,870 | 11% cheaper |
| $500,000 | $2,767 | 8% cheaper |
| $1 million | $3,974 | 27% cheaper |
State Farm also offers farm and ranch coverage, which could be an important option for some Wyoming homeowners. These policies often blend home insurance with elements of business insurance, because you both live and work on your property. They also include extra coverage for things like crops and livestock.
One of the biggest benefits of State Farm is its local agents. If you're not sure what kind or how much coverage you need, working with a local agent can be helpful. State Farm has local agents in 27 Wyoming cities.
Best home insurance in Wyoming for new homes: Allstate
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Annual cost$2,598Average rate for a $350,000 home
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Monthly cost$217Average rate for a $350,000 home
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Customer complaints High
Allstate charges an average of $770 per year for insurance on a new house. That's 26% cheaper than the state average of $1,043 per year.
How much is home insurance in Wyoming for new houses?
Company | Annual rate | ||
|---|---|---|---|
| Allstate | 2.0 out of 5 | $770 | |
| State Farm | 3.0 out of 5 | $1,146 | |
| Farmers | 2.0 out of 5 | $1,581 | |
| USAA | 4.5 out of 5 | $674 | |
Stars in this table represent ratings specific to home insurance.
Additionally, Allstate has good coverage options and discounts. You can add coverage for identity theft, musical instruments and sports equipment. And you might be able to get a cheaper rate by being a new homebuyer, getting a quote before your old policy expires, and having home features that protect against wind damage, such as wind-resistant shingles.
Best Wyoming home insurance for military members: USAA
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Annual cost$1,465Average rate for a $350,000 home
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Monthly cost$122Average rate for a $350,000 home
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Customer complaints Low
USAA's combination of very cheap rates and excellent customer service make it the best choice for military members.
On average, a policy from USAA costs $1,465 per year for $350,000 in dwelling coverage. That's 30% lower than the state average.
Plus, USAA has excellent customer service. The company gets about half as many complaints as an average company its size, according to the National Association of Insurance Commissioners (NAIC). And USAA routinely scores very highly in J.D. Power's surveys, although it doesn't technically qualify for ranking because not everyone can get it.
This all means that USAA's customers are likely very happy with their policies and the service they get from USAA.
Additionally, USAA offers some coverage options specifically tailored for military life. A home insurance policy with USAA covers military gear that you own, for example. That includes uniforms, insignia and body armor. Plus, you won't have to pay a deductible if you file a claim for damage to those items.
What are the best home insurance companies in Wyoming?
USAA has the best home insurance in Wyoming because of its great customer service and low rates.
USAA has very few customer complaints compared to other companies its size, according to the National Association of Insurance Commissioners (NAIC). USAA also consistently earns high scores from J.D. Power, although the company doesn't qualify for official ranking because it's only available to people affiliated with the military.
State Farm is a good choice for homeowners who can't get USAA. It has cheap rates, although customer satisfaction with State Farm is trending down.
Company |
Rating
|
Complaints
|
|---|---|---|
| USAA | 4.5 out of 5 | Low |
| State Farm | 3.0 out of 5 | Average |
| Farmers | 2.0 out of 5 | Average |
| Allstate | 2.0 out of 5 | High |
Stars in this table represent ratings specific to home insurance.
What's the average cost of home insurance in Wyoming?
Wyoming home insurance costs an average of $2,101 per year for $350,000 in dwelling coverage.
That's about 12% less than the national average of $2,395. That's likely because Wyoming experiences fewer natural disasters than other states.
Average cost of home insurance in WY
Dwelling coverage | Average rate |
|---|---|
| $200,000 | $1,283 |
| $350,000 | $2,101 |
| $500,000 | $3,006 |
| $1,000,000 | $5,408 |
Wyoming generally has cheap rates compared to the states around it. For example, in Nebraska, home insurance costs an average of $4,956 per year, on average. That's the second-highest rate in the nation. And in Colorado, a home insurance policy costs an average of $4,310 per year.
The only states that border Wyoming and have lower average rates are Idaho and Utah. In Idaho, a policy with $350,000 in dwelling coverage costs an average of $1,759 per year, and the same policy costs an average of $1,656 per year in Utah.
Wyoming home insurance rates by city
In Cheyenne, Wyoming's capital and biggest city, home insurance costs $2,702 per year, on average.
That's about 30% more than the state average. Cheyenne is in the southeast corner of Wyoming, which tends to have the highest rates in the state because of the area's high risk of wildfires.
Bedford, a small town in western Wyoming near Bridger-Teton National Forest, has the cheapest rates in the state. On average, home insurance in Bedford costs $1,660 per year. The most expensive city in the state is Carpenter, a small community to the southeast of Cheyenne. Home insurance in Carpenter costs an average of $2,926 per year.
Find Cheap Home Insurance Quotes in Wyoming
Cost of Wyoming home insurance by city
City | Average rate | Cheapest company | Cheapest rate |
|---|---|---|---|
| Afton | $1,697 | State Farm | $1,183 |
| Aladdin | $2,580 | Farmers | $2,572 |
| Albin | $2,749 | Farmers | $2,909 |
| Alcova | $2,719 | Farmers | $2,909 |
| Alpine | $1,697 | State Farm | $1,183 |
| Alta | $1,713 | State Farm | $1,183 |
| Alva | $2,396 | Farmers | $2,572 |
| Antelope Valley-Crestview | $2,445 | State Farm | $2,215 |
| Arapahoe | $1,749 | State Farm | $1,467 |
| Arminto | $2,322 | Allstate | $2,371 |
| Arvada | $2,314 | State Farm | $1,997 |
| Auburn | $1,839 | State Farm | $1,751 |
| Baggs | $1,776 | State Farm | $1,302 |
| Bairoil | $1,783 | State Farm | $1,183 |
| Banner | $2,314 | State Farm | $1,997 |
| Bar Nunn | $2,331 | State Farm | $2,400 |
| Basin | $1,809 | State Farm | $1,183 |
| Bedford | $1,660 | State Farm | $1,183 |
| Beulah | $2,580 | Farmers | $2,572 |
| Big Horn | $2,334 | State Farm | $1,997 |
| Big Piney | $1,660 | State Farm | $1,183 |
| Bondurant | $1,802 | State Farm | $1,751 |
| Bosler | $2,146 | State Farm | $1,791 |
| Boulder | $1,802 | State Farm | $1,751 |
| Buffalo | $2,324 | State Farm | $2,215 |
| Buford | $2,146 | State Farm | $1,791 |
| Burlington | $1,988 | State Farm | $1,751 |
| Burns | $2,702 | State Farm | $2,727 |
| Byron | $2,115 | State Farm | $1,302 |
| Carpenter | $2,926 | Farmers | $2,909 |
| Casper | $2,423 | State Farm | $2,400 |
| Centennial | $2,031 | State Farm | $1,332 |
| Cheyenne | $2,702 | State Farm | $2,727 |
| Chugwater | $2,398 | Farmers | $2,572 |
| Clearmont | $2,314 | State Farm | $1,997 |
| Cody | $1,779 | State Farm | $1,183 |
| Cokeville | $1,660 | State Farm | $1,183 |
| Cora | $1,802 | State Farm | $1,751 |
| Cowley | $2,115 | State Farm | $1,302 |
| Crowheart | $2,048 | State Farm | $1,751 |
| Daniel | $1,802 | State Farm | $1,751 |
| Dayton | $2,153 | State Farm | $1,350 |
| Deaver | $1,988 | State Farm | $1,751 |
| Devils Tower | $2,396 | Farmers | $2,572 |
| Diamondville | $1,660 | State Farm | $1,183 |
| Dixon | $1,888 | State Farm | $1,751 |
| Douglas | $2,184 | State Farm | $1,807 |
| Dubois | $1,906 | State Farm | $1,183 |
| Edgerton | $2,230 | Allstate | $2,002 |
| Elk Mountain | $1,746 | State Farm | $1,183 |
| Emblem | $2,197 | State Farm | $1,751 |
| Encampment | $1,746 | State Farm | $1,183 |
Rates are for a policy with $350,000 of dwelling coverage.
What homeowners insurance do I need in Wyoming
Wildfires, high winds and hail can all damage Wyoming homes. Home insurance normally covers these types of damage, but you might need a separate fire insurance policy if your home is in a high-risk area.
Does Wyoming homeowners insurance cover wildfire damage?
Most basic homeowners insurance policies cover fire damage, which includes wildfires.
However, if you live in a particularly high-risk area, such as the area around Cheyenne, you may need a separate fire insurance policy.
There are more than 16,000 homes in Wyoming that have a moderate or high risk for wildfire damage, according to Cotality. If all those homes were destroyed, it would cost $5.7 billion to rebuild them.
Does Wyoming homeowners insurance cover wind damage?
Standard home insurance policies usually cover damage caused by wind, including tornadoes. If you file a claim, you may have to pay a wind/hail deductible. This separate deductible is usually higher than your baseline deductible and is sometimes a percentage of your dwelling amount, like 1% or 5%.
You may also get less money from a claim if your home isn't in good condition. That's because your insurance company will likely pay you for the depreciated value of your home's damaged roof, for example, versus the full replacement value. This is called "actual cash value coverage." Replacement cost coverage is usually more expensive but gives you much better coverage.
Windstorms caused $688,000 in damage in Wyoming in 2025, according to the National Oceanic and Atmospheric Administration (NOAA). It's not as windy as some states, but high winds can still cause damage.
Does Wyoming insurance pay for hail damage?
Homeowners insurance typically covers hail damage.
But just like with wind damage, you may have a separate wind/hail deductible. And if your home's roof and siding aren't in good shape, you might not get the full replacement cost out of a claim.
Wyoming recorded 106 hailstorms in 2025 that caused about $1 million in damage, according to the National Oceanic and Atmospheric Administration (NOAA). Hail commonly damages your home's roof and siding.
How to save on Wyoming home insurance
To get the cheapest Wyoming home insurance, you should first decide how much and what kinds of coverage you need. Then, shop around and compare quotes from at least three companies. But price isn't everything. It's a good idea to research customer satisfaction too, so you pick a company who handles your claims well.
Home insurance policies almost always come with the same standard coverages, such as coverage for your house and belongings. Most companies also offer extras that help you personalize your policy. These can be great if you need them but they do come at a cost. Make sure you're only buying the add-ons that you actually need. | |
Home insurance companies all charge different rates. Shopping around can save you hundreds or even a thousand dollars or more each year. Just make sure you compare the coverage, too. If one company is more expensive but has the coverage you need, it might still be the better option. | |
Picking a cheap home insurance company is a priority for most people, but it shouldn't be the only thing you focus on. Choosing a company with good customer service can make a huge difference if you have to file a claim. ValuePenguin's editor ratings are a great place to start. You can also look at complaint info from the National Association of Insurance Commissioners (NAIC) and J.D. Power's surveys. |
Frequently asked questions
Is home insurance expensive in Wyoming?
No, home insurance in Wyoming isn't expensive. The average rate in the state is $2,101 per year which is about 12% less than the national average rate. That's probably because Wyoming experiences fewer natural disasters compared to some states.
What's the cheapest home insurance in Wyoming?
State Farm sells the cheapest home insurance in Wyoming for most people. A State Farm policy costs $1,870 per year for $350,000 in dwelling coverage. USAA has cheaper rates, but it's only an option if you're a member of the military, a veteran, or the child or spouse of a military member.
Is homeowners insurance required in Wyoming?
No, Wyoming doesn't require you to get home insurance. However, if you have a mortgage, your bank or lender will likely require you to get a policy. If your home is paid off, you can technically skip coverage, but it's not a good idea for most people. Without insurance, you have to pay to repair or rebuild your home yourself after it's damaged.
Methodology
To find the best homeowners insurance in Wyoming, ValuePenguin gathered quotes from four of the top companies in 182 residential ZIP codes in the state. All quotes are for a 45-year-old married man with no home insurance claims. The home used in the quotes is 48 years old and has 2,285 square feet, which represents the average home in Wyoming.
The quotes are for policies with the following coverage limits:
- Dwelling coverage: $200,000, $350,000, $500,000 or $1 million
- Personal liability: $100,000
- Medical payments: $1,000
- Deductible: $1,000
All rates are from Quadrant Information Services, which uses public insurance rate filings as its source. All rates are for comparison purposes only. Your quotes will be different and based on your unique circumstances.
ValuePenguin's star ratings use an analysis of each company's rates, coverage options, discounts, unique features and customer service. Service info includes complaint data from the National Association of Insurance Commissioners (NAIC) and scores from J.D. Power's home insurance customer satisfaction and claims satisfaction surveys.
Sources:
About the Author
Senior Writer
Cate Deventer is a Senior Writer who specializes in health insurance, Medicare, auto and home insurance. She's been a licensed insurance agent since 2011.
She started her insurance career working as a customer service agent for State Farm. She later moved to an independent agency, where she worked with several insurance companies and hundreds of clients. She quoted policies, filed claims and answered insurance questions. In 2021, she pivoted her career and began writing about insurance for Bankrate. She moved to ValuePenguin in 2023 and began writing about health insurance and Medicare.
Cate has a passion for helping readers choose insurance to fit their needs. She enjoys knowing that her research and knowledge help people choose insurance products that make a positive difference in their lives.
How insurance helped Cate
Cate used her health insurance knowledge to navigate a surgery in 2023. Understanding how her policy worked let her focus on recovery instead of worrying about bills.
Expertise
- Health insurance
- Medicare & Medicaid
- Auto insurance
- Home insurance
- Life insurance
Credentials
- Licensed Life, Accident & Health Insurance Agent
- Licensed Property & Casualty Insurance Agent
Referenced by
- CBS
- NBC
- Wall Street Journal
Education
- BA, Theatre, Purdue University
- BA, English, Indiana University
Editorial Note: The content of this article is based on the author's opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any of our network partners.
