What Used Cars Are the Cheapest to Insure in Wyoming?
Want to know the cheapest pre-owned vehicle to insure in Wyoming? We researched insurance quotes in the state to save you the effort!
This article covers insurance basics for the state of Wyoming and tips to save money on premiums. We also found the best insurance companies and answered frequently asked questions!
Wyoming Cheapest Used Cars to Insure
To find the cheapest car insurance in Wyoming, we used a basic driver profile and compared 45 vehicles from the 2021 production year. We put these through an insurance quote generator and found these three pre-owned vehicles to be the most affordable to insure in Wyoming.
1. 2021 XC40 by Volvo
The 2021 Volvo’s XC40 is the cheapest used car to insure in Wyoming. This four-door luxury SUV costs $86 per month for a full-coverage policy, less than the average full-coverage policy for the state at $107 monthly. A liability-only coverage for the Volvo XC40 is $29 monthly.
The Volvo XC40 is a Top Safety Pick+ award winner and averages 23 mpg in the city and 30 mpg on the highway.
2. 2021 Bronco Sport by Ford
The 2021 Ford Bronco Sport is the second cheapest car to insure in Wyoming. This four-door SUV is $92 a month for full coverage, less than the state average of $107 per month. Liability-only coverage for the Bronco Sport costs just $29 a month.
This Top Safety Pick+ award winner gets about 25 mpg in the city and 28 mpg on the highway.
3. 2021 CX-3 by Mazda
The 2021 Mazda CX-3 is the third cheapest used car to insure in Wyoming. This small crossover SUV costs cost $95 a month for a full-coverage policy, less than the state average of $107 per month. You’ll pay only $29 a month for liability-only coverage.
The CX-3 has a Top Safety Pick+ award and a five-star overall safety rating. It gets 26 mpg in the city and 33 mpg on the highway.
The 45 Cheapest Used Vehicles to Insure in Wyoming
We collected policy estimates for the 45 vehicles in the Insurance Institute for Highway Safety‘s (IIHS) 2021 Top Safety Pick+ list. All 45 cars are ranked by their full-coverage policy costs in ascending order below.
| Year | Make | Model | Full Coverage | Liability Only |
| 2021 | Volvo | XC40 | $86 | $37 |
| 2021 | Ford | Bronco Sport | $92 | $26 |
| 2021 | Mazda | CX-3 | $95 | $36 |
| 2021 | Honda | Insight | $97 | $41 |
| 2021 | Volvo | XC60 | $97 | $37 |
| 2021 | Mazda | CX-5 | $99 | $36 |
| 2021 | Mazda | CX-30 | $100 | $38 |
| 2021 | Nissan | Rogue | $102 | $37 |
| 2021 | Honda | Odyssey | $103 | $33 |
| 2022 | Hyundai | Tucson | $103 | $36 |
| 2021 | Chevrolet | Trailblazer | $106 | $40 |
| 2021 | Subaru | Forester | $106 | $31 |
| 2021 | Acura | RDX | $106 | $38 |
| 2021 | Subaru | Outback | $106 | $33 |
| 2022 | Hyundai | Santa Fe | $107 | $39 |
| 2021 | Chrysler | Pacifica | $111 | $38 |
| 2022 | Honda | Civic | $111 | $34 |
| 2021 | Volvo | XC90 | $111 | $28 |
| 2021 | Subaru | Legacy | $112 | $36 |
| 2021 | Toyota | Sienna | $112 | $40 |
| 2021 | Mazda | 3 | $113 | $40 |
| 2021 | Mazda | CX-9 | $113 | $31 |
| 2021 | Volkswagen | ID.4 | $116 | $37 |
| 2021 | Hyundai | Palisade | $117 | $40 |
| 2021 | Kia | K5 | $118 | $45 |
| 2021 | Nissan | Murano | $119 | $38 |
| 2021 | Toyota | Highlander | $120 | $39 |
| 2021 | Ford | Explorer | $122 | $42 |
| 2021 | Subaru | Ascent | $122 | $40 |
| 2021 | Toyota | Camry | $122 | $36 |
| 2022 | Mitsubishi | Outlander | $123 | $41 |
| 2021 | Lexus | NX | $123 | $38 |
| 2021 | Mazda | 6 | $123 | $36 |
| 2021 | Nissan | Altima | $124 | $41 |
| 2021 | Honda | Accord | $133 | $34 |
| 2021 | Acura | TLX | $138 | $50 |
| 2021 | Volvo | V60 | $150 | $45 |
| 2021 | Cadillac | XT6 | $153 | $49 |
| 2021 | Volvo | S60 | $155 | $39 |
| 2022 | Kia | Stinger | $163 | $44 |
| 2021 | Lexus | ES 350 | $167 | $39 |
| 2022 | Lexus | ES 350 | $175 | $38 |
| 2021 | Volvo | S90 | $178 | $35 |
| 2021 | Nissan | Maxima | $181 | $46 |
| 2021 | Volvo | V90 | $204 | $35 |
Full-Coverage vs. Liability Insurance Costs
Liability-only insurance coverage is cheaper than a full-coverage insurance policy. With liability-only insurance, you don’t have coverage on your car if it’s damaged in an accident, stolen, or vandalized.
Below are the annual average insurance rates for a full-coverage and liability-only policy in Wyoming.
|
Full-coverage policy |
Liability-only policy |
| $1,292 |
$358 |
The Best Wyoming Car Insurance Companies
The three best automobile insurance companies in Wyoming are Liberty Mutual, Nationwide, and State Farm.
We accessed EverQuote and the National Association of Insurance Commissioners (NAIC) to compare companies with more than 2% of the market share in the state. We didn’t include duplicate listings for the same company in the data.
Companies with lower market share-to-complaint ratios indicate fewer complaints and happier claimants. You can see all of the rankings below.
| Insurance Company | Market Share | Percent of Total Complaints | Complaint Index |
| Liberty Mutual | 6.77 | N/A | 0.67 |
| Nationwide | 2.67 | N/A | 0.74 |
| State Farm | 22.86 | N/A | 0.75 |
| USAA | 6.91 | N/A | 1.00 |
| Allstate Corp | 4.84 | N/A | 1.2 |
| Progressive | 14.29 | N/A | 1.33 |
| Berkshire Hathaway Inc./Geico | 8.75 | N/A | 2.04 |
| Farmers Insurance | 11.57 | N/A | 2.14 |
*Complaint Index column provides national data from the NAIC.
Tips to Lower Insurance Premiums in Wyoming
Drivers in Wyoming can follow these tips to maximize discounts and minimize insurance premiums:
- Shop around for lenders who offer the cheapest policies.
- Set higher deductibles.
- Bundle your insurance policies.
- Improve your credit score.
- Keep a good driving record.
Research Methodology
In order to find the most accurate information for cheap used car insurance in Wyoming, we used in-state addresses to secure the best data. Using this local information, as opposed to national averages, helps ensure the most relevant information for Wyoming policyholders.
We applied the Wyoming addresses and a basic driver profile to input the 45 vehicles listed above through an insurance generator.
Basic Driver Profile
- 35-year-old male with a bachelor’s degree
- Single and employed full time
- Homeowner but did not bundle policies
- Owns the vehicle rather than leases or finances it
- Has been with the current insurance carrier for five or more years
We used vehicles on the IIHS 2021 Top Safety Pick+ 2021 list. The IIHS is an independent, nonprofit organization that collects safety data for cars on the market.
We used the following limits for liability-only quotes:
- $100,000/$300,000 liability limits
- $100,000 property damage limits
- $10,000 personal injury protection
For the full coverage quotes, we included the following coverages with the liability selections:
- $1,000 deductible on collision coverage
- $1,000 deductible for comprehensive coverage
- $50/$1,500 rental reimbursement
- $100 roadside assistance
Frequently Asked Questions
What is the cheapest SUV to insure in Wyoming?
The Volvo XC40 is the cheapest SUV to insure in Wyoming. This small luxury SUV costs only $86 per month for a full-coverage policy.
Are older cars cheaper to insure?
In general, older cars are cheaper to insure. Cars lose value as they get older and become cheaper to replace than repair. However, your insurance rates will vary depending on the location in Wyoming, the make and model of the vehicle, and whether or not it’s considered a classic or rare car.
How much liability insurance is required in Wyoming?
Wyoming laws mandate that drivers carry at least the basic liability-only coverage. Your policy should have a minimum of $25,000 per person for bodily injury, up to $50,000 per accident, and $20,000 for property damage.
What is the penalty for driving without insurance in Wyoming?
To avoid penalties for driving without insurance, be sure to always carry proof of insurance in your vehicle. If you’re caught driving without at least the minimum requirements, the consequences may include the following:
- Filing an SR-22 form
- A fine of up to $750 for the first offense
- A payment of $500 to $1,500 for repeat offenses
- Suspension of your driver’s license
- Potential jail time
- Revocation of your license and vehicle registration
What is the basic insurance for a car?
Liability-only coverage is the most basic car insurance. This covers your financial responsibility to pay for damages during an at-fault accident. However, your leasing or financing company may require you to carry additional insurance, such as a comprehensive collision policy.
What car has the highest insurance rates?
Classic, rare, and luxury cars command the highest insurance premiums. In addition, vehicles with significant modifications may have increased insurance rates.
References
- (May 28, 2023). Average cost of car insurance in Wyoming for 2023. Bankrate. Retrieved May 26, 2023, from https://www.bankrate.com/insurance/car/average-cost-of-car-insurance-in-wyoming/
- (November 8, 2019). Largest Auto Insurance Companies in Wyoming. EverQuote. Retrieved May 5, 2023, from https://www.everquote.com/blog/car-insurance/largest-companies-wyoming/
- (2023). Consumer Insurance Search Results. National Association of Commissioners. Retrieved May 5, 2023, from https://content.naic.org/cis_refined_results.htm
- (2023). 2021 Top Safety Picks. IIHS. Retrieved May 4, 2023, from https://www.iihs.org/ratings/top-safety-picks/2021
- (2023). Are older cars cheaper to insure? Progressive. Retrieved May 5, 2023, from https://www.progressive.com/answers/are-older-cars-cheaper-to-insure/
- (March 3, 2023). What is SR-22 Insurance in Wyoming? WalletHub. Retrieved May 5, 2023, from https://wallethub.com/answers/ci/what-is-sr22-insurance-wyoming-2140699605/
- (March 17, 2023). Wyoming Minimum Car Insurance Requirements, Penalties, and Other Auto Insurance Laws. moneygeek. Retrieved May 5, 2023, from https://www.moneygeek.com/insurance/auto/state-laws-minimum-requirements-wyoming/
At FIXD, our mission is to make car ownership as simple, easy, and affordable as possible. Our research team utilizes the latest automotive data and insights to create tools and resources that help drivers get peace of mind and save money over the life of their car.
