Popular Questions about Homeowners Insurance in Wyoming

The average American homeowner pays $1,211 per year for home insurance, but in the state of Wyoming, the average annual cost is slightly lower at $1,159. This can be attributed in part to the low risk of severe weather damage to homes in many parts of this state.

Having a solid homeowner insurance policy is vitally important because hazards like severe storms, fires, and burglaries can all cause expensive losses for Wyoming homeowners who are not insured.

Your home insurance gives you a backup plan if your home is impacted by a disaster. Whether it's a fire, an electrical storm, a windstorm, or a rash of burglaries, you can rest assured that you are covered when you have a suitable Wyoming homeowners insurance policy. 

Here are some of the things your home insurance policy can do to protect you:

  • Pay to Repair or Replace Your Home and Your Belongings
    • Example: A windstorm causes a tall tree in your yard to fall onto your house. It damages a structural wall as well as some of your personal property.
  • Pay for Someone Else's Injuries or Property Damage When It's Your Fault
    • ExampleYour neighbor’s child is severely injured why playing on the trampoline in your backyard.
  • Pay for Temporary Living Expenses When Your Home Is Damaged
    • Example: A tornado tears the roof off your house and renders is uninhabitable. You must stay in a hotel while the roof is replaced and other structural damage is repaired.

We can’t be 100% certain, but in 2019 alone, insurance companies paid out more than $132 million in home insurance claims just in the state of Wyoming. That's a lot of unfortunate events happening to Wyoming homeowners.

Insurance companies calculate your home insurance costs based, in part, on the likelihood that something bad will happen to your home or property. The more likely it is that a harmful event can damage your house, the more expensive your home insurance policy will be.

These potential disasters are called "risks” or “exposures.” Let’s take a look at how risky Wyoming is compared to the rest of the country.

Crime:

The good news is that the burglary rate in Wyoming is lower than the national average. Insurance companies will look at crime rates in your ZIP code when calculating your costs.

  • Average number of burglaries per 1,000 homes in WY: 2.64
  • Average number of burglaries per 1,000 homes in the US: 3.76

You can reduce your likelihood of being targeted by burglars by keeping your doors and windows securely locked, maintaining entryways that are well-lit and unobstructed from view, and installing a burglar alarm or home security system. Taking extra steps to safeguard your house can often result in reduced prices on your homeowners insurance rates.

Weather:

Damaging weather events, such as storms and torrential downpours, can wreak havoc on residential properties in this state. About every 15 years, the western half of this state is hit by gale-force winds, sometimes in excess of 120 mph. These storms can cause billions of dollars in destruction when they hit.

Be sure that your home insurance provides all the coverage you need to fully rebuild and replace your property before disaster strikes.

  • Number of federally declared disasters in WY since 1953:  37
  • Most common causes of disasters in the state:  Wildfires, floods, and severe storms
  • Average number of tornados per year in the state:  10.9
  • Amount paid in home insurance claims in 2016:  $132,496,000

Be aware that not all risks are covered by homeowners insurance. Floods and earthquakes need to be covered by supplemental policies. A local independent insurance agent can help you be certain that your property is covered against all its potential exposures.

Home Values:

The estimated cost to rebuild your home will play a large role in how much your home insurance costs. In Wyoming, the average home value is higher than the national average.

  • Average home value in WY: $214,300
  • Average home value in the US: $188,900

The size of your home can also affect your rates, because the bigger your house is, the more property you are likely to have inside. That is why contents insurance coverage amounts are typically calculated as a percentage of the home’s dwelling coverage.

When it comes to home insurance, there is no such thing as an insurance company that can be considered “best” for everyone. The policy that offers the best value to you and your family may not be the most ideal choice for your neighbor down the street.

That is why independent agents don’t just look at rates from one insurance company. These experienced agents compare policies and rates from multiple competing providers. That way, they can find you a reliable policy that meets all of your coverage needs at the most affordable price.

Let a local independent agent help you find the homeowners insurance policy that is best for you.

Yes! There are currently 27 independent insurance agents in the state of Wyoming who are ready to help.

Did you know that independent insurance agents can work with several different insurance providers to find you the best rate for coverage? That way, you can buy a policy that meets all your coverage needs at a price you can afford.

How does home insurance work?

Find the Best Insurance in Your City

How does your city measure up to the national average?

National average burglary rate 4.69 per 1,000 homes

National average home value $188,900

National average home insurance cost $1,173 year

CityAnnual insurance costBurglaries / 1,000 homesAvg. home value
Casper$329,9005.62$1,149
Cheyenne$299,7004.36$1,113
Cody$305,4861.51$1,065
Douglas$216,1270.78$1,040
Evanston$190,1770.93$811
Gillette$275,9772.71$1,027
Green River$244,5591.83$1,232
Jackson$656,7060.84$1,344
Lander$275,0001.59$971
Laramie$285,5001.35$1,065
Rawlins$157,8562.16$708
Riverton$187,3662.62$751
Rock Springs$220,6242.26$855
Sheridan$202,3552.18$862
Torrington$173,7821.79$721
  1. $93
  2. Cheyenne, WY Monthly average home insurance cost
  3. The average monthly cost of home insurance in Cheyenne is $93.
  4. Not all Cheyenne homeowners will pay the same as this average rate for their insurance coverage. Your monthly rate is based not only on the crime and weather risks in your ZIP code, but also on the size and value of your home, the building materials used in its construction, your claims history, and more.
  5. Residents of Cheyenne see a lot of hailstorms. When hailstones exceed one inch in diameter, they can damage roofs, siding, windows, and outdoor structures like sheds and carports. In July 2020, this city was hit by a damaging storm that included hailstones that measured as much as 2.5 inches in diameter. Fortunately, when you have a solid Cheyenne homeowners insurance policy, you can rest assured that your property can be returned to normal without you facing a large personal expense. 
  6. Consult a local independent insurance agent to learn more about how your homeowners insurance policy can shield you from financial losses caused by severe weather events in Cheyenne.


  1. $96
  2. Casper, WY Monthly average home insurance cost
  3. The average monthly cost of home insurance in Casper is $96.
  4. Your homeowners insurance is completely customized to details about your house and other considerations such as how many people live in it, its distance from a fire department, and the crime rate in the surrounding area. So your monthly premiums may be higher or lower than this average. Request quotes from a few competing insurance companies to find out how much a policy will cost you. 
  5. Casper has a very high crime rate when compared to the rest of the state and the nation overall. Residents of this small city report about 300 burglaries a year. It is therefore important that you take precautions like using deadbolt locks to help secure your home. Fortunately, your Casper homeowners insurance can cover you against property loss and damage to your house if you are the victim of a burglary. If you have installed a home security system, you may even qualify for a discount on your home insurance premiums.
  6. Talk to a local independent agent to learn more about this and other potential discounts for which you may be eligible.


  1. $89
  2. Laramie, WY Monthly average home insurance cost
  3. The average monthly cost of home insurance in Laramie is $89.
  4. Of course, what you will actually be expected to pay is likely to differ from this average amount. That's because your rate can be based on factors like the size of your home, the crime rate and weather risks in your ZIP code, the age of your roof, your claims history and credit rating, and more. 
  5. One of the most devastating things that can happen to a homeowner is a residential fire. In addition to severely damaging your house, a fire can lead to a total loss of your personal belongings, including furniture, clothes, electronics, and keepsakes. Fortunately, whether the fire is caused by an accident in your home or an out-of-control wildfire, your homeowners insurance has you covered. This insurance cannot bring back your irreplaceable items, but it can give you peace of mind in knowing you can afford to rebuild and replace as necessary.
  6. A local independent agent can help you make sure that the coverage levels in your Laramie homeowners insurance policy are high enough to fully cover all of your property against a total loss.


  1. $86
  2. Gillette, WY Monthly average home insurance cost
  3. The average monthly cost of home insurance in Gillette is $86.
  4. While everyone in your neighborhood may face the same crime and weather risks, there are many more variables in play when it comes to calculating home insurance rates. Your costs can also be based on factors like the size and value of your home, the age of your roof, your claims history, the amount of your deductible, and sometimes even your credit score. Your monthly rate for Gillette homeowners insurance may therefore be higher or lower than this average.
  5. Homeowners in Gillette have a significant risk of damage caused by floods. This is particularly true for property owners near Donkey Creek, but when heavy rains fall, flash flooding can happen just about anywhere in this city. FEMA estimates that as little as one inch of rainwater in your house can result is $25,000 in damage. However, flood damage is not covered by homeowners insurance. For this, you will need supplemental coverage with a flood insurance policy. Flood insurance takes 30 days to go into effect, so do not wait until heavy rains are imminent to purchase a policy.
  6. In addition to finding you the best and most affordable homeowners insurance policy, a local independent agent can help review your flood risk and can assist you with securing a reasonably priced flood insurance policy through the National Flood Insurance Program (NFIP).


  1. $71
  2. Rock Springs, WY Monthly average home insurance cost
  3. The average monthly cost of home insurance in Rock Springs is $71.
  4. Home insurance rates can vary significantly from one property owner to the next. Your actual rate will be based on factors like the size, value, and location of your home; the age of your roof; the materials used in your home’s construction; your claims history;  and in some cases even your credit score.
  5. One damaging risk faced by homeowners in Rocks Springs is earthquakes. While quakes are not a very frequent hazard, they have the potential to be very damaging when they occur. In 1995, this city was shaken by a 5.3 magnitude quake that had its epicenter just 22 miles from the Rock Springs city center. While it did not cause significant damage in the area, the risk always exists. Even a small crack in a structural wall can lead to severe damage. Be aware, however, that homeowners insurance excludes coverage for earthquakes. For that, you will need a supplementary earthquake insurance policy. A local independent insurance agent can show you how.
  6. Contact an insurance agent near you for help getting affordable coverage to fully insure your home and property, and for help making sure that your insurance coverage levels are high enough.