Casper Homeowners Insurance

Your Complete Guide to Casper, WY, Homeowners Insurance

(How to choose the perfect policy and independent agent)

Casper Wyoming homeowners insurance

Known as "The Oil City," Casper, Wyoming, has a historical charm that dates back to the start of the oil boom. Its cowboy culture makes this town an exciting place to live. 

If you own a home in the 57,814 resident city, you'll want homeowners insurance. You can find proper protection through an independent insurance agent. Connect with a local agent in minutes.

Is Casper, WY, a Safe Place to Live?

Casper, Wyoming, has a higher burglary rate per 100,000 homes than the state and national averages. While the local crime impacts your insurance rates, you won't know your premiums until you get a quote. Let's take a look at the number of burglaries per 100,000 households:

  • National average - 376
  • Wyoming average - 264
  • Casper average - 561.9

It's important to keep in mind that everyone's home insurance costs will be different. Since several varying factors will affect your pricing, the way crime impacts your premiums is key. 

How local crime impacts your homeowners premiums:

  • Higher crime rate: The more crime in Casper, the less likely you will have lower insurance costs. The carriers use statistical data to determine how local crime may impact you and cause a claim to be reported.
  • Lower crime rate: If you live in a lower crime city, you'll notice that your insurance rates will positively reflect this. Since you're less inclined to have a claim related to crime, your premiums will be lower overall.

To know how Casper's crime rates will affect your homeowners insurance costs, connect with your independent agent. 

The Most Frequent Homeowners Insurance Claims in Casper, WY

When you have a property claim, the last thing you want to think about is how your insurance policy will respond. If you have adequate coverage, you should have protection for the area's catastrophes. Let's see what natural disasters occur most often in Casper, WY:

  • Fires
  • Floods
  • Mudslides
  • Storms

Casper hits all the severe weather risk factors. If your policy were written correctly, you would have coverage for all the above perils, excluding flood. Flood damage is only insured under a separate flood policy.

How Does Flood Insurance Work in Casper, WY?

Flood damage is in the top four most reported risks in Casper, WY. This makes having a flood insurance policy essential. Take a look at three easy steps to get flood insurance:

1.  Get your elevation certificate pulled to find which flood zone your home is in.

2. Have your independent agent quote with FEMA-approved carriers.

3. Obtain flood insurance from your independent agent.

When your home is damaged by flooding, just an inch of water can result in over $25,000 worth of costs. If you want to properly protect your home, make sure you have this necessary home insurance policy. Your local independent insurance agent can help quote flood coverage for your home today. 

Liability Insurance and Your Casper, WY, Home

Your homeowners policy has liability insurance as its primary coverage. It will help protect against a lawsuit arising out of bodily injury or property damage. 

Types of claims your liability insurance applies to:

  • Slander, libel, or bullying caused by you or a household member
  • Your animal injures someone else or causes property damage
  • Your tree branch falls onto your neighbor's car, causing damage

Another form of protection is an umbrella policy. Umbrella insurance is additional liability coverage above and beyond your underlying home policy. It will apply when you have a larger claim and have exhausted your primary policy limits. Contact your local independent agent to chat about liability insurance options.

The Cost of Casper, WY, Home Insurance

Homeowners insurance premiums are individualized to you and your home's specifications. Whether you own a million-dollar mansion or a mobile home, it's best not to compare rates to another party because they are so different. Let's take a look at the average home insurance premiums:

  • National average: $1,211
  • Wyoming average: $1,159

Wyoming comes in lower than the national average, which means your rates could fall above or below that number. The carriers look at several factors when determining your costs. 

Insurance companies use the following factors:

  • Local crime rates
  • Credit score
  • Insurance score
  • Loss history
  • Condition of the home
  • Square footage 
  • Year built and construction type 
  • Your address

The only way to know your exact home premium is to have your agent run quotes. Contact a Casper independent insurance agent and find out your cost today.

Connect with an Independent Agent in Casper, WY

To protect your largest investment, you'll need the right trusted adviser. An independent insurance agent can help you find the coverage your home needs. 

If you want a policy that fits your budget, an independent agent can shop rates with several carriers. Go to TrustedChoice.com to connect with a local agent today.

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