3 Reasons for Using a Broker/Agent vs Going Directly to an Insurance Carrier in Wyoming
When it comes to Laramie insurance, there are multiple options available to consumers. One of the most important decisions one can make is whether to go directly to an insurance carrier or use a broker/agent. Here are three reasons why using a broker/agent may be the better choice:
Laramie brokers/agents are knowledgeable about Wyoming-specific laws and regulations - Wyoming has unique insurance laws and regulations that vary from other states, so working with a local broker/agent who understands these nuances is key for making sure you're getting the best coverage for your needs.
Laramie brokers/agents have access to more companies - Working with an independent agent gives you access to multiple carriers in Wyoming, which means you're more likely to find the right policy for your needs.
Brokers/agents can provide personalized advice - A broker/agent is a trusted advisor who will take the time to understand your individual situation and provide you with tailored advice that takes into account Wyoming-specific factors, such as local risk exposures.
Overall, using a broker or agent in Wyoming is often the better option when it comes to making sure you have the right coverage for your specific needs. An experienced Laramie insurance broker/agent understands Wyoming laws and regulations and has access to multiple carriers, allowing them to provide you with personalized advice that meets your unique needs. Make sure to consult an expert before choosing an insurance company!
4 Reasons Insurance Companies Declare Vehicles Totaled in Wyoming
When Laramie residents suffer a total loss vehicle accident, they may be left wondering why their insurance company declared the vehicle totaled instead of repairing it. Wyoming is known for its harsh winter weather and rugged roads, both of which can contribute to car accidents that result in severe damage. Here are four reasons an insurance company might declare a Wyoming vehicle totaled following an accident:
The Cost of Repair Is Greater Than the Vehicle's Value: Often times, Wyoming residents end up with very expensive repair bills due to the age or condition of the car. If the cost of repairs exceeds the value of the vehicle, then it makes more financial sense for the insurance company to declare it as a total loss than pay for costly repairs.
The Vehicle Cannot Pass Wyoming Safety Inspections: Wyoming requires all cars to pass an annual safety inspection in order to remain on the road. If a vehicle sustained too much damage during an accident, it may not be able to pass these rigorous inspections and therefore must be declared as a total loss.
The Vehicle Is Unsafe To Drive: Even if the car is repairable, Wyoming insurance companies will usually declare it totaled if they believe that the vehicle is unsafe for drivers and passengers once repaired. This could include structural issues or parts that are difficult or impossible to replace.
The Vehicle Has been Salvaged by Wyoming Law: Wyoming law has strict requirements in regards to salvaging a vehicle after it has been declared a total loss. Wyoming law requires that all salvaged vehicles receive a special title marking them as “salvage” and be disclosed to potential buyers before any transaction is completed. Insurance companies must follow this law when declaring Wyoming cars totaled.
4 Things to Know Before Going to an Auto Body Shop in Wyoming
Wyoming is known for its spectacular views and fun outdoor activities. But when it comes to car repairs, Wyoming can be a tricky place. Here are four things you should know before going to an auto body shop in Wyoming:
Wyoming has specific laws and regulations concerning the use of certain types of paints and thinners. Make sure that your chosen auto body shop is up-to-date on all applicable local laws and regulations before beginning any repair work.
Wyoming's weather can be unpredictable, so it's important to make sure your chosen Laramie auto body shop is equipped with the proper tools, materials, and techniques required to successfully complete repairs in any type of weather condition.
Laramie auto body shops may have different certification requirements for their employees depending on the type of repair being completed. Do your research to make sure that the shop you choose is staffed by certified technicians who are knowledgeable and experienced in Wyoming auto laws and regulations.
Wyoming has a variety of roads, from highways to mountain passes, so it's important to find an auto body shop that can accommodate all types of vehicles and terrain. Ask questions about the Laramie shop's experience with off-road vehicle repairs or other specialized services, so you know your car will be in good hands.
4 Steps of Insurance Claims Process After an Accident in Wyoming
Step 1: Notify Your Wyoming Insurance Provider - Immediately after an accident, you should notify your Wyoming insurance provider. This can be done by phone or email. Be sure to provide information such as the time, location, and any other relevant details of the accident.
Step 2: Obtain a Wyoming Police Report - If an accident occurs in Laramie, it is important to obtain a police report from the Wyoming law enforcement at the scene of the accident. The police report will contain vital information regarding who was at fault and what happened during the incident.
Step 3: Complete Wyoming Accident Claim Forms - After notifying your Wyoming insurance provider and obtaining a Wyoming police report, you may need to complete claims forms. The Wyoming insurance provider will provide you with the necessary paperwork and help guide you through the process of filing a claim.
Step 4: Receive Payment from Wyoming Insurance Provider - Once all the necessary paperwork has been completed and submitted, your Wyoming insurance provider will review the information and determine if and how much compensation you should receive for your damages. If approved for payment, Wyoming insurance providers typically send out payment within 30 days.
20 Most Expensive Automobiles to Insure in Wyoming
Wyoming is known for its wide-open spaces and stunning natural beauty, but owning an automobile in Wyoming can be expensive. Not only are Wyoming drivers subject to the second highest average car insurance premiums in the United States, but Wyoming also has some of the most expensive automobiles to insure. From luxury cars like Porsche and Ferrari to everyday vehicles like the Ford F-150, these are the twenty most expensive vehicles to insure in Wyoming.
Porsche Panamera Turbo - Annual Premium: $2,353
Mercedes Benz S550 4Matic - Annual Premium: $2,324
Wyoming, known for its vast open plains and stunning natural beauty, is also home to some of the cheapest vehicles to insure. While Wyoming's insurance rates remain lower than most other states in the United States, it still pays to know which cars are the least expensive to insure. Here we have compiled a list of 20 of the least expensive vehicles you can purchase if you live in Wyoming. From affordable sedans like the Volkswagen Jetta TDI to luxury SUVs such as the Lexus RX 350, this list offers something for everyone who wants to save big on car insurance premiums. Whether you're looking for an economical commuter or a luxurious SUV, this guide will help you find a great deal on auto insurance in Wyoming.
Volkswagen Jetta TDI
Toyota Corolla LE
Honda Civic LX
Subaru Outback 2.5i Premium
Chevrolet Cruze LS
Nissan Sentra S
Ford Focus SE Hatchback
Mazda 3 Sport
Hyundai Elantra GLS
Kia Soul Exclaim!
Audi A4 Quattro Sedan AWD
BMW X3 xDrive28i SUV AWD
Lexus RX 350 FWD
Mercedes-Benz C-Class C300 Sedan 4MATIC
Infiniti Q50 3.7 Sedan
Porsche Cayenne Base SUV AWD
Volvo XC60 T5 FWD
Jeep Wrangler Unlimited Sport SUV 4x4
Toyota Tacoma SR 4x2 Access Cab
Honda Odyssey EX-L Mini Van FWD
4 Benefits of Adding a College Student to Your Auto Insurance Plan
If you're a Laramie resident and have a college student living in your household, you may want to consider adding them to your auto insurance plan. Adding a college student to your auto policy can offer several benefits for Wyoming drivers, including:
Lower Premiums - In Laramie, adding a college student over the age of 18 to an existing auto policy could result in lower premiums than if the student has their own separate policy. This is due to the fact that insurers factor in age, grade point average (GPA), location, driving history, and other factors when calculating rates; by leveraging the collective data from having both drivers on one policy, it could result in lower overall costs for Wyoming families.
Easier Process - Laramie drivers can also save time and hassle by having one policy to manage, rather than two separate policies for each family member. This makes it easier to keep up with payments and any changes that might come up during the policy period.
Discounts For Good Grades - Wyoming auto insurers may offer discounts for college students if they're maintaining a high GPA or taking certain courses related to safety or driver instruction. This could result in savings on premiums over time, giving Wyoming drivers an incentive to promote academic excellence in their households.
Greater Protection - Having a college student added to an existing Wyoming auto policy also provides greater protection from financial risk, as both individuals are covered under the same policy. This can help Wyoming families stay safe on the roads and ensure that any claims that may come up during their policy period are taken care of quickly and efficiently.
Cost of Car Insurance in 6 Different Age Groups in Wyoming
Car insurance rates can vary significantly based on a driver's age and Laramie is no exception. In Wyoming, car insurance costs are higher for drivers who are younger than 25, while drivers over the age of 65 tend to have lower premiums. Here we take a look at how much Wyoming residents in six different age groups pay for car insurance annually.
Drivers aged 18-24 pay the highest rates when it comes to Wyoming car insurance. On average, Wyoming residents aged 18-24 pay $7,103 per year for car insurance coverage — nearly three times as much as Wyoming drivers between the ages of 45 and 54 ($2,501).
Wyoming drivers aged 25-34 can also expect to pay higher rates for auto insurance, with the average annual cost coming in at $3,670. Wyoming residents aged 35-44 pay slightly less than their younger counterparts — an average of $2,965 per year.
As Wyoming drivers continue to age, they can expect to pay lower and lower premiums for car insurance coverage. Drivers between the ages of 45 and 54 spend an average of $2,501 annually on car insurance while Wyoming drivers between the ages of 55-64 spend an average of just $1,921 per year. Wyoming drivers who are 65 years or older have the lowest annual car insurance costs in Wyoming — an average of only $1,323 per year.
5 Driving Violations That Require High Risk Insurance in Wyoming
Driving in Wyoming can be dangerous, so it's important to have adequate coverage in case of an accident. If you've been convicted of certain driving violations, Wyoming law requires that you carry high risk insurance. Here are five common driving violations that require such coverage:
Driving Under the Influence (DUI) - Wyoming law holds those who drive while intoxicated to a higher standard and carries stiff penalties for conviction. Those convicted of DUI must carry high risk insurance before they are allowed back on the road.
Driving with a Suspended License - Drivers caught operating their vehicle after their license has been suspended or revoked will be required to obtain high risk insurance before regaining their license privileges.
Reckless Driving - Wyoming considers any violation of traffic laws that puts the safety of others at risk as reckless driving. Conviction for this offense requires high risk insurance before reinstatement of license privileges.
Excessive Speeding - Wyoming enforces a strict speed limit in order to keep its roads safe. Drivers caught exceeding these limits can be charged with excessive speeding, which will require them to obtain high risk insurance before their license is reinstated.
Fleeing or Attempting to Elude Law Enforcement - If you are caught attempting to flee from law enforcement officers in Wyoming, you may be required to carry high risk insurance before your license is reinstated after conviction.
Top 8 Car Insurance Companies by Least to Most Expensive in Wyoming
When looking for car insurance in Laramie, it's important to know the best options and what companies offer the most competitive rates. To help you decide, we've compiled a list of Wyoming's top 8 car insurance companies from least to most expensive.
GEICO is Wyoming's least expensive car insurance company, with an average rate of $817 per year. They offer discounts for military service members and many other perks such as accident forgiveness and roadside assistance.
State Farm has an average annual premium of $906 in Wyoming and provides good coverage options along with 24/7 customer service and helpful online tools.
USAA is the third cheapest provider in Wyoming, with an average annual rate of $957. USAA offers excellent customer service and is available to active military members and veterans as well as their families.
Farmers Insurance has an average Wyoming premium of $1,063 per year and provides customizable coverage options with competitive discounts for safe drivers and multi-policy holders.
Liberty Mutual has Wyoming's fifth cheapest car insurance rates, averaging around $1,083 each year. They offer many additional benefits such as accident forgiveness and a 24/7 claims service.
Progressive is Wyoming's sixth least expensive car insurance company with an average annual premium of $1,130. They provide discounts for good drivers and flexible payment plans.
Allstate's Wyoming rates are slightly more expensive, averaging around $1,355 each year. They offer competitive discounts for safe drivers and those who purchase multiple policies.
American Family is Wyoming's most expensive car insurance company, with an average rate of $1,639 per year. They offer many customizable coverage options as well as 24-hour customer service and an online claims center.
5 Different Auto Insurance Discounts in Wyoming
Auto insurance discounts can save Laramie drivers money on their monthly premiums. Wyoming drivers might be eligible for a variety of discounts, including those based on vehicle safety features, driver behavior and age. Here are five common auto insurance discounts available in Wyoming:
Safety Equipment Discount - Laramie drivers who have installed certain safety equipment, such as air bags or anti-lock brakes in their vehicles, may qualify for a discount from their auto insurer.
Good Driver Discount - Drivers with a clean driving record may receive a discount from insurers that reward safe drivers with lower rates.
Multi-Car Discount - Laramie drivers who insure more than one vehicle through the same insurer often qualify for a discounted rate.
Low Mileage Discount - Wyoming drivers who drive fewer miles than the average may be eligible for a discount from certain insurers.
Age-Based Discounts - Many Wyoming auto insurance companies offer discounts to drivers under 25 and over 55, as these groups are less likely to be involved in accidents.
4 Auto Theft Statistics in Wyoming
Wyoming may not have the highest population density, but that doesn't mean it's exempt from motor vehicle theft. In Wyoming, a total of 895 vehicles were stolen in 2019 alone. To help Wyoming residents protect their property, here are four auto theft statistics to be aware of:
Wyoming ranked at number 45 out of all 50 states for its rate of motor vehicle thefts per 100,000 people in 2019.
The most common car stolen in Wyoming was the Ford F-250 Super Duty truck.
Wyoming had a recovery rate of 83% for stolen vehicles as reported by police in 2019.
While Wyoming has seen an overall decrease in auto thefts since 2006, there was an increase of 6.3% from 2018 to 2019.
4 Benefits of Traffic School or Defensive Driving Classes in Wyoming
Traffic school or defensive driving classes are a great way for Laramie drivers to brush up on their driving knowledge and potentially receive benefits from completing the course. Here are four benefits of taking traffic school or defensive driving courses in Wyoming:
Improve Your Driving Skills: Traffic school and defensive driving courses offer Wyoming drivers an opportunity to review important safety information and brushing up on their current driving skills. The courses cover topics such as proper signaling, speed limits, following distance, alcohol awareness, and distracted or drowsy driving. These comprehensive lessons can provide Wyoming drivers with invaluable information that will help keep them safe while they're behind the wheel.
Avoid Points on Your License: Under Wyoming law, if you're ticketed for a traffic violation, you may be able to avoid having points added to your license by attending an approved Wyoming traffic school or defensive driving course. This can help you keep your driving record clean and avoid potential increases in insurance premiums.
Lower Insurance Premiums: Many Wyoming auto insurance companies offer discounts to Laramie drivers who complete an approved traffic safety class or defensive driving program. Taking the course will not only make Wyoming drivers more aware of their own responsibilities as motorists but could also lead to cost savings on their auto insurance premiums.
Reducing Traffic Fines: Some Wyoming courts may allow drivers who take a state-approved traffic safety or defensive driving course to reduce fines associated with certain traffic violations. This can be a great way for Wyoming drivers to potentially reduce the impact of their traffic violations on their finances.
15 Interesting Driving Statistics in Wyoming
Wyoming is known for its stunning scenic beauty, wildlife and wide-open spaces. The state of Wyoming is the tenth largest in the United States, with a population of 579,315 people (as of 2020). As such, Wyoming has its fair share of drivers and traffic on the roads. Here are 15 interesting driving statistics about Wyoming:
Wyoming has 28,632 miles of public roadway throughout the state.
Wyoming ranks 33rd in the U.S. for number of licensed drivers per capita at 646 per 1,000 residents.
Wyoming ranked 10th in overall highway safety according to WalletHub's Best & Worst states when it comes to road safety studies in 2019.
Wyoming is ranked 8th in the nation for lowest number of fatalities per 100 million vehicle miles traveled at 0.91.
Wyoming has an average annual expenditure of $1,249 per driver on automobile insurance premiums, which is less than the national average of $1,548.
Wyoming does not have a mandatory helmet law for motorcyclists and only requires helmets for riders under age 18.
Wyoming drivers pay an average of 22 cents per gallon in gasoline taxes, which ranks 28th among the states in terms of gas taxation according to the American Petroleum Institute (API).
Wyoming's seat belt usage rate is 79%, slightly lower than the national average of 88% and Wyoming is one of the few states that does not have a primary enforcement law for seat belt usage.
Wyoming is one of only 15 states with an open container law in vehicles, which prohibits any person from knowingly transporting an open container containing alcoholic beverages while driving on Wyoming's roadways.
Wyoming has seen a reduction in DUI fatalities since 1981, with 2017 seeing the lowest number ever recorded at just 8 traffic fatalities due to DUI offenders.
Wyoming ranks 3rd in the nation for lowest number of teen drivers age 16-19 killed per 100 million miles traveled at 0.26 (only Vermont and Maine rank lower).
Wyoming reported 6,637 crashes in 2018, a slight decrease from 2017's 6,738 reported incidents.
Wyoming ranks 14th for most dangerous roads according to SafeWise's 2019 report with 4 fatal accidents per 100 miles of roadway and 13.3 fatalities per 100,000 residents (the national average is 11.4).
Wyoming has the 10th lowest speed limit in the nation at 65 mph on rural highways, with only 8 states having lower speed limits than Wyoming's maximum speed zone acceleration.
Wyoming also ranks 3rd in terms of fewest deaths due to distracted driving at just 2 out of 46 total traffic fatalities that occurred in 2018. With fewer distractions while driving and some of the lowest speed limits in the nation, Wyoming is a great state to travel through and enjoy its scenic beauty.
Car Insurance by Marital Status in Wyoming
Wyoming is a great place to live with its stunning natural beauty and incredible outdoor recreation. When it comes to car insurance, Wyoming residents also have some of the lowest rates in the country. Whether you are single, married, divorced or widowed, Wyoming law requires that all drivers carry at least minimum liability coverage. However, how much your car insurance premiums will cost may be affected by your marital status.
Single Drivers: Single individuals generally tend to pay slightly higher rates than married couples due to their lack of shared responsibility and resources. This can especially be true if they are younger drivers and/or don't have a long driving history.
Married Couples: Wyoming recognizes common-law marriages in addition to traditional marriage. Married couples usually have lower car insurance premiums than single drivers because they are seen as more financially responsible and less likely to file a claim.
Divorcees: Wyoming recognizes common law spouses who have been living together for at least three years, or those who had an official ceremony and filed paperwork with the state. Divorced individuals will still pay slightly higher rates than married couples due to their lack of shared resources and responsibility, but their rates may be lower than if they were single.
Widows/Widowers: Widows and widowers may qualify for discounts on their car insurance depending on how long the deceased policyholder held their policy and other factors such as driving history. It's important to review your policy and speak with your insurance provider to determine if you qualify for any discounts.
Car Insurance by Gender in Wyoming
As with any other state, Wyoming has specific laws and regulations governing car insurance. The Wyoming Department of Insurance requires that all motorists carry liability coverage on their vehicles before they can drive legally within the state. Furthermore, gender is a major factor when it comes to determining car insurance premiums in Wyoming.
Typically, male drivers in Wyoming pay higher rates than female drivers due to factors such as age, driving experience, and driving record. According to data from the Insurance Information Institute (III), Wyoming's average premium for male drivers was $1,156 in 2019 compared to just $1,053 for female drivers—a difference of $103. This difference can be attributed to the fact that Wyoming's male drivers are more likely to engage in riskier driving behavior than their female counterparts.
When it comes to Wyoming car insurance, both genders must abide by the state's minimum liability requirements of $25,000 per person and $50,000 per accident for bodily injury liability and $20,000 for property damage liability. Wyoming also requires uninsured motorist coverage of at least $25,000 per person and $50,000 per accident. Though rates may vary from one insurer to another, Wyoming law dictates that they must treat all motorists fairly regardless of gender when setting premiums. As such, both genders can expect to pay roughly similar costs for Wyoming car insurance once factors like age and driving record are taken into consideration.
Regardless of gender, Laramie WY drivers should shop around for the best rates before signing up for coverage. Working with a licensed Wyoming auto insurance agent can make the process easier, as they can provide valuable advice and point you in the right direction. Additionally, taking steps to improve your safety on the road such as enrolling in defensive driving courses or maintaining a good driving record can also help you lower your premiums over time. By doing so, Laramie motorists of all genders can save money while still enjoying peace-of-mind protection while on the roads.
What is the average car insurance rate in Laramie Wyoming?
The average rate for Laramie is $1,419. Look for discounts to make this even more affordable.
What is the minimum coverage required in Laramie WY?
In Laramie Wyoming, your policy must have at least $25,000 of coverage for injuries per person, up to a total of $50,000 per accident, and $20,000 of coverage for property damage.
How much is car insurance typically for 2 vehicles in Laramie WY?
Average cost for two vehicles in Laramie is $3,704. This can of course vary greatly with liability only, full coverage, or SR-22 insurance.
How can I get cheap car insurance in Laramie WY?
To get low cost car insurance in Laramie, WY, simply fill out the form above and compare quotes then pick the best one.