Insurance Costs in Cheyenne, WY
Auto insurance in Cheyenne averages $1,312 per year for full coverage, which is lower than the national average. Here is a detailed breakdown of what residents pay.
Updated July 2026Auto Insurance in Cheyenne, WY: What You Need to Know
Cheyenne residents pay an average of $1,312 per year for full coverage auto insurance, which is Near the Wyoming state average and 21.6% below the national average.
With a population of 65,132, Cheyenne is a growing city in Wyoming. Insurance rates here are typical for the state.
Coverage Level Comparison
| Coverage Type | Annual Cost | Monthly Cost |
|---|---|---|
| Full Coverage (100/300/100) | $1,312 | $109 |
| Standard Coverage (50/100/50) | $1,076 | $90 |
| State Minimum (25/50/20) | $551 | $46 |
Homeowners Insurance in Cheyenne, WY
The average cost of homeowners insurance in Cheyenne is $1,589 per year ($132/month), which is 12.7% below the national average.
Home insurance costs are influenced by local factors including weather risks (hail, wind, flooding), property values, local building costs, and proximity to fire stations.
Renters Insurance in Cheyenne, WY
Renters insurance in Cheyenne averages $168 per year ($14/month). Renters insurance is affordable and protects your personal belongings, provides liability coverage, and may cover temporary living expenses if your rental becomes uninhabitable.
Compare with Other Wyoming Cities
| City | Auto Insurance | Home Insurance |
|---|---|---|
| Casper | $1,312/yr | $1,480/yr |
How to Save on Insurance in Cheyenne
- Shop around. Get quotes from at least 3-5 different insurers. Rates in Cheyenne can vary by $500 or more between companies for the same coverage.
- Bundle auto and home/renters. Many companies offer 10-25% off when you carry multiple policies.
- Increase your deductible. Raising your deductible from $500 to $1,000 can cut your premium by 15-30%.
- Ask about local discounts. Some insurers offer discounts for anti-theft devices, safe driving courses, or parking in a garage.
- Review coverage annually. Your needs change over time. Make sure you are not paying for coverage you do not need.
Frequently Asked Questions
How much is car insurance in Cheyenne, WY?
The average cost of car insurance in Cheyenne, WY is $1,312 per year for full coverage, or about $109 per month. Minimum coverage costs around $551 per year.
Is car insurance expensive in Cheyenne?
Car insurance in Cheyenne is relatively affordable compared to many U.S. cities.
How much is home insurance in Cheyenne?
Homeowners insurance in Cheyenne costs an average of $1,589 per year. Your actual cost depends on your home's value, age, construction type, and specific location.