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Affordable Home Insurance in Wyoming

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What drives home insurance rates in Wyoming

Average homeowners premium, 2023

$1,853

The average homeowners policy in Wyoming cost $1,853 for a year of coverage in 2023, against $1,737 nationally.

Claims paid per premium dollar, 2023

58.3¢

Home insurers in Wyoming paid 58.3 cents in claims for every premium dollar in 2023; the median state was 64 cents.

Severe weather events, 2024

67

NOAA logged 5 tornado, 54 large-hail and 8 flash-flood event reports in Wyoming in 2024, counted per county or zone. Wind and hail claims fall on the homeowners policy; flood needs its own.

Natural-hazard loss rank

#48

FEMA ranks Wyoming #48 of 51 for expected annual loss from natural hazards; flood accounts for 45% of that loss, and flood damage needs a separate flood policy.

  • Average homeowners premium, 2023: NAIC Homeowners Insurance Report, 2023 data
  • Claims paid per premium dollar, 2023: NAIC Profitability by Line by State, 2023
  • Severe weather events, 2024: NOAA Storm Events Database, 2024
  • Natural-hazard loss rank: FEMA National Risk Index

Largest home insurers in Wyoming

The ten insurer groups that wrote the most home premium in Wyoming in 2025, with their share of the state total of $422 million.

#Insurer groupMarket sharePremiums written
1State Farm Group23.52%$99 million
2Farmers Insurance Group17.12%$72 million
3Mountain West Farm Group12.49%$53 million
4Liberty Mutual Group9.42%$40 million
5United Services Automobile Association Group7.32%$31 million
6Allstate Insurance Group5.98%$25 million
7Chubb Ltd Group4.83%$20 million
8Tokio Marine Holdings Inc Group3.26%$14 million
9Travelers Group2.96%$12 million
10Nationwide Corp Group2.5%$11 million

Source: NAIC Market Share Reports, 2025 data, direct premiums written by insurer group. GEICO writes inside Berkshire Hathaway Group. Ranking is market commentary; it says nothing about which carriers a quote comparison includes.

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