Home Insurance in Wyoming

Home Insurance Requirements in Wyoming

Wyoming requires 25/50/20 auto liability ($25,000 per person bodily injury, $50,000 per accident, $20,000 property damage). Wyoming is an at-fault state using modified-comparative-negligence with a 51% bar. UM/UIM is not mandatory but insurers must OFFER it in writing; drivers must reject it in writing. Roughly 6% of Wyoming drivers are uninsured — one of the lowest rates in the U.S. — but VKOVR still recommends stacking UM/UIM to 100/300, especially along I-80, I-25, and US 26/US 287 corridors where long rural-highway exposure, winter weather, and out-of-state through-traffic drive severity. Standard homeowners insurance in Wyoming covers wind, hail, winter-storm, and fire but Wyoming routinely experiences the highest average sustained wind speeds of any U.S. state — wind/hail percentage deductibles of 1–2% are common, and re-roof intervals may be tighter than other markets. Wildfire exposure across the Medicine Bow, Bighorn, Shoshone, and Bridger-Teton national forests has driven increasing carrier selectivity and defensible-space underwriting; brush-zone surcharges are common in Teton, Sublette, Park, and Albany counties. Flood — North Platte, Powder, and Bighorn rivers plus mountain flash-flood risk — requires NFIP or private flood. Coverage A should track Jackson/Teton County's very high rebuild costs separately from the rest of WY. Wyoming workers' compensation is provided exclusively by the Wyoming Workers' Safety & Compensation Division, a state monopoly fund — employers cannot buy workers' comp from private carriers. Coverage is mandatory for any employer with "extra-hazardous" operations (oil and gas, mining, construction, trucking, logging) and is broadly required for most other employers. Oil and gas (Powder River Basin, Green River Basin), coal mining (Gillette/Campbell County), agriculture and ranching, tourism (Jackson/Teton, Yellowstone gateway), and construction drive distinctive Wyoming commercial pricing; commercial auto, inland marine, and general liability matter broadly, and the state's flexible trust and no-income-tax regime also makes WY attractive for life-insurance-based estate planning for high-net-worth households.