The average insurance rate of Casper is higher than the national average.
The cheapest rates for the city are provided by Safeco and USAA.
The second largest city in Wyoming is sure to host enough factors that influence car insurance rates. Insurance rates are heavily dependent on a string of driving and non-driving factors. Owning a car will automatically guide you to an insurance provider as an auto insurance policy is mandatory in all states, including Wyoming.
The average car insurance rate in Casper is higher than the state and national average. Hence, it is important to look at the possible options available in the city, along with the discounts and the factors that have an influence on the rates here. This will help you get reasonable rates for your auto insurance in the city.
Here we go through all things insurance in the city, including a comparison of insurance rates according to coverage and other criteria that influence your policy rates.
How much does car insurance cost in Casper?
The annual car insurance in Casper is higher than the state and national average, which is $1577 and $1557, respectively. It will cost $1656 to insure a car in the city.
Auto Insurance Requirements in Casper, Wyoming
Proof of insurance is mandatory to drive a car in the neighborhood. It is required for renewing the car registration or when the car is involved in an accident. A minimum amount of liability insurance is required for every car owner. However, this doesn't include the collision and comprehensive coverage, which is highly recommended to avoid out-of-pocket expenses.
$25,000 per person for bodily injury
$50,000 per accident for injuries to people
$20,000 of property damage liability coverage
Casper Auto Insurance Premiums by Company
Being a happening city, almost all insurance companies operate in the city. So, the best way to ensure that you get the best rates is by comparing the quotes and choosing the one that suits your needs.
With an average rate of $948, Safeco offers the cheapest rates in the city. This is followed by USAA open to active military members and veterans and State Farm.
Age is a prominent factor in classifying you as a high-risk or non-risk driver. The car insurance rates in Casper are no different. The younger you are, the higher the rates. Teenagers pay $3720 on average, while the lowest rates are paid by drivers above the age of 50.
However, if you are a young driver, you can look out for different discounts that suit your profile. Despite the age category, you can reduce the premium rates in Casper by shopping around and shortlisting the discounts offered.
Apart from your age, what can classify you as a high-risk driver is your driving record. Owning a clean driving record will help you lower your insurance premium rates in Casper. A driving record without citations, accidents, or tickets can maintain the insurance rates to a minimum. In the city, the insurance rates can increase by 57% if you get a speeding ticket and by at least 54% if you are charged with a DUI.
Average Yearly Rate
Speeding Tickets under 15
Casper Auto Insurance Premiums by Credit Rating
Another major non-driving factor that has a direct impact on your profile is the Credit or FICO scores. Statistically, it shows that those who have fair to exceptional credit scores tend to file lesser claims. Even though the rates can vary with insurance providers, a driver with a poor credit score will have to pay anywhere between $5465 and $2227, while it ranges between $3000 and $1500 if you are a driver with a good credit score.
In Casper, the highest insurance premiums are found in the 82609-zip code, while the cheapest rates are found in the 82605 code.
Average Yearly Rate
See what you could save on auto insurance
What would increase your car insurance rates in Casper?
The other driving and non-driving factors that influence the insurance rates include the rate of auto theft rates and the frequency of road accidents.
Auto Theft Statistics
The annual motor vehicle theft rate in the United States is 220 per 100,000 persons. Meanwhile, there were 121 vehicle thefts in Casper in 2019. This increased to 602 in 2020, while the theft rate per 100,000 people was 192.
Casper Auto Theft Rate per 100,000
National Auto Theft Rate per 100,000
The frequency of accidents can lead to an increase in insurance rates in a neighborhood. In case you are involved in an accident, then you may be categorized as a high-risk driver and may be subjected to higher insurance premium rates. According to 2019 data, there were three fatal accidents in Casper.
Most insurance providers now provide their quotes online. Choosing the one that suits your needs is can be done through this research.
Increase your Deductible
Insurance prices can be reduced by increasing the deductible amount. Your accident claim will, however, be diminished as a result of this. Look into the different options for your deductible to determine if or not a lower deductible result in cost savings. If it does, select the option that most accommodates your financial situation and degree of comfort.
Improve your Credit Score
Having a good to excellent credit score can reduce the premium rates. In the cities of Casper, which includes Wyoming, companies tend to increase the premium rates in case of low credit scores.
Wyoming is a no-fault state as well as a diminished value state. You may be entitled to claim the diminished value of your vehicle from the at-fault party's insurance company. These conditions apply to the city also.
Understanding the weather of a place is very important for smooth navigation through the city roads, and it saves time as well.
Average Annual Rainfall
Average Annual Snowfall
Best Car Insurance Companies in Casper
Auto Insurance Data Methodology
The auto insurance rates published in this guide are based on the results of research completed by Way.com’s data team. Using a mix of public and internal data, we analyzed millions of rate averages across U.S. ZIP codes.
Quotes are typically based on a full coverage policy average unless otherwise noted within the content.
These rates were publicly sourced from insurer filings and should be used for comparative purposes only — your own quotes will differ. Given this, it’s important to go through our insurance steps form to find how much you can save with way.com
Frequently Asked Questions
How much is full coverage insurance in Casper, Wyoming?
The car insurance rate in Casper for full coverage annually is $1656.
How to find cheap insurance rates in Casper?
Comparing quotes from different providers can always help in figuring out the company that provides the cheapest insurance rates in Casper. Way.com gives you a head start with our analysis of the best car insurance coverage companies nationally based on financial strength, customer service, protection, and price, all of which might influence your insurance coverage experience.