Auto Insurance Coverage in Wyoming: Common Coverage Levels

Under state law, auto insurance coverage for Wyoming drivers must include third party liability coverage.  The minimum level of required protection in the state is $50,000 for a single accident victim and $100,000 to pay for all injuries and damages stemming from the same accident. Property damage coverage of at least $20,000 must also be purchased.

Limiting the coverage limits to the minimum amount required by law may not provide a driver with enough protection to pay for damages caused in a serious accident. To get a better level of protection, many drivers in the state opt to buy a policy with a policy limit of $100,000 for one person’s injuries and $300,000 to pay for all injuries stemming from the same accident. Buying a policy with a property damage limit of $100,000 is also a popular choice for Wyoming auto insurance consumers.

Uninsured motorist coverage is not required in this state, but it is a good idea to consider putting it in place. This type of coverage will reimburse a policyholder and the occupants of his or her vehicle if the at-fault driver in an accident does not have insurance coverage. Many drivers choose to buy a policy with a $25,000 limit to pay for one person’s injuries and $50,000 to pay for all injuries following an accident.

Medical payments coverage is not required by the state. To protect themselves if an accident occurs, a number of  drivers choose to buy a $5,000 insurance policy.

Compare Wyoming Auto Insurance Companies Before Buying a Policy

Wyoming auto insurance companies all sell coverage, but that doesn’t mean they are all the same. Each one determines what types of terms it will offer its customers and how much to charge in premiums. By taking the time to shop around and consider multiple providers, a customer will be able to find the right type and level of coverage to fit his or her needs.

Buying auto insurance coverage doesn’t have to be a daunting task for consumers. The key to making the process less intimidating is education. The good news for drivers is that the Internet offers a number of websites with informative articles explaining what different car insurance terms mean and the minimum amount of coverage that Wyoming drivers must buy to stay legal. Browsing through individual web sites is another effective strategy for consumers, since it gives them the opportunity to gather information about the companies licensed to sell policies in the state.

Using this tactic, a customer can find out how long a particular insurance company has been in business, the number of policies it has in force and what types of insurance products it offers. Keep in mind that many companies offer a discount to customers who buy multiple policies, and a car insurance buyer may also want to buy a homeowners’ or renters’ policy from the same providers to get this benefit.