My rate recently increased with my insurance company so I started shopping around for a new policy. I found that, even after the increase, I wasn’t able to find anything lower than what my current company offers. Why is it so high?
Our State of Insurance Report actually shows that the average premium in Wyoming of $1176 is below the nation average of $1323 per year. Since rates are partially based on the number of claims and damaging whether events in certain areas, it’s possible that your rate is being impacted by things that are out of your control. If you recently filed a claim or were recently issued a ticket for a moving violation, that could also be why you’re experience higher rates than before. The best way to find the lowest rate is to compare quotes with as many companies as possible.