Most drivers can attest to the fact car insurance rates usually rise each year. But rate hikes aren't always the prevailing trend, and rate changes can be isolated to specific regions.
Geographic location is among the primary rating factors used by insurance companies to set premiums. The ZIP code, city, and state in which a vehicle is parked and driven are weighed when setting car insurance prices — this comes down to state statutes and the differing levels of risk associated with insuring cars in various areas of the country.
Due to the multi-faceted nature of car insurance pricing, year-over-year rate trends vary widely by state. Auto insurance rates could be on their way up year-over-year in a state while they drop one state over.
See below trending auto insurance rates in Wyoming. If your policy isn't following your state's trend, consider looking for a new insurance option. The Zebra's car insurance comparison engine allows you to get auto insurance rates based on your specific profile — enter your ZIP below to get started.
Car insurance pricing trends in Wyoming
In Wyoming, average yearly auto insurance premiums went up by $35 over the past year. A normal driver in Wyoming now pays an average rate of $1,375 per year.
The recent trend in Wyoming points to more expensive car insurance costs. Between 2015 and 2018, rates grew more expensive by an average of $231 per year. Meanwhile, car insurance prices nationwide have increased steadily in recent years, increasing from $1,280 in 2015 to $1,470 in 2018.
YEARLY AUTO INSURANCE RATE TRENDS IN WYOMING
|Year||Avg. Annual Premium — Wyoming||Yearly Change — Wyoming||Avg. Annual Premium — USA||Yearly Change — US|
If your rates are rising faster than those in your state, consider shopping around for a better deal.
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How are auto insurance rates trending in the most populous Wyoming cities?
Car insurance policies are priced at the ZIP code level with myriad variables influencing premiums in the area. That means drivers can see major differences in their car insurance rates, based solely on their ZIP code or city. For example, Casper drivers faced steeper annual auto insurance rate hikes (5.9%) than did their neighbors in Newcastle (5.7%) between 2018 and 2017.
See below annual rates of change in major Wyoming cities. If your location is experiencing ongoing rate hikes, consider shopping for a cheaper policy.
|City||Avg. Rate Increase — 2018 vs. 2017|