Wyoming is like no place on earth. No, really. That was the state slogan at one point, and we’ve found it to be undeniably true. With miles of wide-open spaces, plenty of national parks and a small population, it's the perfect place to enjoy the great outdoors. Add to that a famous ski town that offers mountains of fresh “cowboy powder,” and Wyoming has proven to be more than meets the eye.

Whether you’ve just decided to buy property in cowboy country or have called the state home for years, you’ll need Wyoming homeowners insurance. Get the lowdown on how to protect your property, belongings and family from whatever comes your way with our guide.

How much is home insurance in Wyoming?

Illustration of three houses with green doors and smoke coming out of the chimney of one

Home insurance in Wyoming costs an average of $1,299 per year, the same price you’d pay to see the Old Faithful geyser erupt whenever you want for 18 years — which it does every hour and a half. Wyoming’s home insurance premiums are relatively average, coming in at just $99 more than the nationwide average of $1,200 and just below Montana home insurance averages, Wyoming's neighbor to the north.

You’ll pay an average of $1,299 a year for home insurance in Wyoming, the same cost of buying an annual pass to Yellowstone National Park every year for 18 years!

What factors influence my home insurance rate?

However, your premium can change depending on your unique situation. The size of your home, as well as its location and current condition, can all affect your rates. So if you own a mansion in Jackson Hole to be closer to the slopes, you can expect to pay more for your home’s protection than if you owned a small ranch-style home in Casper.

Wyoming Home Insurance Premiums

What does Wyoming homeowners insurance cover?

A typical Wyoming homeowners insurance policy (also called HO-3 insurance) will cover your home’s structure, homeowner liability and your home’s contents. If you have any additional structures on your property, such as a shed or detached garage, those will also be covered. But what about coverage from natural disasters or severe storms?

While most home insurance providers will cover your home from perils like theft, you’ll need to buy extra protection for natural disasters common in your area. Insurance riders like earthquake, wildfire and catastrophe insurance will offer you protection from things your original policy won’t. Flood insurance is also a good idea — but more on that later.

Wyoming Insurance Coverage Options

Traditional coverage


Supplemental coverage


Tips for lowering your home insurance premium

Wyoming is known as the Equality State, and was the first state to grant women the right to vote back in 1869. This philosophy is still alive and well after all these years, offering homeowners of all kinds the same opportunities to lower their premiums and save money.

If your goal is to lower your premium, you should start by installing smart home monitoring devices. This will reduce the risk associated with insuring your home. Other money-saving tips include keeping up with consistent home maintenance tasks, raising your deductible and shopping for a new provider every few years.

Wyoming homeowners insurance resources

Though the national government owns over 46% of the land in Wyoming, plenty of resources are available to help homeowners learn about home insurance and get back on their feet after severe weather events. Homeowners and those still on the market should check out the Wyoming Insurance Department to learn more about the protection they need. 

It's important to note that, unlike many other states, Wyoming doesn’t offer a Fair Access to Insurance Requirements Plan. Below, we highlight the additional resources and programs Wyoming homeowners can access.

National Flood Insurance Program (NFIP)

Wyoming is no stranger to the occasional flood. According to the Water Resources Data System & State Climate Office, every single county in the state has experienced flooding, and the state has accumulated over $126.7 million in flood damage since 1905. While we hope the state will never again experience anything like the 1985 flood in Cheyenne, it's always smart to be prepared. You can get flood insurance protection easily through the NFIP.

Wyoming Mine Subsidence Insurance Program (WMSIP)

With two of the biggest coal mines in the world located within Wyoming’s state borders (North Antelope Rochelle and Black Thunder Mines), it's safe to say homeowners need to be on alert. Underground mines can cause earth movements, damaging your property as well as nearby service lines. You can get protection from damage caused by mines through the WMSIP.

Wy-not settle down in Wyoming? In fact, we can’t blame you if you’re researching real estate agents right now. But once you’ve signed the dotted line on your dream home, don’t forget about protecting your new investment with a Hippo insurance policy.

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