Wyoming Renters Insurance

Average Renters Insurance Cost in Wyoming

Renters in Wyoming pay an estimated $106 per year ($9/month) for a standard policy, based on 2026 industry average data.

Renters Insurance Rates by City in Wyoming

What Makes Wyoming Renters Insurance Unique

Wyoming is routinely the cheapest or second-cheapest state in the country for renters insurance, thanks to its very low population density and low claim frequency.

Risk Factors Specific to Wyoming

Underwriters in Wyoming weigh a generally low frequency of weather and crime-related claims more heavily than in lower-risk states when pricing renters policies.

Renters Insurance Compared With Rent in Wyoming

The median gross rent in Wyoming was $998 a month in 2024 (U.S. Census Bureau, American Community Survey), 33% below the national median of $1,487. Against that, our estimated renters premium of $106 a year — about $9 a month — equals roughly 11% of one month’s rent for a full year of coverage, below the middle share among the 50 states in our estimates.

The Coverage Detail That Matters Most in Wyoming

Wyoming’s low weather and crime risk is why premiums are modest, which makes it cheap to raise limits. Liability coverage — which pays if a guest is hurt in your unit or you accidentally cause damage, such as an overflowing tub flooding the unit below — often costs only a few dollars more per year to raise from $100,000 to $300,000.

Frequently Asked Questions

How much is renters insurance compared with rent in Wyoming?

With a median rent of $998 a month (2024) and an estimated premium of $106 a year, a full year of renters insurance in Wyoming costs roughly 11% of one month's rent.

*No U.S. state legally mandates renters insurance, though individual landlords may require it as a lease condition. The information on this page is provided for general informational purposes only and reflects estimated industry averages as of 2026. Insurance rates change periodically; always verify current pricing with a licensed insurance professional. City-level and statewide premiums shown are approximations — individual rates will vary based on personal factors.