Wyoming’s financial responsibility law requires all drivers to maintain minimum amounts of liability coverage. Residents can fulfill this requirement by:
- purchasing an automobile liability policy,
- purchasing a bond in the amount of $25,000, or
- making a cash deposit of $25,000 with the State Treasurer.
As a “Tort” state, motor vehicle operators in the state of Wyoming are legally and financially responsible for any damages to property, vehicles, or people that are a result of an auto accident for which they are at fault. If you choose to purchase an auto insurance policy, you must purchase coverage amounts above the state minimums outlined in the table below.
Residents of Wyoming may increase their protection by purchasing policy add-ons. Collision, comprehensive, medical payments, and uninsured/underinsured motorist coverage are great ways to protect you, your family and your assets.
|Coverage Type||Required?||Minimum Coverage Amount Required|
|Bodily Injury Liability||Yes||$25,000 per person / $50,000 per accident|
|Property Damage Liability||Yes||$20,000|
|Uninsured Motorist Bodily Injury||No||$25,000 per person / $50,000 per accident|
You may want to consider purchasing limits of coverage higher than those required by law to protect your assets or property, as you may be personally responsible for any damages above the policy limits.
Requirements for Leased Vehicles in Wyoming (WY)
Most leasing companies in Wyoming typically require drivers to maintain insurance coverage which exceeds the minimums set by Wyoming state law. This is to protect you financially, as well as your leasing company, should they be held partly responsible. Most leasing companies will recommend the following amounts of insurance coverage:
- Bodily injury liability coverage: $100,000 per person/$300,000 per accident
- Property damage liability coverage: $50,000
- Comprehensive and collision coverage: $500 maximum deductible
Wyoming Auto Insurance Contacts
|Wyoming Department of Transportation
5300 Bishop Blvd.
Cheyenne, WY 82009-3340
|State of Wyoming Insurance Department
Herschler Bldg, 3rd Floor East
122 West 25th Street
Cheyenne, WY 82002