Home Insurance in Wyoming
Homes in Wyoming carry a median value of $309,700.
The typical home in Wyoming was built around 1981. About 23% of homes were built before 1960. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.
In Wyoming, the housing stock is 73% single-family homes, 9% apartments in buildings with 5+ units and 11% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
About 56% of owner-occupied homes in Wyoming have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
About 72% of occupied homes in Wyoming are owner-occupied. The vacancy rate is 12%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. 59% of homes in Wyoming are primarily heated with natural gas.
In Wyoming, the statewide average premium for a standard HO-3 homeowners policy is $1,853 per year (NAIC, 2023 data).
Key figures
| Median home value | $309,700 |
|---|---|
| Median year built | 1981 |
| Owner-occupied share | 72% |
| Share of owner-occupied homes with a mortgage | 56% |
| Home insurance premium | $1,853 - statewide average (NAIC, 2023 data) |
Counties
- Albany County
- Big Horn County
- Campbell County
- Carbon County
- Converse County
- Crook County
- Fremont County
- Goshen County
- Hot Springs County
- Johnson County
- Laramie County
- Lincoln County
- Natrona County
- Niobrara County
- Park County
- Platte County
- Sheridan County
- Sublette County
- Sweetwater County
- Teton County
- Uinta County
- Washakie County
- Weston County