How Much are Auto Insurance Quotes for Drivers with Accidents in Wyoming?

Wouldn’t this article be short if we could look into our crystal ball and tell you the company that has the lowest car insurance rates for drivers with accidents? Unfortunately, it’s not that simple as there are many unknown elements like if you have a clean driving record, your marital status, if you just need liability coverage, and your credit score, that all influence how much you pay for auto insurance. The content below will cover these types of topics and will give you a jump start in finding the best auto insurance.

The car, truck, or SUV you are trying to insure is a significant factor in finding cheap auto insurance for drivers with accidents in Wyoming. Vehicles with high performance engines, poor passenger safety features, or high incidents of liability claims will cost more to insure than safer models.

The information below outlines auto insurance rates for the cheapest automobiles to buy insurance for.

Table data assumes single male driver age 40, no speeding tickets, two at-fault accidents, $1,000 deductibles, and Wyoming minimum liability limits. Discounts applied include multi-vehicle, multi-policy, and homeowner. Estimates do not factor in your specific Wyoming location which can increase or decrease premiums noticeably.

Based on these rates, we can presume that makes and models like the Honda CR-V, Jeep Wrangler, and Ford Escape are some of the most budget-friendly vehicles to insure for drivers with at-fault accidents. The cost of auto insurance will be more expensive because there is more liability risk for drivers with accidents, but in general those specific models will tend to have the lowest prices that you are likely to find.

Finding decent, low-cost auto insurance is not always easy, and deciding which companies have the best auto insurance rates for drivers with accidents calls for a bit more work. Insurance premiums will probably be moderately more expensive than the state average, with the higher price attributed to the potentially higher risk associated with selling coverage for drivers with at-fault accidents, but affordable coverage may be attainable if you find the right company.

Every car insurance company uses their own method for determining rates, so first we will examine the auto insurance companies that tend to be cheaper in Wyoming.

Best Car Insurance Prices for Accident Prone Drivers

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USAA has some of the cheapest car insurance rates in Wyoming at around $643 per year. Safeco, The Hartford, National Farmers Union, and GEICO also qualify as some of the most economical Wyoming car insurance companies.

As depicted above, if you are insured with National Farmers Union and switched to Safeco, you could realize yearly savings of roughly $54. Wyoming drivers with GEICO may save as much as $72 a year, and State Farm insureds might reduce prices by as much as $97 a year.

If you want to find out if you’re overpaying, click here to start your custom quote or feel free to get quotes from the companies below.

Remember that these policy rates are averaged for all ages of drivers and types of vehicles and do not factor in a rate surcharge for drivers with accidents. So the company that has the cheapest price for you may not even be shown in the above rate chart. That helps illustrate why you need to quote rates from as many companies as possible using your own individual information.

Price comparison of only insuring for liability

Finding cheap auto insurance for drivers with accidents in Wyoming is the goal of most vehicle owners, and a good way to find cheap insurance is to only buy liability coverage. The chart below shows the difference between car insurance costs with full phyical damage coverage and with liability coverage only. The premiums assume no driving violations, no at-fault accidents, $1,000 deductibles, drivers are not married, and no policy discounts are applied.

google.charts.setOnLoadCallback(drawFclqcibChart);function drawFclqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘Full Coverage with $1,000 Deductibles’, ‘Liability Only’],[‘Age 20’, 2549,1085],[‘Age 30’, 1349,597],[‘Age 40’, 1309,553],[‘Age 50’, 1199,519],[‘Age 60’, 1165,509],[‘Age 70’, 1451,679]]);var options = {title: ‘Full Coverage Rates Versus Liability Only Rates’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 500,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’},colors: [‘#6791b9′,’#98bee2’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle in Wyoming’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.BarChart(document.getElementById(‘qcibfcl’));chart.draw(data, options);}

If we average all the age groups together, comprehensive and collision coverage on your policy costs an extra $1,504 per year over and above liability only. A very common question is if buying full coverage is a good investment. There is no set rule of when to drop physical damage coverage on your policy, but there is a general guideline. If the annual cost of having full coverage is about 10% or more of the replacement cost minus the deductible, then it might be time to consider dropping full coverage.

For example, let’s say your vehicle’s claim settlement value is $12,000 and you have $1,000 policy deductibles. If your vehicle is destroyed, you would only receive $11,000 after paying your deductible. If premiums are more than $1,100 a year to have full coverage, then you may need to consider dropping full coverage.

Auto insurance rates are higher with tickets and accidents

The recommended way to get cheap auto insurance for drivers with accidents in Wyoming is to be a cautious driver and not get tickets or have accidents. The example below shows how speeding tickets and at-fault accidents increase car insurance costs for different age groups. The premiums are based on a married female driver, comp and collision included, $250 deductibles, and no discounts are applied to the premium.

google.charts.setOnLoadCallback(drawVioqcibChart);function drawVioqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘No Violations or Accidents’, ‘Two Speeding Tickets and No Accidents’, ‘Two Speeding Tickets and One Accident’],[‘Age 20’, 2761,3579,4413],[‘Age 30’, 1923,2739,3575],[‘Age 40’, 1905,2721,3559],[‘Age 50’, 1673,2491,3325],[‘Age 60’, 1589,2407,3245],[‘Age 70’, 1723,2543,3379]]);var options = {title: ‘Effect of Tickets and Accidents on Wyoming Auto Insurance Rates’,titleTextStyle: {color: ‘#333’, fontSize: 17, bold: true},width: ‘100%’,height: 600,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’,textStyle: {fontSize: 12}},colors:[‘#b2da64′,’#eed355′,’#e39e71’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle in Wyoming’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);formatter.format(data,3);var chart = new google.visualization.BarChart(document.getElementById(‘qcibvio’));chart.draw(data, options);}

In the previous chart, the average cost of auto insurance per year with a clean driving record and no accidents is $1,929. Get written up for two speeding tickets and the average cost rises to $2,747, an increase of $818 each year. Now add in one accident along with the two speeding tickets and the 12-month cost of auto insurance for drivers with accidents increases to an average of $3,583. That’s an increase of $1,654, or $138 per month, just for not driving responsibly!