Car Insurance in Laramie, WY
Car insurance in Laramie can streamline your daily life and open up new adventures.
There's a lot to do in Laramie, especially if you enjoy the outdoors and activities such as camping, skiing, snowmobiling, rock climbing, hunting and fishing. Some of the city's 32,000-plus residents attend the University of Wyoming.
Public transit here is free. The university offers two weekday bus routes that students and members of the public can use to go to campus, downtown and uptown. SafeRide shuttle service is on-call, open to the public and offers free evening and weekend transportation. Still, many Laramie residents prefer the convenience of cars. The average household in Laramie owns two cars.
April is the snowiest month in Laramie, averaging 12.1 inches of snow. Eight other months see noticeable snowfall. While most Wyoming drivers know how to get around in wintry weather, there is always a possibility of accidents no matter the conditions. Luckily, you can use VIU by HUB to easily get rate comparisons for car insurance in Laramie from multiple companies. Insurance coverage gives you more protection and peace of mind.
Wyoming mandates that drivers carry 25/50/20 liability insurance. This translates to $25,000 bodily injury coverage for one person in an accident you cause, $50,000 for multiple injuries if two or more people are hurt and $20,000 if you cause property damage or destruction. Your liability coverage does not help with your own injuries or damage to your own property, although another driver's liability insurance might if the driver is at fault.
It is a good idea to calculate your net worth, which is basically the value of your assets such as your home, retirement plans and investment accounts minus your debts. Experts recommend doing this and getting enough injury liability coverage so that your assets are not at risk if you're at fault in an accident.
Comprehensive and collision car insurance in Laramie can be optional if you do not have a car loan. If you're financing your vehicle, though, your lender most likely requires these two types of insurance. Here's a look at them as well as other common optional coverages.
Laramie drivers pay an average of $160 a month or $1,914 a year for auto insurance. This is slightly less than rates in many other areas of Wyoming and is slightly below the national average.
Factors affecting the specific rates you pay include your deductible amount, coverages and limits. Your car make and model, driving history, age, gender and marital status matter, too. However, each company takes a different approach weighing these factors and assigning risks and rates. A great way to save money on reliable car insurance in Laramie is to compare rates from many insurers with VIU by HUB. The easy online platform gives you side-by-side comparisons so you can make an informed choice.
This information is intended for general informational purposes only and is not intended to constitute legal advice.
