Auto Insurance In Wyoming
Wyoming, the state of “equal rights,” has many of the same insurance requirements as every other state in the country. This beautiful state, known for its bucking broncos and western style, has been home to many cowboys and cattle-raising farmers through the years. Today, there are people that populate the larger cities and the little towns. Each of these individuals is responsible to purchase insurance within the state of Wyoming, but how many of them actually know what the laws in Wyoming are regarding car insurance? If you are one of these individuals or if you are planning on moving to the state pretty soon, it might be wise for you to learn about the laws for auto insurance in Wyoming. Here are a couple of highlights about Wyoming insurance in particular, so that you can know any details that you might not already have in mind.
Required Auto Insurance in Wyoming
As with most other states, Wyoming requires each of its residents to purchase a certain amount of liability insurance. This coverage is intended to protect individuals in the case of an accident, so that they will not be financially destitute, unless it is an accident of extreme proportions. The first thing you need to know about auto insurance in Wyoming is that they follow a 25/50/20 system. This means that you must have at least $25,000 worth of coverage for one person in an accident and $50,000 for a group of people in an accident. The extra $20,000 is to help account for any property damage that may have been caused, whether to the other vehicle or to private or governmental property. Also, Wyoming follows the tort system, which means that one individual is found guilty of causing an accident and that person must pay for the costs of the whole accident. Of course, this is accomplished through their insurance company. If your insurance company finds that you are too prone to causing accidents, you will either have to pay a higher premium or your insurance will be dropped.
Clarifications about Auto Insurance in Wyoming
The state of Wyoming requires that you be able to provide proof of insurance at any time. This proof can be an insurance card stating the amount of insurance that you have covering you or else a bond of at least $25,000. Either of these methods proves financial responsibility. A police officer may ask for proof of auto insurance in Wyoming at any time. If you are unable to provide some paperwork immediately, you will have seven days to show that you have some sort of insurance. If you do not have insurance, you may be subject to a fine of $750 and imprisoned for up to six months. You also must have insurance to register a vehicle. If you choose to continue to go without insurance and are caught again, you may pay up to $1,500 and be in jail for up to six months.
Current Auto Insurance in Wyoming
Right now, the current cost of auto insurance in Wyoming is about $100 cheaper annually than the rest of the nation, comparing at about $1,700 to $1,800. The state of Wyoming allows cell phone use while driving, but does not allow open alcohol containers for either driver or passenger. The current highway speed limit is 65, much like the rest of the United States. Now is the time for you to get the auto insurance that you need. The prices are hefty if you are caught without insurance and you do not want to get into an accident without the coverage that you need to take care of yourself and your family. If you are interested in getting a free quote on auto insurance in Wyoming, simply enter your zip code at the top of the page and someone will get back with you shortly. It is never too early to be obeying the law!