Wyoming Trucking Insurance Requirements
Insurance requirements and costs for trucking in Wyoming.
Minimum Liability and Coverage
Wyoming follows federal minimums: $750,000 for general freight, $1 million for hazmat. Wyoming follows a modified comparative fault system (51% bar). Total annual insurance runs $8,500-$15,000 — below the national average. Primary liability averages $6,000-$10,500. Wyoming's very low population density and rural courts produce some of the lowest insurance costs nationally. Wind-related damage increases physical damage and cargo claims. Workers' comp is required for all employers through the Wyoming Workers' Safety and Compensation Division (a monopolistic state fund) — premiums average $7-$12 per $100 of payroll.
FAQs — Wyoming Trucking Insurance
Primary liability averages $6,000-$10,500 annually — below the national average. Total insurance runs $8,500-$15,000. Wyoming's very rural character and low population density produce affordable insurance. Wind-related physical damage and cargo claims are the unique risk factor. Workers' comp is a monopolistic state fund.