Cheap Insurance Laramie
West of Cheyenne, Laramie is the third-largest city in Wyoming, and is a hotspot for outdoors enthusiasts because of the nearby Snowy and Laramie mountain ranges, as well as the Laramie River. The city also attracts retirees because of its low cost of living and low taxes (housing costs are over 30% lower than the national average). This has helped the city grow over the past fifteen years, so the economy has remained healthy (although there are only around 30,000 residents, so it’s not very crowded). The city enjoys low insurance rates because of its low accident rates and low traffic, so you should be able to find plenty of choices for cheap insurance.
Some factors that may affect your rates:
- The University of Wyoming’s main campus is in the city and there are over 13,000 students attending. This can sometimes means a lot of young drivers on the road which increases the accident risk. However, students can also be eligible for discounts if they get good grades, so be sure to check with your agent if you are attending college (or are a parent with a student driver on your policy).
- The 82072 zip code (corresponding to the northeast part of the city) has the highest population density so if you live in that territory you might pay slightly higher rates for certain coverages.
- There were only 23 cars stolen in 2012. This is one of the lowest rates in the country, and the crime rate for the city in general is about half the national average. Insurance companies do use this data when calculating your rates, so this is very good news for Laramie drivers.