Wyoming home insurance deductible calculator

What your storm deductible actually comes to in dollars, and whether raising your regular deductible is worth the exposure. Estimates only — not a quote.

Your storm deductible, in dollars

Your storm deductible is not your regular deductible
$6,000

A typical 2% catastrophe deductible on $300,000 of coverage means you pay the first $6,000 of storm damage yourself 6x the $1,000 deductible that applies to everything else. That is $5,000 more you would need on hand after a named storm than after a kitchen fire.

Shown on Wyoming’s reference coverage level of $300,000. Enter your own coverage above for your number.

Wyoming has no hurricane exposure and is not on the NAIC's named-storm list, but it sits in the northern hail belt alongside Colorado and Montana, and a SEPARATE wind/hail deductible - increasingly written as a percentage of the dwelling limit rather than a flat amount - has become the prevailing structure on Wyoming homeowners policies. The reported range is 1% to 5%, with 2% to 3% the common landing point on renewals in this region; flat wind/hail deductibles, where still used, have moved up into the $2,500-$5,000 band. The practical consequence is that the deductible governing the claim a Wyoming homeowner is most likely to file is not the one on the front of the declarations page: on a $400,000 dwelling limit a 2% wind/hail deductible is $8,000, against a $1,000 all-perils deductible. Hail is the driver - the average wind and hail damage claim runs near $11,700, and southeastern Wyoming around Cheyenne takes severe events (the August 2025 Cheyenne supercell produced baseball-size hail and hundreds of claims in two days). IMPORTANT LIMIT ON THIS FIGURE: the 2% is the reported common selection from carrier, agency and contractor market reporting for the Colorado-Wyoming region, which those sources generally treat as one market. The Wyoming Insurance Department publishes no deductible-distribution survey, so this is not a measured statewide mode and no more precise number is claimed.

Is a higher deductible worth it?

This needs your two real quoted premiums. We deliberately don’t apply a “typical savings” percentage: deductible credits vary by carrier, state, and filing, so a made-up multiplier would give you a break-even that looks precise and isn’t. Ask your insurer to quote both deductibles — it takes one phone call, and the answer is specific to you.