Cheapest Car Insurance In Wisconsin November, 2024

Looking for affordable car insurance in Wisconsin might seem overwhelming, but it doesn’t have to be. Erie is a top-rated company that offers competitive prices and reliable service. Whether you need the minimum coverage or something more comprehensive, Erie has options that fit your needs.

With living costs going up, it’s important to find the most affordable insurance that still provides the coverage you need. Whether you’re new to driving, a regular commuter, or a family trying to cut costs, understanding what influences car insurance premiums and knowing where to find the best deals is crucial.

After more than a decade of studying insurance trends, I’ve simplified the process to help you navigate it with ease. This guide will break down what affects premiums and give you tips on how to find cheap car insurance in Wisconsin while maintaining the right coverage.

Cheapest Car Insurance In Wisconsin For Good Drivers: Erie

In Wisconsin, auto insurance costs for safe drivers can vary depending on their driving history, age, and the type of coverage they want. Typically, safe drivers with clean records may qualify for lower premiums as they represent lower risk to insurers.

They may also be eligible for discounts for maintaining a good driving record over time. It’s recommended that safe drivers compare quotes from multiple insurers to find the best rates and coverage options tailored to their preferences.

Cheapest Auto Insurance In Wisconsin For Drivers With Poor Credit: American Family

American Family provides affordable insurance options for Wisconsin drivers with poor credit, starting at $55 per month.

In Wisconsin, credit scores are a key factor that insurers use to assess the risk of a driver. Those with lower scores are often seen as more likely to file claims, leading to higher insurance rates. Drivers with poor credit may face higher premiums, but by comparing quotes and exploring discounts, they can still find competitive car insurance rates.

Cheapest Wisconsin Car Insurance For Seniors: American Family

Seniors in Wisconsin can enjoy American Family lowest rates, averaging $52 per month.

Seniors often enjoy lower car insurance rates due to their reputation as experienced and responsible drivers. Insurers also note that many seniors drive fewer miles annually, which reduces accident risks. Some insurance providers offer specific discounts for seniors, factoring in age and driving frequency. Many also reward seniors who complete defensive driving courses with additional savings, as these courses help improve safety on the road.

Cheapest Car Insurance In Wisconsin For Young Drivers

In Wisconsin, young adults generally qualify for less expensive car insurance rates than teenagers. This is because as they become more experienced, they tend to adopt safer driving practices, resulting in fewer accidents and insurance claims. Auto Insurance providers consider these factors and offer reduced premiums to young adults based on their improved safety histories.

Cheapest Insurance For 16-Year-Olds: West Bend

West Bend offers the lowest average monthly premium of $363 for 16-year-olds.

Cheapest Car Insurance Rates For 17-Year-Olds: West Bend

Insurance premiums for 17-year-olds are notably cheaper at West Bend, averaging $340.

Cheapest Auto Insurance In Wisconsin For 18-Year-Olds: GEICO

Geico has the most competitive rates for 18-year-olds, with an average monthly premium of $319.

Cheapest Wisconsin Car Insurance For 21-Year-Olds: GEICO

At $172 per month, GEICO provides the best insurance rates for 21-year-olds.

Affordable Car Insurance In Wisconsin For Drivers With Prior Incidents

Drivers in Wisconsin who have had accidents, speeding tickets, or DUIs often find it challenging to secure cost-effective car insurance. These incidents brand them as high-risk to insurers, resulting in increased premiums to offset the expected rise in claims.

This trend is particularly pronounced in Wisconsin due to its higher rate of traffic incidents. Insurers base their pricing strategies on statistical analyses that link previous driving incidents with an increased likelihood of future claims.

Cheapest Auto Insurance In Wisconsin After A Speeding Ticket: Erie

With average premiums as low as $100, Erie is the top pick for drivers facing speeding ticket penalties.

Cheapest Rates In Wisconsin After An At-Fault Accident: Erie

Drivers with at-fault accidents can benefit from Erie $125 average premiums, the most economical among its competitors.

Cheapest Wisconsin Car Insurance For Drivers After A DUI: Erie

Erie average premiums of $150 make it the least expensive option for drivers dealing with a DUI.

Cheapest Full-Coverage Insurance In Wisconsin: American Family

American Family full coverage car insurance is priced competitively in Wisconsin, with an average monthly rate of $50.

Full coverage car insurance in Wisconsin combines the state’s mandatory liability insurance with added options like collision and comprehensive coverage for more complete protection. Collision insurance helps pay for vehicle repairs in the event of an accident, even if you’re at fault, while comprehensive insurance covers damage from non-collision events such as theft, fire, or natural disasters.

Full coverage provides financial security in various situations, making sure you’re prepared for unexpected damage. Be sure to check the limits and deductibles of your policy to make sure you have the right amount of protection.

Cheapest Liability-Only Car Insurance In Wisconsin: Erie

In Wisconsin, Erie offers the best value for minimum coverage car insurance, with monthly rates starting at $30 on average.

Wisconsin law requires all drivers to carry a minimum amount of car insurance to legally drive. This minimum insurance generally includes liability coverage, which has two parts: bodily injury liability and property damage liability. Bodily injury liability helps cover medical costs, rehabilitation, and legal fees if you’re found at fault for an accident that injures others.

Property damage liability covers the cost of repairing or replacing another person’s vehicle or property if you cause the damage. These minimum coverage amounts are mandated by the state, but they can change based on your driving record and the type of vehicle you own. It’s important to review these regulations to ensure you have enough insurance coverage to meet legal requirements and protect your finances in case of an accident.

Average Cost Of Auto Insurance In Wisconsin – By Age

Average Rates In Wisconsin – By Gender & Marital Status

Average Auto Insurance Rates In Wisconsin – By Credit Tier

Cheapest Car Insurance In Wisconsin – By City

Minimum Car Insurance Requirements In Wisconsin

Wisconsin requires drivers to carry a minimum amount of liability insurance, typically set at 25/50/10—$25,000 for bodily injury per person, $50,000 per accident, and $10,000 for property damage. The state also mandates Personal Injury Protection (PIP), which covers medical costs and lost wages, regardless of who caused the accident. Drivers can also choose the Health Insurance Primary (HIP) option, where their health insurance covers medical expenses, though not all health plans are eligible for HIP, so it’s essential to confirm with your provider.

Car Insurance Discounts In Wisconsin

When looking for car insurance, check for discounts that cater to your needs. Speaking to your agent could help you uncover more savings. Common discounts include:

• Safe Driver Discount: For maintaining a clean driving record.
• Multi-Vehicle Discount: Savings when multiple vehicles are insured on one policy.
• Bundling Discount: Available when you combine auto insurance with other policies like homeowners insurance.
• Good Student Discount: Given to students with strong academic records.
• Defensive Driving Discount: Completing a defensive driving course may qualify you for discounted rates.