The state of Wisconsin had over 145,000 car accidents in 2019, which resulted in nearly 29,000 injuries. Tragically, more than 500 people were killed in car crashes. Car insurance is required if you reside in The Badger State. A policy will allow you to drive legally and provide financial protection in the event of an accident.
Wisconsin drivers pay $332 per year for minimum coverage, and $1,186 per year for full coverage. Knowing which companies offer the lowest average rates is helpful if you’re looking for low-cost car insurance in Wisconsin. Bankrate’s editorial team compared the best auto insurance rates in Wisconsin to find coverage that suits your budget.
Wisconsin has the cheapest car insurance
We first obtained the current premium information from Quadrant Info Services, which lists the top insurance companies in Wisconsin based on market share. We also looked at third-party rankings and coverage options, as well as available discounts. The following companies were found to be among the most affordable in Wisconsin, based on our research:
USAA offers car insurance only to veterans, military families, and their spouses. You may be eligible to receive the lowest rates in Wisconsin if you are eligible. J.D. consistently rates USAA as a top-rated provider, with high customer satisfaction scores. Power, but the carrier is not eligible to be ranked because of its eligibility restrictions.
Drivers who switch to USAA see an average savings of $700 each year. USAA offers discounts to safe drivers, students, long-term customers, and those who drive less than a certain amount of miles per year.
Erie is well-known for its comprehensive coverage, great discounts and low rates. Erie’s full coverage premiums and minimum coverage are both lower than Wisconsin’s. Erie’s insurance is sold through a nationwide network 13,000 agents. This may appeal to you if you prefer dealing with your insurance needs personally.
Erie may offer discounts for multiple vehicles, young drivers, infrequent driving, cars with safety equipment, and full payment of your annual premium. Erie offers a rate lock guarantee and a disappearing-deductible program to complete your policy.
Geico’s full coverage average premium is higher than Wisconsin’s, but it’s still lower than Wisconsin’s. Geico is well-known for its wide variety of discounts that can help you save. There are many discounts that you might be eligible for, such as being a military member, a federal employee, certain safety features on your vehicle, and having more than one policy or car.
Geico is a good choice if you want to manage your insurance digitally. The mobile application of the company is highly rated both on Google Play and the App Store. The app allows you to file a claim and request roadside assistance. You can also view your ID cards, make changes to your policy, and even request roadside assistance.
State Farm, Wisconsin’s most popular insurance provider, has 16.19% market share. State Farm is a great option if you’re looking for affordable full coverage. The company has ties to USAA and offers the lowest-priced, average full coverage rate.
State Farm offers many savings options, including two safe driver discount programs, Drive Safe & Save (for adults) and Steer Clear (for drivers under 25). Discounts are available for students away from school, safe drivers, and good students.
Progressive is Wisconsin’s largest personal auto insurance company, covering almost 20% private passenger auto policies. Progressive may be an option if you’re looking for lower premiums and many coverage options, as well as discounts .
Progressive also offers additional options such as loan/lease payment, custom parts, equipment coverage, and ridesharing coverage. You might be able reduce your premiums by purchasing continuous insurance online, getting a quote online, purchasing your policy online and insuring multiple cars.
Wisconsin drivers must have minimum coverage
- $25,000 per person for bodily injury
- $50k bodily injury per accident
- $10,000 damage to property
Minimum coverage drivers often pay the lowest rates. But cost isn’t the only consideration when buying auto insurance. Wisconsin’s minimum requirement for insurance may not be sufficient to cover all the costs of an at-fault car accident. You are responsible for paying all costs incurred by an accident, even if your insurance coverage is not sufficient. Insurance agents will recommend you buy higher liability limits to protect your finances.
Minimum coverage insurance does NOT include coverage for your vehicle. Full coverage is required if you require or desire coverage for your vehicle. This includes collision and comprehensive coverages. Talk to your agent about the right level of insurance that suits your needs.
How to Get Cheap Car Insurance in Wisconsin
There are many ways drivers can get cheap auto insurance in Wisconsin. Here are some other ways to get low-cost coverage, in addition to choosing an affordable provider:
- Compare multiple quotes: Take your time to compare insurance providers and request quotes from many companies. Comparing quotes side by side is a great way to find the lowest rate and coverage you need.
- Discounts: Seek out insurance companies that offer discounts to those who are eligible. Common discounts for car insurance include no claims, bundling policies, and multiple vehicle coverage.
- Increase your credit score. Insurance companies will consider your credit score when calculating your premium. Your car insurance premium could be lower if you have a better credit score.
- Driver training courses: Car insurance companies often offer discounts for drivers who have completed approved defensive driving or driving training.
- Your deductibles can be increased: Full coverage auto policies have two deductibles. One for collision, one for comprehensive. Your premium will decrease if you choose to have higher deductibles. It is important to remember that your deductible will be the amount you pay out of your pocket in case you have to file a claim for vehicle damage. If you are involved in an accident, choose a deductible you can afford to pay.
Even though Wisconsin’s average premiums may be lower than the national average for Wisconsin, you might still want to save money. These tips can help you find coverage at a price that suits your budget.
Questions frequently asked
Which is the best Wisconsin car insurance?
Each driver will have a different best auto insurance company in Wisconsin. It will depend on your financial situation, how much coverage you need, and what type of coverage. Also, your rating factors such as your driving record, gender, and age. To find the best match, you might want to shop around for providers and compare them based on your personal criteria.
What is the average cost for car insurance in the United States?
The average US driver who uses for full coverage insurance pays $1,674 each year and $565 for minimum coverage. The average Wisconsin driver pays $1186 annually for full coverage insurance, and $332 annually to get minimum coverage. Wisconsin drivers spend significantly less on car insurance than the average American. This state actually has the lowest auto insurance rates in the country .
How can I get a quote for car insurance in Wisconsin?
It is easy to get a quote for car insurance. Many insurance companies offer a free online quote tool that allows you to input basic information about you and your car. However, you might need to contact a company or visit an agency in person. You will need to give your name, address, birthday, vehicle identification number (VIN), year, make, model, mileage, and year. Your Social Security number may be requested, as it is used to verify your credit score.