Cheapest car insurance in Wisconsin insurance is mandatory in most states, including Wisconsin, but obtaining affordable coverage can be challenging. That's why looking at offers from other carriers is crucial. Full coverage auto insurance in Wisconsin will set you back $1,271, or approximately $106.
The state of Wisconsin's bare minimum insurance premium is $374 per year on average; however, we determined that you can likely find a cheaper policy. For a 35-year-old motorist in Wisconsin with a spotless driving record, the cheapest annual premiums for minimum coverage vehicle insurance can be found with Geico at just $203.
Methods We Used To Select Wisconsin's Most Cost-Effective Providers
The editorial staff at NerdWallet compared rates from 23 Wisconsin auto insurers to identify the five that offered the lowest premiums for a 2019 Toyota Camry L driven by drivers of varying ages and driving records. We analyzed rates corresponding to the bare minimum coverage mandated under Wisconsin law. Here are the coverage parameters we utilized to ensure complete protection:
- Per-person bodily harm liability coverage of $100,000.
- A maximum per-accident bodily injury liability of $300,000.
- Each accident's property damage liability is capped at $50,000.
- Each individual is covered for up to $100,000 if they are injured by a driver who does not have insurance.
- Uninsured motorist coverage of $300,000 per incident.
- Both collision and comprehensive insurance with a $1,000 deductible.
Wisconsin's Cheapest Vehicle Insurance
Before beginning our search for the most affordable vehicle insurance in Wisconsin, we consulted the most recent premium data from Quadrant Information Services, which we then used to compare policies from the state's five major insurers based on market share. We also checked reviews, ratings, and discounts from unbiased sources. Following is a list of what we found to be some of the most reasonably priced businesses in Wisconsin.
Only active duty military members, their families, and veterans can get auto insurance from USAA. You could get the lowest premiums in Wisconsin if you qualify for coverage. In addition, despite being ineligible for official ranking, J.D. Power frequently awards USAA top marks in customer satisfaction. Drivers who switch to USAA often see annual savings of over $700. Discounts are available for many factors, including safe driving, good grades, storing a vehicle on a military base, purchasing a brand-new vehicle, enrolling in a driver education program, maintaining low annual mileage, and being a loyal client.
Erie
Erie is well-known for its extensive protection, generous discounts, and affordable pricing. The average premiums for both the bare minimum and the maximum level of coverage offered by Erie are less than the corresponding figures for the state of Wisconsin. If you prefer dealing with your insurance requirements face-to-face, you may like that Erie sells its products through a nationwide network of 13,000 brokers.
Geico
Although Geico's full coverage premium is the highest on our list, it is still less than the statewide average in Wisconsin. It's also common knowledge that Geico provides numerous coupon codes that can be used for your policy. Insuring multiple vehicles or policies, serving in the armed forces, working for the federal government, installing particular safety features, and so on may all qualify you for discounts.
"State Farm"
State Farm is the largest insurance provider in the country, with 16.19% of the market share, and it is very popular in Wisconsin. State Farm and USAA share the title of having the most cost-effective average full coverage rate on our list, so consider them if you're shopping for the best deal.
Progressive
With approximately 20% market share, Progressive is Wisconsin's most popular auto insurer for private drivers. Progressive may be a fantastic choice if you seek affordable premiums alongside flexible coverage options and money-saving incentives.
Progressive provides additional auto insurance features such as loan/lease payback, coverage for custom components and equipment, and coverage for ridesharing services. Continuous coverage, online quotes and purchases, multiple-vehicle insurance, and automated payment withdrawals are all factors that could bring your premiums down.
Optional Car Insurance In Wisconsin
You can apply for coverage through the Wisconsin Automobile Insurance Plan if you cannot obtain auto insurance on the voluntary market due to a DUI, at-fault accident, low credit, or any other reason. Car insurance comparison tool if you need help sifting through the various local providers to get the most affordable policy.
Wisconsin Driver Minimum Coverage
Wisconsin, like the majority of other states, requires drivers to have auto insurance. All motorists must have at least the minimum level of liability coverage. Those who drive with the bare minimum of insurance coverage typically pay the lowest premiums. Nevertheless, there is more to consider than price when selecting auto insurance coverage. Unfortunately, Wisconsin does not mandate any particular level of insurance coverage. That minimum may need to be increased to cover the costs of an accident where you are found at fault.
