How Much Is Car Insurance in Wisconsin? (July 2024)

In Wisconsin, drivers can expect to spend an average of $1,022 a year on full coverage car insurance. Those who choose basic insurance with higher limits pay an average yearly cost of about $524, while minimum coverage policies cost around $403 annually.

The price you pay for car insurance is based on several factors, including your age, the level of protection you pick, where you live, your driving record, and your money management habits. These elements are crucial in determining whether your policy will be at the lower or higher end of the cost spectrum. Choosing the right option matters for both safety and savings.

Wisconsin's average full coverage car insurance cost is $1,022 annually or $85 monthly. Understanding average car insurance costs in your state helps you evaluate if you're receiving a fair quote. By comparing car insurance quotes, you can find the right balance of cost and coverage.

Here's a quick look at average auto insurance rates in Wisconsin. This guide highlights what you might pay for minimum coverage and full coverage plans each month and year.

Car insurance in Wisconsin is generally considered affordable compared to rates in other states. The average annual premium for state minimum coverage is $403, which breaks down to about $34 per month. Comparatively, the national average cost of car insurance is $595 annually or $50 monthly for similar coverage. This means that Wisconsin residents pay less for their car insurance.

The affordability can be attributed to factors like Wisconsin's lower-than-average number of uninsured motorists, moderate traffic congestion, and lower vehicle theft rates compared to other states.

Car insurance premiums differ from company to company, even within the same state. For instance, in Wisconsin, AAA offers the most affordable full coverage at an annual premium of $466, while Dairyland ranks as the priciest average premium, charging $2,173 annually.

Understanding the variations in pricing is why it's important to compare car insurance quotes. Securing the cheapest car insurance in Wisconsin can significantly save you money. Each provider assesses risk differently, resulting in diverse prices for similar coverage levels, so taking the time to shop around is essential.

Car insurance costs in Wisconsin are also impacted by the insurance coverage levels selected. Minimum coverage averages $34 monthly, while full coverage with a $1,000 deductible typically costs about $85 monthly. Despite the higher price tag, full coverage is often recommended due to its comprehensive financial protection against various risks on the road. For more details on the benefits, consider checking full coverage insurance.

By opting for comprehensive and collision coverage, premiums will increase, yet selecting a higher deductible can offset some of this additional cost. Remember, the deductible applies individually to each comprehensive and collision claim you file.

In Wisconsin, drivers are required to have minimum car insurance requirements, which include $25,000 for bodily injury per person, $50,000 for bodily injury per accident, $10,000 for property damage per accident and uninsured/underinsured motorist coverage of $25,000 per person and $50,000 per accident.

Your Wisconsin address can heavily impact your car insurance premiums. Full coverage in Green Bay costs $850, while Milwaukee's is $1,477.

Car insurance costs in Wisconsin are influenced by driving records, the age of the driver and the car’s make and model.

In Wisconsin, age influences car insurance costs. Younger drivers typically face the highest premiums. Drivers aged 22 to 29 pay an average annual premium of approximately $1,346 for car insurance.

Costs decline with age, reflecting experience and decreased risk. Individuals aged 60 and older enjoy more affordable options with lower rates around $998 annually.

Age and gender impact car insurance rates in Wisconsin. The average annual cost for a 16-year-old male driver added to a family policy is $2,423, which is often the highest premium encountered among all age groups.

Teenagers under 18 typically need a parent or guardian to co-sign for car insurance, making individual policies less common. However, should a 16-year-old male opt for his own policy, the premium spikes to $5,777.

The average annual cost of full coverage car insurance for a 2012 car model is $940, whereas a 2022 model with the same coverage jumps to $1,327. This substantial increase is due to factors such as the higher actual cash value of newer cars, the greater expense associated with their repairs and an elevated risk of theft.

Experts advise that drivers of new car models should consider comprehensive and collision coverage, which can financially protect against diverse damages and loss, extending farther than state minimum coverage provides.

Drivers in Wisconsin feel the impact of their driving record on their car insurance costs. Here's what the average premiums look like based on your driving history:

• With a ticket: $1,335 per year; $111 per month
• With an at-fault accident: $1,528 per year; $127 per month
• With a DUI: $1,563 per year; $130 per month

If you've made a driving mistake in Wisconsin, expect your premium to increase. The more severe the violation, the more you'll pay. Your rates will be influenced as long as the violation stays on your record. This duration can change depending on where you live.

For instance, a DUI in Wisconsin stays on your driving record for 10 years, affecting your insurance premiums for a decade. Meanwhile, a speeding ticket might affect your rates for a shorter period.

While a DUI usually hikes up your insurance costs more than other offenses, some insurance companies might evaluate different violations uniquely, leading to unexpected cost variations for other offenses.

To discover how much your car insurance might cost in Wisconsin, you can look at our handy table. It sorts the average insurance rates by coverage AppCompatActivityType and age group for various driving records.

Your credit score can significantly influence your car insurance expenses. For example, an individual with an excellent score pays an average annual premium of $654, while someone with a poor score may shell out $1,565.

Credit score impacts your rate because insurers view it as a predictor of risk. In general, a good credit score ranges from 670 to 739, while excellent scores are 740 and above. Lower scores, categorized as fair (580-669) or poor (below 580), often lead to higher premiums.

These are the key elements that influence your car insurance premiums in Wisconsin:

• Driving Record: A clean driving record can result in lower car insurance rates, while tickets and accidents typically lead to higher premiums.

• Credit Score: Insurers often use credit scores as an indicator of risk; a higher score may equate to lower car insurance costs in Wisconsin.

• Age and Gender: Younger drivers and males usually face higher rates due to a perceived increased risk of accidents.

• Vehicle Type: The make, model and age of your car can affect insurance rates. Newer, expensive cars might be costlier to insure.

• Location: Your ZIP code matters, as areas with higher crime or accident rates might see increased car insurance prices.

• Mileage: The more you drive, the higher the risk of an accident, potentially leading to increased insurance rates.

• Collision Insurance: Adding collision coverage to your policy can protect you against vehicle damage costs but may raise your premium.

• Comprehensive Insurance: Opting for comprehensive coverage provides wider protection, including theft and natural disasters, which might influence your rate.

• Coverage Level: Opting for more than the state minimum coverage can provide better protection but will also increase your insurance costs.

Keep these factors in mind to understand and possibly reduce your car insurance rates in Wisconsin.

To secure affordable car insurance in Wisconsin, compare quotes, increase your deductible and harness all eligible discounts for immediate savings. These strategies can effectively reduce your premiums for minimum coverage or comprehensive policies.

Understanding the average cost of car insurance in Wisconsin is important for budgeting and financial planning. Accurate information can help you make informed decisions about the coverage you need and can afford.