BestCar InsuranceMilwaukeeThe Best Car Insurance in Milwaukee, WI, for 2023
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Ensure you're getting the best rate. Review quotes from a top insurance company.
MoneyGeek’s research shows that Erie offers the best car insurance in Milwaukee. However, the best option for you might differ depending on your age and background. We researched the best companies for young and senior drivers and those with driving violations or military backgrounds.
If you’re looking to save money on car insurance, MoneyGeek has resources for the cheapest car insurance in Milwaukee.
BestCar InsuranceMilwaukeeThe Best Car Insurance in Milwaukee
Overall - Erie
Minimum Coverage - Erie
Young Drivers - Erie
Senior Drivers - Erie
Driving Violations - Erie
Military - USAA
Best Car Insurance Companies in Milwaukee: Overall
MoneyGeek analyzed claims ratings, average rates and customer satisfaction to rank the best car insurance companies in Milwaukee. They are:
- Erie: 82 out of 100
- American Family: 80 out of 100
While USAA wasn’t included in this analysis because it is only available to eligible military members, the company received a MoneyGeek score of 100 out of 100, making it the best car insurance company in Milwaukee with a military background.
The Top Car Insurance Companies in Milwaukee
1
ErieOverall
Score:82
On average, it costs $896 per year for a full coverage policy from Erie for a 40-year-old driver. It got a perfect customer satisfaction score and a very high claims score while ranking second-highest for affordability. Erie offers add-on better car replacement coverage.
More About Erie
Erie offers better/new car replacement add-on coverage, which gets you the latest model year or a car two years newer if your car is totaled. Plus, if you remain claims-free with Erie for three years, there is no premium increase after your first at-fault accident.
Read MoneyGeek's Erie auto Insurance Review2
American Family
Score:80
American Family’s full coverage policy in Milwaukee costs around $810 annually for a 40-year-old driver. The company has high customer satisfaction and claims scores and the highest rating for affordability. American Family offers original equipment manufacturer add-on coverage.
More About American Family
American Family offers original equipment manufacturer (OEM) add-on coverage, ensuring no use of aftermarket parts if your car gets into an accident and needs repairs. The company also gives you the option to add rideshare insurance to your policy, protecting your vehicle while working for a ridesharing company like Uber or Lyft.
Read MoneyGeek's American Family auto Insurance ReviewRESOURCES ON CAR INSURANCE IN MILWAUKEE, WISCONSIN
MoneyGeek found the cheapest car insurance companies in Milwaukee for drivers looking to save money. We have the following guides to uncover more about car insurance in Wisconsin:
Best Cheap Car Insurance for Minimum Coverage in Milwaukee
MoneyGeek researched the companies that offer an auto insurance policy that meets Wisconsin's minimum coverage requirements to uncover which provide the best and most affordable state minimum coverage in Milwaukee. They are:
- Erie: 84 out of 100
- GEICO: 80 out of 100
MoneyGeek scored these companies highest after considering policies of drivers with different backgrounds, including those of different ages and with violations.
MoneyGeek’s Pick: Erie
pros
Around $409 per year for a minimum coverage policy
Offers bundling, pay-in-full and legacy discounts
MoneyGeek customer satisfaction rating of 5 out of 5
MoneyGeek claims rating of 4.5 out of 5
cons
Doesn’t offer a safe driving discount
COMPANY HIGHLIGHTS
Erie offers a discount to policyholders who have a car with airbags, anti-lock brakes or an anti-theft system. You might also be eligible for a discount when bundling your auto policy with another or paying your premium in full. Erie offers a rare discount to young, unmarried drivers that were insured for many years with the company on another auto policy.
Best Car Insurance for Young Drivers in Milwaukee
MoneyGeek determined the best car insurance companies in Milwaukee for young drivers. The following insurers offer the best affordable policies in Milwaukee for young drivers:
- Erie: 92 out of 100
- American Family: 86 out of 100
After considering different policy coverages and driving histories for 18-year-old drivers, MoneyGeek scored these companies the highest.
Insurance companies generally charge higher auto insurance rates for young and student drivers because they have less experience on the road and may be more likely to cause an accident.
MoneyGeek’s Pick: Erie
pros
Affordable full coverage policy for a safe young driver averages $2,033 per year
Offers distant student, driver’s education and young safe driver discounts
MoneyGeek customer satisfaction rating of 5 out of 5
MoneyGeek claims rating of 4.5 out of 5
cons
No good student discount
COMPANY HIGHLIGHTS
It’s generally expensive to add a young driver to an auto policy; however, Erie offers affordable policies to teen drivers with excellent service quality. The company provides a discount to drivers under 21 who complete an accredited driver training course or are unmarried and live with their parents. If a student lives away from home while in college without a car, they can also get a discount.
Plus, with Erie’s add-on accident forgiveness coverage, there won’t be any surcharge for the first at-fault accident after remaining claims-free for at least three years.
Best Car Insurance for Senior Drivers in Milwaukee
MoneyGeek’s research shows that the following companies have the best car insurance for senior drivers in Milwaukee:
- Erie: 83 out of 100
- State Farm: 81 out of 100
We came up with the scores after considering different policy coverages and driving histories for 70-year-old drivers.
Seniors buying car insurance in Milwaukee often pay a higher rate than middle-aged drivers.
MoneyGeek’s Pick: Erie
pros
Affordable full coverage policy for safe senior drivers at roughly $941 per year
MoneyGeek customer satisfaction rating of 5 out of 5
MoneyGeek claims rating of 4.5 out of 5
cons
Does not offer a senior driver or defensive driving discount
COMPANY HIGHLIGHTS
While there is no difference between an auto insurance policy for seniors compared to other drivers, some insurers may charge higher rates to older drivers. However, Erie offers affordable rates and coverages seniors appreciate.
Erie has unique add-on coverages like accident forgiveness, which stops your premium from increasing if you cause an accident, and new car replacement, which helps you get money for a new car of the same make and model if yours is totaled.
Best Car Insurance With a Driving Violation in Milwaukee
MoneyGeek researched the best companies in Milwaukee for drivers with driving violations like an at-fault accident. Our research shows that the following companies offer the best auto insurance for an at-fault accident in Milwaukee:
- Erie: 88 out of 100
- American Family: 86 out of 100
We rated these companies after considering different policy coverages and drivers of different ages.
Insurers generally charge higher car insurance rates with a bad driving record.
MoneyGeek’s Pick: Erie
pros
Affordable full coverage policy for a 40-year-old with an accident on their record at around $1,117 per year
Offers better car replacement and new car replacement add-on coverage
MoneyGeek customer satisfaction rating of 5 out of 5
MoneyGeek claims rating of 4.5 out of 5
cons
No discount for paperless billing
COMPANY HIGHLIGHTS
Since insurers usually charge higher rates to drivers with a bad record, you can benefit significantly from Erie, which offers affordable rates and excellent service. The company provides better car replacement and new car replacement add-on coverages, which help you replace your car if it gets totaled.
Erie also offers a discount to drivers of cars with airbags, anti-lock brakes or an anti-theft system. You can also save money on your policy by paying your annual premium in full or bundling your auto policy with another or insuring multiple cars.
Best Car Insurance With a Military Background in Milwaukee
The best car insurance company with a military background in Milwaukee is USAA. The company offers an outstanding balance of affordability and customer satisfaction for eligible military drivers because it only serves them and their needs.
USAA received a MoneyGeek score of 100 out of 100. We scored the company after analyzing different driver backgrounds, including young and older drivers and those with violations and varying coverage levels.
MoneyGeek’s Pick: USAA
pros
Affordable full coverage policy for 40-year-olds at around $470 per year
MoneyGeek claims and customer satisfaction rating of 5 out of 5
Offers five of the most common discounts, including bundling, multiple car and safe driving
cons
Policies are only available to active or former military and their families
Only offers three of the most common add-on coverages; missing new car replacement and gap insurance, for example
COMPANY HIGHLIGHTS
USAA offers affordable rates and quality service, making it the best option for military drivers in Milwaukee. The company doesn’t have many add-on coverages, but roadside assistance coverage is available, which helps you get back on the road after car trouble. It also has add-on rental car and/or travel reimbursement that covers the cost of a rental car while your vehicle is getting repaired after a claim.
Plus, with USAA, there won’t be a surcharge on your first at-fault accident if you were claims-free for the five years prior. The company also offers many discounts, including vehicle storage of an insured car, a new vehicle discount and a discount if you garage your car on base.
Methodology
MoneyGeek researched the best car insurance companies in Milwaukee, Wisconsin, by collecting quotes and analyzing scores from J.D. Power, AM Best and the National Association of Insurance Commissioners (NAIC).
We determined the best car insurance companies in Milwaukee for different driver profiles by applying the following weightings for each category:
- Affordability (70%): MoneyGeek did a comparison of different insurers in Milwaukee and gave each insurer an affordability score, scaled to five points. The insurer offering the cheapest policy could receive a perfect score of five.
- Customer and claims satisfaction (20%): MoneyGeek analyzed customer satisfaction and claims satisfaction surveys from J.D. Power to score companies for these categories. These scores were scaled one to five and weighted at 10% each.
- Financial stability (10%): MoneyGeek evaluated AM Best scores for each company, which show how likely an insurer can pay claims when facing adverse financial conditions.
MoneyGeek scaled each score to five points and then scaled the overall score to 100 points. We determined the affordability score after considering different factors, including driver ages, driving record and coverage levels. The blend of drivers was changed to appropriately reflect each category.
The average premiums for a full coverage policy include the following limits:
- $100,000 bodily injury liability per person
- $300,000 bodily injury liability per accident
- $100,000 property damage liability
- Comprehensive and collision coverage with a $1,000 deductible
For more information, you can read a detailed explanation of MoneyGeek’s methodology.
About Mark Fitzpatrick
