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Average Cost of Car Insurance in Madison

Madison$712
Wisconsin$933
U.S.$1,424

Car insurance in Madison costs far less than the state and national averages. Drivers in this city typically pay about 23.6% less than the average Wisconsin driver and about 50% less than the national average rate.

Car insurance rates will vary with each driver. Every motorist has a personalized profile that factors into their insurance premium. If you’re looking for the best car insurance quotes in Madison, you'll need to understand what risk factors an insurance company will see in you. The more risk factors you have, the higher your rate will be.

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The Best Cheap Car Insurance Companies in Madison

The best average car insurance rates in Madison come from GEICO at an average of $426 per year — a 151.4% difference compared to the most expensive premium, which comes from MetLife. However, note that car insurance rates also depend on your driving history. Drivers can expect their rates to skyrocket if they have any existing violations or at-fault traffic accidents.

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Personalized Quotes to Get You the Cheapest Car Insurance in Madison

Car insurance companies in Madison offer rates that vary with every driver’s profile. Some of the factors include your ZIP code, credit score, miles driven per year, make and model of the vehicle and driving history.

The best, most accurate insurance premiums are only possible with a personalized quote. Make sure to request custom quotes regularly to see if you qualify for discounts or rebates.

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Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.

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Cheapest Car Insurance in Madison by Coverage Amount

How much car insurance coverage you purchase in Madison also affects how much your policy will cost. Coverage includes required liability coverage and optional items like collision, comprehensive, and deductibles.

Visit these guides to learn more:

Wisconsin Minimum Liability Requirements

  • Item
    Description
  • Bodily Injury and Property Damage
    $25,000 per person, $50,000 per accident and $10,000 for property damage. A more protective level is 100/300/100.
  • Uninsured Motorist
    $25,000 per person and $50,000 per incident. The minimum coverage may not be enough if you're in a serious accident.

Car insurance companies in Madison offer varying limits for different types of coverage. GEICO and AAA have the cheapest state minimum liability-only coverage at $231, on average, per year. AAA offers the cheapest 50/100/50 liability-only policy, but GEICO has the most inexpensive full-coverage plan.

The numbers 50/100/50 mean that the policy covers $50,000 in injuries per person, up to $100,000 per vehicle, with $50,000 of coverage for property damage.

Average Car Insurance Premiums by Coverage Type

Liability Only
Full Coverage
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Cheapest Car Insurance in Madison if You Have Tickets

A driver’s history significantly affects the cost of annual premiums. The general difference in cost will vary depending on your violations.

GEICO offers some of the biggest differences between drivers with violations and those with clean records. They charge $426 per year, on average, for a driver with a clean record, while a DUI sees an average increase to $1,079.

Average Cost of Car Insurance by Postal Code

Typically, your location and ZIP code are crucial factors that affect your annual premiums. Some ZIP codes have higher costs due to increased rates of uninsured drivers or high auto theft rates.

In Madison, however, there is hardly any difference between ZIP codes, as there is just an average $4 difference between the most and least expensive neighborhoods for auto coverage.

  • Zip Code
    State Minimumper year
  • 53711
    $711
  • 53704
    $712
  • 53719
    $715

Factors That Impact Insurance Costs in Madison

In addition to individual driver needs and history, location-specific factors like the percentage of uninsured motorists and the rate of car thefts also contribute to car insurance rates in Madison. How Madison ranks compared to the 300 most populous cities in the United States can have a significant impact on premium costs.

accident2 icon
Most Accidents With Fatalities276th/300
handcuffs2 icon
Most Car Thefts36th/300
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Most Uninsured Motorists by State15th/50
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Personal Injury Protection RequiredNo
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Most Annual Rainfall165th/300
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Most Rainy Days66th/300

Shopping around for car insurance in Madison could save you $286, which is enough to buy:


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95Cups of Coffee
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22Months of Your Favorite Streaming Service

Methodology and Assumptions

MoneyGeek’s average premium rates for Madison are based on 100/300/100 comprehensive collision coverage with a $1,000 deductible for a 40-year-old male driver. The average driver profiled drives a 2010 Toyota Camry LE and has no tickets or accidents on their record. Additional premiums are added based on coverage type, location and driving record. Learn more about MoneyGeek’s data and methodology here.

Compare Car Insurance Rates in Madison

Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.

Insurance Rates

About the Author


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The MoneyGeek editorial team has decades of combined experience in writing and publishing information about how people should manage money and credit. Our editors have worked with numerous publications including The Washington Post, The Daily Business Review, HealthDay, and Time, Inc., and have won numerous journalism awards. Our talented team of contributing writers include mortgage experts, veteran financial reporters, and award-winning journalists. Learn more about the MoneyGeek team.