Madison homeowners get the best value from Chubb, which balances affordability with service quality. Your coverage choice should weigh premium costs against protection needs and claims support.
Best and Cheapest Home Insurance in Madison, WI (2025)
Updated: December 5, 2025
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Best HomeInsuranceMadison, WITable of Contents
Best Overall - Chubb
Best for Service - Chubb
Best Cheap - Chubb
Cheapest Overall - Chubb
Cheapest for High-Value Homes - Chubb
Cheapest for New Homes - Chubb
Why Trust MoneyGeek? MoneyGeek analyzed data from Wisconsin's Department of Insurance and Quadrant Information Services to identify Madison's best homeowners insurance providers. We compared rates, coverage options and customer satisfaction scores across major insurers.
Madison home insurance premiums reflect September 2024 market rates from top-rated carriers.
1,036,800
Quotes Analyzed
8
Companies Compared
Overview: Best Home Insurance Companies in Madison, WI
Chubb ranks as Madison's best home insurer with a MoneyGeek score of 99 out of 100 for properties with $100,000 dwelling coverage. Madison insurers scored between 52 and 99 in our analysis.
Your score varies based on your credit history, home age and other underwriting factors.
Data filtered by:
Best Overall
1 - $100K Dwelling
| Chubb | 99 | $350 |
| Nationwide | 77 | $578 |
| Foremost Insurance | 72 | $434 |
| American Family | 64 | $869 |
| State Farm | 62 | $894 |
| Auto-Owners Insurance | 61 | $1,054 |
| Allstate | 53 | $860 |
Overall Best Home Insurance in Madison, WI
Chubb leads Madison home insurers for properties with $100,000 dwelling coverage. The top two providers are:
- Chubb: MoneyGeek score of 99 out of 100 ($350 per year)
- Nationwide: MoneyGeek score of 77 out of 100 ($578 per year)
Chubb is the best home insurance provider in Madison because it offers affordability and strong customer satisfaction.
Best OverallChubb
MoneyGeek Score:
99/ 100
Overview
Chubb is the best company with high scores in affordability and satisfaction. It offers comprehensive home insurance coverage, including guaranteed replacement cost and building ordinance or law. Chubb provides discounts like protective device and new home, helping you save money. You can get a discount if your home is new or has security devices.
Chubb's coverages are useful for homeowners. Guaranteed replacement cost helps rebuild your home even if costs go over your policy limit. Building ordinance or law pays for updates to meet current codes. Cash settlement lets you choose not to rebuild and get a cash payout instead. These coverages offer flexibility and protection for your home.
Best Home Insurance for Customer Service in Madison, WI
Chubb offers the best option for home insurance in Madison, Wisconsin, for $100,000 dwelling coverage due to its excellent customer service. The top two providers are:
- Chubb: MoneyGeek score of 96 out of 100 ($350 per year)
- Auto-Owners: MoneyGeek score of 95 out of 100 ($1,054 per year)
Best for Service QualityChubb
MoneyGeek Score:
96/ 100
Overview
Chubb is the best for service quality, thanks to its high customer satisfaction and coverage scores. It offers comprehensive home insurance with guaranteed replacement cost and building ordinance or law coverages. You can save with discounts like new home and home renovation. These discounts help if your home is new or recently renovated.
Chubb's coverage includes cash settlement, which is useful if you choose not to rebuild after a loss. Building ordinance or law helps bring your home up to code after damage. Guaranteed replacement cost ensures your home is rebuilt to its original state, even if costs exceed your policy limit.
Best Cheap Home Insurance in Madison, WI
MoneyGeek found that Chubb is the best cheap home insurance company in Madison, Wisconsin for $100K dwelling coverage. The top two best cheap insurance providers for $100K dwelling coverage are:
- Chubb: MoneyGeek score of 99 out of 100 ($350 per year)
- Foremost Insurance: MoneyGeek score of 81 out of 100 ($434 per year)
When it comes to the average cost of homeowners insurance in Wisconsin, Chubb stands out due to its high affordability and decent customer satisfaction scores. However, choosing cheap home insurance often means settling for lower coverage; this might leave you unprotected if an accident occurs.
In situations where saving on premiums takes precedence, considering the cheapest homeowner insurance companies could be helpful. What makes the best cheap different from the cheapest home insurance is its balance of cost and other factors like customer satisfaction.
Best CheapChubb
MoneyGeek Score:
99/ 100
Overview
Chubb scores high on affordability and coverage, making it a top choice. It offers comprehensive home insurance with guaranteed replacement cost and building ordinance or law coverages. You can save with discounts like new home and home renovation. For example, if your home is less than 10 years old, you might qualify for a discount. Chubb's coverages like cash settlement are useful if you decide not to rebuild after a loss. These options help protect your home and save money.
Estimate Your Madison Home Insurance Costs Online
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$220
High
$144
Average
$104
Low
Rates updated:
Dec 18, 2025
In Madison, many factors affect homeowners insurance, including location. Comparing rates is the best way to save money, but it may take over an hour as each company's quote might take around 15 minutes, and comparing three or more companies is recommended. Use MoneyGeek’s home insurance calculator to save time by focusing on key factors: age, dwelling coverage, credit score, deductible, liability coverage, and more.
Cheapest Home Insurance in Madison, WI
MoneyGeek found that Chubb offers the cheapest homeowners insurance in Madison, Wisconsin. The main factor that affects your home insurance cost is the dwelling coverage you select. Here are the overall cheapest providers by coverage:
- For 100K Dwelling Coverage: Chubb: $350 per year
- For 250K Dwelling Coverage: Chubb: $828 per year
- For 500K Dwelling Coverage: Chubb: $1,572 per year
Chubb maintains the lowest premiums in Madison at every coverage tier while earning high customer satisfaction scores. Opting for the cheapest homeowners insurance in Wisconsin helps in managing your finances effectively.
Data filtered by:
$100K Dwelling
| Chubb | $350 |
| Foremost Insurance | $434 |
| Nationwide | $578 |
| Allstate | $860 |
| American Family | $869 |
| State Farm | $894 |
| Auto-Owners Insurance | $1,054 |
Cheapest Home Insurance for High-Value Homes in Madison, WI
Chubb offers the cheapest home insurance for high-value homes in Madison, Wisconsin. High dwelling coverage is necessary for homes that cost more to replace, and home insurance costs often rise with these values.
- Cheapest for $750K Dwelling Coverage: Chubb: $2,279 per year
- Cheapest for $1M Dwelling Coverage: Allstate: $2,926 per year
Chubb stands out as the lowest-priced option in Madison due to its competitive premiums for high-value homes. According to MoneyGeek, although Chubb may not top score in all areas, it combines favorable pricing with high overall performance in its category.
Data filtered by:
1 - 750K dwelling
| Chubb | $2,279 |
| Allstate | $2,307 |
| Foremost Insurance | $2,749 |
| Auto-Owners Insurance | $3,182 |
| American Family | $3,264 |
| Nationwide | $3,711 |
| State Farm | $3,782 |
Cheapest Home Insurance for New Homes in Madison, WI
Chubb offers the cheapest home insurance for new homes in Madison, Wisconsin.
- Cheapest for $100K Dwelling Coverage: Chubb: $260 per year
- Cheapest for $250K Dwelling Coverage: Foremost Insurance: $583 per year
- Cheapest for $500K Dwelling Coverage: Allstate: $862 per year
Chubb stands out in Madison for its low cost on $100K dwelling coverage. However, being the cheapest does not mean it's the best choice according to MoneyGeek scores.
It's also important to ensure that you are adequately covered.
Data filtered by:
1 - $100K Dwelling
| Chubb | $260 |
| Foremost Insurance | $264 |
| Nationwide | $381 |
| Allstate | $495 |
| State Farm | $556 |
| American Family | $578 |
| Auto-Owners Insurance | $897 |
How to Find the Best Home Insurance for You in Madison, WI
Finding affordable homeowners insurance in Madison requires comparing coverage options, premiums and customer service quality. Follow these steps:
- 1Evaluate Your Insurance Needs
To determine how much home insurance coverage you need, calculate your home's rebuilding cost, personal property value and liability requirements.
- 2Compare Different Providers
Research insurers' financial stability, customer reviews and service ratings.
- 3Compare Coverage and Costs
Once you identify your needs, compare home insurance quotes. Madison premiums for $100K dwelling coverage range from $350 to $860 annually.
- 4Ask About Discounts
Request quotes for bundling policies, security systems and claims-free discounts.
- 5Increase Your Deductible
Opting for a higher home insurance deductible can reduce your premium. Ensure it's an amount you can manage if a claim arises.
- 6Improve Home Security
Home security systems and deadbolt locks can reduce premiums.
- 7Maintain Good Credit
Your credit score affects insurance rates in Wisconsin. Pay bills on time and reduce debt.
- 8Bundle Policies
Combine home and auto insurance with one insurer for multi-policy discounts.
FAQ: Best Cheap Home Insurance in Madison, WI
The best cheap home insurance provider for you in Madison depends on your coverage needs and budget. Get answers to some of the most commonly asked questions about the best cheap insurance rates in Madison, Wisconsin.
How much is home insurance in Madison, Wisconsin, on average?
The average home insurance premium in Madison, Wisconsin, is $564.
What is the cheapest home insurance company in Madison, Wisconsin?
The cheapest home insurance company in Madison is Chubb with an annual premium of $350.
What is the best home insurance company in Madison, Wisconsin?
The best home insurance in Wisconsin for Madison residents is provided by Chubb, with a MoneyGeek score of 99 out of 100.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
He writes about economics and insurance, breaking down complex topics so people know what they're buying.