Cheapest Homeowners Insurance in Wisconsin (2024 Rates)

In Wisconsin, you'll find a range of home insurance choices to suit your needs and budget. Chubb stands out as the most affordable option overall, and it also offers great rates for new homes. Auto-Owners Insurance, however, is your top pick for high-value homes, while Nationwide is the go-to insurer for those with poor credit.

Chubb offers Wisconsin's most affordable home insurance for $100K in dwelling coverage at $431 per year. Note that premiums vary in price based on dwelling coverage limits, among other aspects.

Compare the cheapest premiums in Wisconsin for varying dwelling coverage limits:

• Cheapest for $100,000: Chubb at $431 per year
• Cheapest for $250,000: Chubb at $1,030 per year
• Cheapest for $500,000: Allstate at $1,646 per year

Find cheap home insurance using MoneyGeek's table and see how rates change by dwelling coverage.

Seeking affordable home insurance in Wisconsin typically means comparing quotes from various companies. MoneyGeek’s home insurance calculator helps you get Wisconsin quotes quickly without having to provide personal details at the outset.

In Wisconsin, Auto-Owners Insurance offers the lowest premium for high-value homes at $2,153 per year for $750K in dwelling coverage. Homes of higher value may cost more to rebuild, which requires more dwelling coverage. Higher limits, however, can increase your costs.

Check the most affordable insurers for higher dwelling coverage limits:

• Cheapest for $750,000: Auto-Owners Insurance at $2,153 per year
• Cheapest for $1,000,000: Allstate at $2,990 per year

Make sure to purchase dwelling coverage equal to the replacement cost of your home rather than its property value. Use MoneyGeek's table to compare costs by dwelling coverage for higher limits.

For newer homes in Wisconsin, Chubb offers the lowest premium at $318 per year for a policy with $100K in dwelling coverage. Modern construction and high-quality materials can lower insurance costs as these new homes are less likely to be damaged.

Find the cheapest premiums for each dwelling coverage here:

• Cheapest for $100,000: Chubb at $318 per year
• Cheapest for $250,000: Allstate at $593 per year
• Cheapest for $500,000: Allstate at $827 per year

Look at how costs can change for new homes based on dwelling coverage limits in our table below.

Nationwide offers the cheapest home insurance for those with a poor credit score in Wisconsin at $994 annually for $100K in dwelling coverage. Credit scores are a significant factor for insurance companies as they show the policyholder's risk of defaulting on payments.

Check the cheapest home insurance providers in Wisconsin for those with poor credit:

• Cheapest for $100,000: Nationwide at $994 per year
• Cheapest for $250,000 Nationwide at $1,878 per year
• Cheapest for $500,000 Nationwide at $3,617 per year

Having a poor credit score significantly increases your premium compared to having good credit. For instance, homeowners in Wisconsin with poor credit pay an average of $910 more per year compared to those with good credit for $100K in dwelling coverage.

If you've had at least one claim in the past five years, Chubb offers Wisconsin's most affordable home insurance at $431 per year for $100K in dwelling coverage. It is common for insurance companies to use your claims history to determine your premiums since it can provide insight into the likelihood of future claims.

Take a look at the cheapest options for those with one claim in the past five years in Wisconsin:

• Cheapest for $100,000: Chubb at $431 per year
• Cheapest for $250,000: Chubb at $1,030 per year
• Cheapest for $500,000: Allstate at $1,646 per year

Past claims you've made affect your home insurance costs. To compare, homeowners with two claims pay an average of $237 more than those with zero claims. Minimizing claims is visibly significant to keep your insurance premium lower.

Home and roof materials also affect the cost of home insurance. In Wisconsin, for example, Chubb offers a $431 annual premium for those with a frame construction type and shake-treated roof for $100k dwelling coverage.

See how it differs for each dwelling coverage limit:

• Cheapest for $100,000: Chubb at $431 per year
• Cheapest for $250,000: Chubb at $1,030 per year
• Cheapest for $500,000: Allstate at $1,667 per year

Having a home built with better materials can result in lower premiums. For instance, opting for superior construction with a tile roof in Wisconsin tends to reduce insurance premiums by around $63 annually compared to frame-type homes with a shake-treated roof.

You could potentially save hundreds of dollars each year by changing your deductible. For instance, a policy with $100K in dwelling coverage and a $2,000 deductible is cheapest with Chubb at $414 annually. On the other hand, the same policy with a $500 deductible is cheapest with Nationwide, costing an average of $600 per year.

Compare the cheapest insurance provider for each deductible amount:

• $2000 deductible: Chubb at $414 per year
• $1500 deductible: Chubb at $431 per year
• $1000 deductible: Chubb at $431 per year
• $500 deductible: Nationwide at $600 per year

In home insurance, a deductible is what you pay before insurance coverage kicks in. In Wisconsin, opting for a $2,000 deductible over a $500 deductible can save you an average of $92 per year. Look at how rates change based on your deductible in the table below.

Wisconsin's most affordable home and auto bundle policy is from State Farm, with an annual premium of $1,618. By bundling home and auto insurance, you can secure significant discounts.

Check out other budget-friendly options:

• State Farm at $1,618 per year
• Nationwide at $1,752 per year
• Farmers at $1,774 per year

Alongside savings, bundling provides the ease of managing both policies under the same insurer. It offers a streamlined insurance process that enhances communication and policy management. Explore the best Wisconsin insurance bundle to discover more benefits.

Chubb is the cheapest home insurance provider in most Wisconsin cities, offering rates from $350 to $489. Cost variations across cities hinge on elements like local building codes, crime statistics and weather-related risks.

• For instance, Madison has the lowest annual premium for its cheapest company, Chubb, at $350.
• Conversely, Milwaukee has the most expensive annual premium for the most affordable company, also Chubb, at $489.

It is crucial to shop around since insurers often tailor their rate calculations to specific geographic areas, allowing for potential savings.