Car insurance is a necessity for drivers in Wisconsin, but finding affordable coverage can sometimes be a challenge. In 2024, the average cost of car insurance in the state is $47 per month for minimum coverage and $167 per month for full coverage. These rates have seen an 18% increase over the last year, making it more important than ever for drivers to shop around for the best deals.
When it comes to finding cheap car insurance in Wisconsin, there are a few key takeaways to keep in mind. Rural Mutual, Geico, and Erie Insurance are often the cheapest insurers for many Wisconsin drivers. However, the best provider for you may vary depending on your specific driver profile, such as age, driving record, and credit score.
For example, Rural Mutual offers the cheapest rate estimates for minimum coverage policies at $23 per month, while Geico has the lowest rates for full coverage at $112 per month. Young drivers, seniors, and those with speeding tickets, accidents, or DUI convictions can also find affordable coverage from specific providers.
It’s important to note that while minimum liability coverage is the cheapest option, it leaves you financially vulnerable in the event of an accident. Full coverage policies provide more comprehensive protection for you and your vehicle, but come at a higher cost.
To get the best rates on car insurance in Wisconsin, consider taking advantage of discounts offered by insurance companies. These discounts can include multi-policy, multi-vehicle, safe driver, good student, and more. Additionally, adjusting your coverage limits, increasing your deductible, and participating in telematics programs can help lower your premiums.
Shopping around for car insurance quotes from multiple providers is also crucial in finding the most affordable coverage. By comparing rates and coverage options, you can ensure that you are getting the best deal possible. Remember that the cheapest car insurance provider for one driver may not be the cheapest for another, so it’s important to explore your options.
In conclusion, while car insurance rates in Wisconsin have increased, there are still ways to find affordable coverage. By understanding the key takeaways, exploring different providers, and taking advantage of discounts and programs, drivers can secure the best rates for their individual needs.