Wisconsin car insurance is important for those who wish to drive on Wisconsin roads. Auto insurance can help ensure that you and your family will be financially protected in the event of an accident or if legal action is required against you after a traffic violation. Fortunately, it seems as though finding affordable coverage in Wisconsin is not too difficult.
Wisconsin requires all drivers to carry at least $25,000 of bodily injury liability per person and $50,000 per accident. This means that if you are responsible for an accident in Wisconsin where there is more than one injured party your insurance would need to cover the damage done up to those amounts. You will also be required to purchase $10,000 worth of property damage for each accident.
Wisconsin also requires all drivers to carry uninsured/underinsured motorist coverage of $25,000 per person and $50,000 per accident. This means if someone is injured in an accident caused by another driver without car insurance who does not have the funds to pay for the damage they have done you will be covered up to the amounts listed.
Wisconsin does not require car insurance companies to offer medical payments or no-fault policy coverage, so you may want to consider purchasing this type of coverage if it is available in your state. No fault covers damage done to your vehicle by another driver while you are driving. Medical payment coverage covers medical expenses for you and your passengers that result from an accident.
Wisconsin car insurance rates are about average compared to other states in the country, but this does not mean that every driver is paying the same rate. Many factors determine how much a policyholder will have to pay for their premiums in Wisconsin. Some of these include:
- Driving history – those convicted of traffic violations, such as speeding or reckless driving, may find their rates higher than those with a clean record. However, drivers who fall into this category can decrease their premiums by attending defensive driving courses and completing safety coursework.
- Credit history – drivers who have good credit will likely see their rates decrease if they choose to purchase their policy online. Those with poor or limited credit may find securing coverage at any price more difficult.
- Annual mileage – the amount of driving you do each year can impact your premiums in Wisconsin. Those who drive fewer miles will pay less than those who rack up a significant amount of annual mileage.
- Personal factors – this category includes the make and model of your car, your age, your occupation, how many people drive in your home, where you live, and other similar factors.
If you are planning on purchasing a new policy for yourself or your family it is advisable to do some comparison shopping in order to find the cheapest car insurance in Wisconsin. You will want the most affordable rates for your family’s coverage needs, not just a single policy.
To increase your chances of savings you should shop around and compare quotes from different companies before making a final decision. Many online companies will offer free quotes to drivers in Wisconsin, which you should take advantage of. You can also get a quote from an agent who will help you locate the cheapest car insurance in Wisconsin for your specific situation.
Wisconsin is unique when it comes to car insurance rates because there are no car insurance laws that require companies to use the credit histories of their customers when determining rates. Some insurance companies in the state do use this information, but it is not required of them by law. This means that some Wisconsin residents may be offered lower rates because of their strong credit history while others with poor or limited credit will not be able to get the same terms on an affordable policy.
Wisconsin does not require drivers to carry uninsured motorist coverage, but it is advised that you do so in order to protect yourself against uninsured or underinsured drivers. This type of insurance allows the policyholder to file a claim if they are involved in an accident with another driver who either has no car insurance or does not have enough coverage to pay for the damage they have caused.
Drivers in Wisconsin can purchase uninsured motorist coverage from their car insurance companies, but it is not required of them by law. Wisconsin residents can also save money by purchasing a policy for an entire year instead of just a few months at a time. This type of policy will require you to pay all your premiums upfront, but it can be well worth the cost if you can obtain a cheap policy.
You should also take advantage of any discounts that are being offered by car insurance companies in Wisconsin, such as:
- Senior citizens – drivers at least 55 years old and retired may qualify for a discount. Those who hold a permit for driving with an instructor may also receive a break.
- Inexperienced drivers – those who have just gotten their first driver’s license or have been driving for less than two years may also qualify to pay lower rates.
Wisconsin is one of the most affordable states in the country when it comes to car insurance rates. The average full coverage policy is $788 annually, which puts the state 30th nationally in terms of affordability.
The annual price for car insurance in Wisconsin can vary depending on the company you choose and what personal factors are considered for your specific quote. Here are some sample rates from some of the most popular insurance companies in the state:
- The Progressive Group – liability – $297; full coverage – $823; and uninsured motorist – $239.
- State Farm Insurance – liability only – $642; full coverage – $726; and uninsured motorist – $508.
- Allstate – liability only – $648; full coverage – $849; and uninsured motorist – $573.
- Geico Insurance Group – liability only – $592; full coverage – $788; and uninsured motorist -$407.
You can compare quotes from different Wisconsin car insurance companies online to find the best deal on an affordable policy for your needs.
Conclusion
We hope this guide has helped you find the cheapest car insurance in Wisconsin, as well as how to save money on your auto insurance. If you’re not sure about anything we discussed here, just call or email and one of our friendly experts will be happy to help! As always, we wish you all the best with finding affordable coverage for your vehicle.
