Wisconsin Car Insurance
Last Updated on November 1, 2020
As the 23rd largest state and 20th most populated state in the U.S., Wisconsin still has plenty of rural areas for driving and lots of destinations. Head to one of the major cities, Milwaukee or Madison, for a look at some city-living. Or, head to the Great Lakes and soak up the sun on one of many beaches with clear, calm water. Wisconsin is a diverse state with many kinds of drivers, so always pay attention to the road. Where there are good drivers, there are also bad drivers, and then sometimes, accidents happen to the best drivers. Always be prepared with adequate auto insurance.
Cheap Car Insurance Companies in Wisconsin
We’ve helped thousands of drivers in Wisconsin find great low rates on car insurance. Over the years, we’ve noticed certain companies tend to consistently offer cheaper-than-average car insurance quotes to drivers in Wisconsin.
For example, GEICO, Progressive, Partners Mutual, Pekin Insurance, and American Family all tend to offer some of the cheapest car insurance prices in Wisconsin. These companies are known for offering similar plans to other providers but at a below-average rate.
Of course, prices can vary widely between insurance companies, and the low prices one Wisconsin driver sees at GEICO might not be available to another driver. A car insurance company that offers the cheapest rates for a 20-year old male driver, for example, might not be the best choice for a 55-year old female driver. Compare quotes between Wisconsin car insurance providers to ensure you’ve picked the right option.
The Best Car Insurance for Drivers in Milwaukee
Drivers in Milwaukee pay the highest car insurance prices in the state. Generally speaking, a driver in Milwaukee will pay more for car insurance than a driver in any other part of the state, all other things being equal. If you recently moved to Milwaukee from another part of the state, then you might notice your car insurance premiums rise.
There are a few reasons for drivers to pay higher prices in Milwaukee. The main reason, however, is that drivers in urban areas are more likely to make a claim than drivers in less populated areas. There are more opportunities to get into an accident, for example. There’s more traffic. Some ZIP codes have higher crime rates than others. For all of these reasons, you can expect to pay higher car insurance premiums in Milwaukee than in other parts of the state.
Nevertheless, drivers in Milwaukee can access plenty of good car insurance discounts. And, certain car insurance companies are known for offering particularly competitive rates to Milwaukee drivers. GEICO, Progressive, American Family, Acuity, and Allstate, for example, all offer below-average car insurance quotes for drivers in Milwaukee.
Car Insurance for Teen Drivers in Wisconsin
Teen drivers in Wisconsin need to go through the state’s graduated driver licensing (GDL) program. Once you’re at least 15 years, 6 months old, you can get your Wisconsin instruction permit, which allows you to drive with a qualified adult in the vehicle. Then, once you’re at least 16 years old, you can get your probationary license.
Assuming you’re following the rules of your instruction permit, you should be covered under your family’s ordinary car insurance policy as long as you’re driving an insured family vehicle. When a teen driver has an instruction permit or learner’s permit, no car insurance changes are typically needed. However, once the teen driver gets a probationary license and can drive on his or her own, then the family’s car insurance policy will need to be upgraded to add a teen driver.
No matter how good of a teen driver you may be, you’re always going to pay high car insurance rates as a teen driver in Wisconsin. All car insurance companies in Wisconsin charge high rates for teen drivers. However, certain discounts – like good student discounts and defensive driving course discounts – can help you save a few hundred dollars per year.
By comparing quotes from different Wisconsin car insurance providers, you can ensure you pay the lowest possible rates for car insurance in Wisconsin at any age.
Wisconsin Auto Insurance Requirements
Wisconsin’s Financial Responsibility Law requires all drivers to maintain minimum limits of liability insurance or have an alternate way to pay for bodily injury and/or property damage they cause. Financial responsibility can be obtained in many ways:
- Coverage by a motor vehicle or automobile liability insurance policy
- A cash deposit of $60,000 to the Department of Motor Vehicles (DMV)
- A surety bond for $60,000 obtained from an insurance company licensed to do business in Wisconsin
If you decide to purchase an automobile insurance policy, you are required to purchase minimum amounts of coverage, as outlined in the table below. Wisconsin is a “tort” state, which means that you, as a driver, bears all financial responsibilities for both damages and injuries incurred in an auto accident in which you were at fault.
|Coverage Type||Required?||Minimum Coverage Amount Required|
|Bodily Injury Liability||Yes||$25,000 per person$50,000 per accident|
|Property Damage Liability||Yes||$10,000|
|Uninsured Motorist Bodily Injury||No||$25,000 per person$50,000 per accident|
|Underinsured Motorist Bodily Injury||No||$50,000 per person$100,000 per accident|
|Personal Injury Protection||No|
You may want to consider purchasing limits of coverage higher than those required by law to protect your assets or property, as you may be personally responsible for any damages above the policy limits.
Auto Insurance for Leased Vehicles in Wisconsin
Most leasing companies in Wisconsin typically require drivers to maintain insurance coverage which exceeds the minimums set by Wisconsin state law. This is to protect you financially, as well as your leasing company, should they be held partly responsible. Most leasing companies will recommend the following amounts of insurance coverage for your leased car:
- Bodily injury liability coverage: $100,000 per person/$300,000 per accident
- Property damage liability coverage: $50,000
- Comprehensive and collision coverage: $500 maximum deductible
Additional Wisconsin Auto Insurance Information
For more information on auto insurance in WI, please contact the following agencies:
Wisconsin Department of Transportation: Motor Vehicles Division
State of Wisconsin Office of the Commissioner of Insurance
125 South Webster Street
Madison, WI 53702