On average, your neighbors pay $55 a month.
Madison, “The Gate City”, is the third largest city in Wisconsin. If you’re a Madison driver looking for great car insurance rates, we can help you. This page covers Madison car insurance companies, rates, laws, and more.
How much is car insurance in Madison, WI? Due to crime rates and traffic congestion, Madison has higher auto insurance rates than those living in rural Wisconsin. Despite this, Madison drivers are so safe, with so few accidents, that car insurance rates are much lower than the national average. The average cost of auto insurance in Wisconsin is $664.81. The national average price is $889.01.
Prices may vary depending on your zip code, limits, and coverage.
|Total Cost Per Year||$664.81|
|Price Per Month||$55.40|
|Source: Facts + Statistics: Auto insurance|
The graph below shows the change in average Wisconsin insurance rates from 2011 to 2015, the most recent year the data is available. According to the III, Washington's car insurance rates increased from $600 in 2011 to $664 in 2015, a jump of $64, or 10.76 percent.
QuoteWizard helps consumers compare rates from both national insurance companies and local independent agents. Comparing quotes can help you find cheap car insurance rates near Madison, Wisconsin and save up to 40% on your premium.
Last year, 9,565 Madison residents used QuoteWizard to compare auto insurance quotes in Madison, WI from multiple companies to find the cheapest rates.
These are the most popular car insurance companies reported by 9,565 QuoteWizard users in Madison, Wisconsin. Out those residents, 1,074 didn’t have auto insurance.
These are the most popular cars owned by Madison, WI QuoteWizard users.
Madison, Wisconsin law requires that all drivers carry minimum liability coverage of 25/50/10. Madison car insurance policy must include:
You are also required to have the following underinsured coverage:
It’s important to know that minimum coverage doesn’t include collision or comprehensive coverage. Minimum coverage pays for damages to other people and their property. It doesn’t cover your damages or medical bills.
To make sure you have enough coverage, we recommend the following:
If you live in an area that has a high streak of accidents, it can affect your rates. Madison ranks as the 45th worst city for drivers according to our study. Our data reflects accidents, speeding tickets, DUIs, and citations occurring in the US.
Factors such as weather, road conditions, and traffic affect the ease of driving in your city. That, in turn, can impact what you pay for insurance. The worse your driving conditions are, the higher your rate can be.
Like much of Wisconsin, Madison’s snowfall is something you need to prepare for. Last year Madison had over 45 inches of snow. This is almost twice the national average of 26 inches a year. Snow and icy roads make for hazardous driving, so be careful.
The average commute time for drivers in Madison is 19.6 minutes. This is almost five minutes lower than the national average.
Tickets and accidents are a leading cause of rate increases. If you have too many tickets, your insurers might require you to purchase expensive high-risk insurance.
In 2017 the Madison Police Department wrote 6,622 speeding citations. If you get a speeding ticket or traffic citation, expect a rate increase. If you get multiple, it’s possible your insurer will cancel your coverage.
There are many penalties if you're found guilty of DUI in Madison. They include fines ranging between $150 and $900, six to nine months license suspension, and ignition interlock device requirement.
Wisconsin is one of the few states where a first offense DUI is a civil offense and not a crime. This means that the penalties can be more serious and much longer lasting. It’s in your best interest to avoid one.
Plus, it also leads to insurance increases. Our data shows drivers with a DUI offense can expect to pay an average of $830 more per year for car insurance.
If you need to reinstate your driver’s license in Madison after a DUI, you will need an SR-22. An SR-22 shows proof of financial responsibility and minimum insurance. Wisconsin requires $25,000 in liability, $50,000 towards personal injury or death, and $10,000 in property damage.
You are required to maintain the SR-22 for three years starting from the date you’re able to reinstate your Wisconsin license. If there is a lapse in insurance during that three-year period, your license will be suspended again.
Living in an area with high accident rates can result in higher insurance costs. Dane County had 11,825 car crashes in 2016.
In 2017 there were 32 auto fatalities in Dane County. This is slight decrease from 38 fatalities in 2016.
Areas with a high rate of car theft risky for insurers. This can lead to higher premiums, especially if you drive a commonly-stolen car. Madison reported 449 car thefts in 2017, a 15.14 percent increase over 381 thefts in 2016.
Looking to save money on your car insurance in Madison? There are many discount options available to get a lower rate:
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