The vehicle model driven is one of the largest considerations when shopping around for cheaper coverage for good drivers. Vehicles with higher performance characteristics, a lack of safety features, or a high likelihood of having liability claims will cost much more to insure than more economical and safe models.
The next list shows coverage costs for a handful of the most cost-effective vehicles to buy insurance for.
| Vehicle | Estimated Cost for Full Coverage |
|---|---|
| Jeep Wrangler Sport Islander Package 4WD 2-Dr | $968 |
| Honda CR-V EX 2WD | $989 |
| Volkswagen Jetta S 4-Dr Sedan | $1,041 |
| Toyota Tacoma Double Cab 4WD | $1,064 |
| Toyota Prius | $1,069 |
| Ford Escape Limited 4WD | $1,078 |
| Toyota Camry SE | $1,096 |
| Nissan Altima 2.5 S 4-Dr Sedan | $1,106 |
| Ford Focus SE 4-Dr Sedan | $1,112 |
| Hyundai Sonata GLS 4-Dr Sedan | $1,115 |
| GMC Sierra SLT Extended Cab 4WD | $1,119 |
| Dodge Grand Caravan Hero | $1,135 |
| Chevrolet Impala LT | $1,140 |
| Chevrolet Equinox LS 2WD | $1,135 |
| Dodge Ram Quad Cab SLT 2WD | $1,138 |
| Ford Edge Limited 2WD | $1,140 |
| Honda Civic GX 4-Dr Sedan | $1,151 |
| Ford Fusion S 4-Dr Sedan | $1,165 |
| Chevrolet Silverado LS Extended Cab 4WD | $1,170 |
| Toyota RAV4 Limited 4WD | $1,165 |
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Above prices assume married male driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Wisconsin minimum liability limits. Discounts applied include safe-driver, claim-free, multi-vehicle, homeowner, and multi-policy. Table data does not factor in the specific area where the vehicle is garaged which can decrease or increase insurance rates noticeably.
Looking at the data, models like the Jeep Wrangler, Honda CR-V, Volkswagen Jetta, and Toyota Tacoma are going to be some of the cheapest vehicles to insure for safe drivers.
Buying cost effective car insurance is not easy, and deciding which company quotes the cheapest car insurance rates for good drivers will take even more diligence. Every insurance company has a different process for determining rates in each state, so first we will examine the car insurance companies with the most affordable rates in Wisconsin.
It’s important that readers know that Madison car insurance rates are influenced by many factors which can substantially change the price you have to pay for coverage. Simply improving your credit score, having a teen driver, or getting caught speeding may prompt premium changes that can now make some companies cheaper than competitors.
Find the Cheapest Auto Insurance for Good Drivers
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | USAA | $586 |
| 2 | Partners Mutual | $632 |
| 3 | Rockford Mutual | $724 |
| 4 | Erie | $724 |
| 5 | Nationwide | $752 |
| 6 | Integrity Mutual | $770 |
| 7 | Rural Mutual Insurance | $772 |
| 8 | Pekin Insurance | $775 |
| 9 | Travelers | $796 |
| 10 | Western National | $801 |
| 11 | West Bend Mutual | $899 |
| 12 | State Farm | $932 |
| 13 | The Hartford | $940 |
| 14 | General Casualty | $954 |
| 15 | Auto Club Group | $977 |
| 16 | Auto-Owners | $1,114 |
| 17 | Progressive | $1,118 |
| 18 | American Family | $1,137 |
| 19 | Farmers | $1,165 |
| 20 | GEICO | $1,226 |
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USAA generally has some of the lowest car insurance rates in Madison at around $586 annually. Partners Mutual, Rockford Mutual, Erie, and Nationwide are also some of the more affordable Madison, WI insurance companies.
As illustrated above, if you currently have coverage with Partners Mutual and switched to USAA, you might realize annual savings of upwards of $46. Drivers with Rockford Mutual could save as much as $138 a year, and Erie customers might lower prices by $138 a year.
If you want to see how much you could save, click here to get quotes or visit any of the low-priced companies below.
Be aware that those estimates are averages across all types of drivers and the different vehicles they drive and are not factoring in an exact vehicle garaging location for good drivers. So the car insurance company that is best suited for you may not even be in the list above. That helps illustrate why you need to compare prices as often as possible using your own individual information.
The information below demonstrates how choosing different deductibles can change insurance rates when trying to find cheap insurance for good drivers. The data assumes a married female driver, comp and collision included, and no discounts are applied to the premium.
In the chart above, a 30-year-old driver could lower rates by $216 a year by changing from a $100 deductible up to a $500 deductible, or save $328 by selecting a $1,000 deductible. Even younger insureds, like the Age 20 chart data, could shave up to $466 annually just by choosing higher deductibles.
If you do make the decision to raise your deductibles, it will be important to have plenty of money set aside to enable you to cover the extra out-of-pocket expense, which is the main inconvenience of larger deductibles.
Careless driving habits raise car insurance rates
The common sense way to receive the cheapest car insurance premiums in Madison for safe drivers is to drive safely and avoid accidents and traffic violations. The information below highlights how speeding tickets and at-fault accidents can raise car insurance costs for different categories of driver ages. The prices are based on a single female driver, comp and collision included, $500 deductibles, and no discounts are applied.
The data above shows the average cost of a car insurance policy in Wisconsin per year with no violations or accidents is $1,384. Get one speeding ticket and the average cost swells to $1,570, an increase of $186 each year. Now add two accidents along with the one speeding ticket and the 12-month cost of car insurance for good drivers jumps again to an average of $3,241. That’s an increase of $1,857, or $155 per month, just for not driving carefully!
Discount Madison auto insurance rates
Car insurance companies that offer cheap quotes for good drivers may also provide price discounts that may potentially lower prices by as much as 30% if you meet eligibility requirements. Companies and some of the premium reductions they offer can be found below.
- Mercury Insurance offers discounts for professional/association, multi-policy, good driver, age of vehicle, and multi-car.
- Farmers Insurance may offer discounts for teen driver, alternative fuel, youthful driver, mature driver, early shopping, and distant student.
- Farm Bureau discounts include youthful driver, driver training, safe driver, 55 and retired, renewal discount, multi-policy, and good student.
- State Farm includes discounts for student away at school, multiple policy, defensive driving training, multiple autos, driver’s education, passive restraint, and good student.
- Allstate offers premium reductions for anti-theft, premier discount, teenSMART discount, passive restraint, anti-lock brakes, and economy car.
- GEICO policyholders can earn discounts including seat belt use, emergency military deployment, military active duty, five-year accident-free, anti-theft, and air bags.
The chart below illustrates the difference between car insurance rates with and without discounts applied to the policy premium. The rates are based on a female driver, a clean driving record, no claims, Wisconsin state minimum liability limits, comp and collision included, and $1,000 deductibles. The first bar for each age group shows the average annual price with no discounts. The second bar shows the rates with claim-free, multiple policy, marriage, accident-free, homeowner, and passive restraint discounts applied. In this example, theaverage amount saved on car insurance for good drivers is 28% or $344.
The auto insurance agents in Madison shown below can answer your questions and help you decide which auto insurance policy fits you best, as some drivers aren’t sure which coverage they need and prefer to get some professional advice when comparing insurance rates for safe drivers. It can be complicated to find the cheapest rate yourself, and a professional agent can provide peace of mind knowing your coverage gives you decent coverage if you have a claim.
To find an agent close to where you live, click the button link following the list.
Spectrum Insurance Group – Madison
525 Junction Rd #8505 – Madison, WI 53717 – (608) 204-7055
Above and Beyond Insurance
6601 Grand Teton Plaza #7 – Madison, WI 53719 – (608) 203-8666
Universal Insurance Agency Corporation
6709 Raymond Rd – Madison, WI 53719 – (608) 216-7060
R and S Insurance
1520 Vernon St – Madison, WI 53703 – (608) 251-0022
View map of Madison, WI insurance agents
How to find cheaper auto insurance for good drivers
Here are a few thrifty suggestions that can help Madison drivers find cheaper car insurance.
- At-fault accidents can raise rates significantly
- Choose a safer vehicle and pay lower rates
- Improve your credit rating
- Raise comprehensive and collision coverage deductibles
- Be a safe driver
- Compare rates often to find the best deal
The last item on the list is certainly necessary, as was affirmed in this piece. Car insurance rates in Madison change frequently, so drivers shouldn’t hesitate to buy a different policy if a lower price can be found.
We understand brand loyalty, but we do not recommend it if that inflexibility results in costing you lots of hard earned cash every month. If you have a few minutes, now is a great time to shop around and find cheaper auto insurance for good drivers.