Average Car Insurance Costs in Wisconsin | SmartFinancial

With a population of over 5.8 million, Wisconsin is the twentieth most populate state in the area and features over 239,027 miles of road. There are many factors that go into calculating the rate you pay for car insurance. Below is a breakdown of how much drivers in Wisconsin pay for coverage based on different factors. To learn more about indemnity requirements in Wisconsin, check out Wisconsin Car Insurance .

Wisconsin Car Insurance Rates by Age

typically car indemnity companies will charge more for younger drivers and provide discounted rates for older drivers. indemnity carriers see young drivers as inexperienced and have a greater hazard of getting in accident. In Wisconsin, the typical adolescent driver between the age of 16 and 19 will pay $ 145.55 per calendar month while a driver in their 40s will pay an average of $ 78.14 per calendar month .

Age Avg monthly rate
16 – 20 $145.55
20s $110.90
30s $82.15
40s $78.14
50s $72.05
60s $67.62
70s $76.95
Over 80 $84.41

Wisconsin Car Insurance Rates by Marital Status

marital married couples in Wisconsin typically pay more for their car indemnity than drivers who are single. This likely due to the simple fact that there is more than 1 driver on the policy. Married couples besides will normally have more than one vehicle and could possibly have some adolescent drivers on the policy ampere well. In Wisconsin, Married couple typically pay around $ 84.65 per calendar month while single drivers average in around $ 121.56 per month.

Marital Status Avg monthly rate
Divorced $66.78
Married $84.65
Separated $121.56
Single $83.29
Widowed $124.59

Average Car Insurance Rates in Wisconsin by Credit Score

many factors go into the rate you pay for car policy. Your age, location, and vehicle are all part of the equation. indemnity companies besides take your credit score into retainer. In Wisconsin, drivers with excellent citation pay an average of $ 76.88 per month compared to drivers with poor people credit who typically will pay $ 129.82 per calendar month .

Credit Rating Avg monthly rate
Excellent $76.88
Good $82.53
Poor $129.82

Car Insurance for High Risk Drivers in Wisconsin

Drivers with a good repel history typically will pay less for car insurance than person that had a DUI, speeding tickets, or an accident. Car policy companies see drivers with a badly drive history has being a bigger risk. Drivers in Wisconsin with a good drive history normally pay around $ 79.94 per calendar month. Drivers with a bad driving history that may include tickets, DUI, or accidents will typically pay $ 122.22 per month .

Safe Driver (No prior tickets, DUI, or accidents) Avg monthly rate
High Risk Drivers $122.22
Safe Drivers $79.94

Wisconsin Auto Insurance Rates by Homeownership

insurance companies will besides take homeownership into account when factoring the pace you pay for insurance. In Wisconsin, drivers who own their home will normally pay around $ 84.80 per calendar month while drivers who rent normally average in around $ 83.04.

Homeownership Avg monthly rate
Own $84.80
Rent $83.04

Currently Insured vs. Uninsured in Wisconsin

insured More frequently than not, drivers who presently have car insurance coverage will receive a cheaper monthly rate than drivers who do not. Since car insurance is a prerequisite in all 50 states, companies may question why you do n’t presently have coverage. Because of this, they may see you as a higher risk driver. In Wisconsin, the average monthly rate for a driver who is presently insured is $ 85.67 while drivers who not presently covered will pay around $ 80.54

Coverage Avg monthly rate
Not Currently Insured $80.54
Currently Insured $85.67

Wisconsin Car Insurance by Education

car indemnity companies will besides look at your education floor. Although not normally a significant factor, your education can impression your monthly rate for car insurance. In Wisconsin, a driver with a high School Diploma will typically pay $ 123.94 per calendar month vs. person with a Bachelors Degree who will be charged around $ 108.10 per calendar month .

Education Avg monthly rate
Associate Degree $81.08
Bachelors Degree $93.55
Doctorate Degree $93.37
High School Diploma $123.94
Less than High School $108.10
Masters Degree $89.38
Some College $99.96

Liability vs. Full Coverage Car Insurance in Wisconsin

Liability merely coverage is typically cheaper and covers the cost of price you may cause to other people or vehicles. Full coverage includes comprehensive examination and collision policy, possibly PIP and UM/UMPD, which would cover you, your vehicle and passengers if you had an accident, careless of defect. In ( State ) the average rate for indebtedness only coverage is about $ 65.16 per month compared to Full coverage which will cost you about $ 84.03 per month .

Coverage Avg monthly rate
Full Coverage $84.03
Liability Only $65.16

Methodology The statistics listed on this page are from our own in house report. We track and read quotes that carriers have provided based on diverse criteria. The rates and averages shown on this page should only be used as an estimate .

Leave a Reply

Your email address will not be published.