How Much are Car Insurance Quotes for High Risk Drivers in Wisconsin?

The words “affordable” and “insurance” really shouldn’t be used in the same sentence, in particular when you are searching for the best insurance rates for high risk drivers. Let’s introduce you to some of the factors that significantly impact car insurance prices, and figure out some ideas to reduce the price of your next policy.

The vehicle model you are trying to insure is probably the largest consideration that determines the availablility of cheap insurance for high risk drivers in Wisconsin. Vehicles with lots of horsepower, poor safety ratings, or high incidents of liability claims will cost much more to insure than more economical and safe models.

The next tables estimates insurance costs for a number of the cheapest automobiles to buy coverage for.

Prices above based on married male driver age 50, two speeding tickets, two at-fault accidents, $500 deductibles, and Wisconsin minimum liability limits. Discounts applied include multi-policy, multi-vehicle, and homeowner. Rate information does not factor in vehicle location which can raise or lower coverage prices considerably.

Data rating is based on married male driver age 50, two speeding tickets, two at-fault accidents, $500 deductibles, and Wisconsin minimum liability limits. Discounts applied include homeowner, multi-vehicle, and multi-policy. Price estimates do not factor in specific Wisconsin garaging location which can impact premium rates greatly.

Data assumes married male driver age 50, two speeding tickets, two at-fault accidents, $500 deductibles, and Wisconsin minimum liability limits. Discounts applied include multi-policy, multi-vehicle, and homeowner. Price information does not factor in vehicle location which can raise or lower premiums noticeably.

Shopping around for reasonably-priced auto insurance is not the easiest thing to accomplish, and determining which company has the best insurance rates for high risk drivers requires additional perseverance. Coverage prices will be much more than the average price in Wisconsin, with the increase attributed to the potentially higher risk that comes with selling coverage for high risk drivers, but competitively-priced insurance may be achievable if you find the right company.

Every insurance company has a different formula to establish rates, so let’s rank the lowest cost insurance companies in Wisconsin.

Compare Cheap Insurance Quotes for Risky Drivers

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USAA generally has some of the best car insurance rates in Wisconsin at around $586 each year. Partners Mutual, Erie, Rockford Mutual, and Pekin Insurance would also be considered some of the lowest-priced Wisconsin insurance companies.

As the rates illustrate above, if you currently have coverage with Partners Mutual and switched to USAA, you may see a yearly savings of in the neighborhood of $28. Drivers with Erie may save as much as $110 a year, and Rockford Mutual customers might lower prices by $160 a year.

Understand that those policy prices are averages for all insureds and vehicles and do not take into consideration a rate increase for high risk drivers. So the insurer that fits your needs best may not even be in the chart above. That helps illustrate why you need to get auto insurance quotes using your own driver data and vehicle information.

Discount Wisconsin car insurance rates

Insurance providers that offer cheap insurance for high risk drivers in Wisconsin could also offer special discounts that could potentially reduce rates by 25% or more if you meet eligibility requirements. A few of the larger companies and a summarized list of policyholder discounts can be read below.

• AAA offers discounts for education and occupation, multi-policy, good driver, anti-theft, good student, and AAA membership discount.
• Progressive offers premium reductions for homeowner, online signing, good student, multi-vehicle, and multi-policy.
• State Farm has discounts for safe vehicle, driver’s education, Drive Safe & Save, multiple autos, and multiple policy.
• Esurance may have discounts that include claim free, online shopper, anti-theft, anti-lock brakes, Pac-12 alumni, and multi-policy.
• Nationwide policyholders can earn discounts including defensive driving, accident-free, easy pay, family plan, business or organization, and Farm Bureau membership.

The chart below compares insurance costs with and without discounts. The prices are based on a female driver, two accidents and three citations, Wisconsin state minimum liability limits, full coverage, and $250 deductibles. The first bar for each age group shows the average annual price with no discounts. The second bar shows the rates with multiple vehicle, anti-theft, vehicle safety, multiple policy, passive restraint, and homeowner discounts applied. When discounts are factored in, the the average yearly reduction on insurance for high risk drivers is 28% or $985.

Impact of violations and accidents on rates

The easiest way to receive cheap insurance for high risk drivers in Wisconsin is to be a careful driver and avoid accidents and keep your driving record clean. The information below illustrates how violations and at-fault accidents can increase yearly insurance costs for different age groups. The data assumes a single female driver, comp and collision included, $1,000 deductibles, and no discounts are applied.

The data above shows the average cost of car insurance in Wisconsin per year with no accidents or violations is $932. Get written up for one speeding ticket and the average cost surges to $1,055, an increase of $123 each year. Now throw in one accident along with the one speeding ticket and the 12-month cost of insurance for high risk drivers jumps again to an average of $1,396. That’s an increase of $464, or $39 per month, just for not being attentive to the road!

Which car insurance company is best?

When shopping around for auto insurance for high risk drivers, four of the best places to start are Progressive, Allstate, State Farm, and Geico. The following table shows ratings and policy coverage options .