Who Has Cheap Auto Insurance Quotes for Low Income Drivers in Wisconsin?

Whenever people write about car insurance, the word cheap should not appear anywhere in the article to describe car insurance rates. Despite the oxymoron, cheap auto insurance for low income drivers is not always easy to find. But don’t let that discourage you, because we will teach you how you can still get coverage that works with your budget.

Deciding which companies have the cheapest insurance rates for low income drivers calls for more time in order to find the best policy.

Each company uses different criteria for filing rates in each state, so we need to take a look at the insurance companies with the overall best prices in Wisconsin.

Find the Best Cheap Insurance in Wisconsin

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USAA has some of the best car insurance rates in Wisconsin at around $580 per year. Partners Mutual, Erie, Pekin Insurance, and Rockford Mutual would also be considered some of the lowest-priced Wisconsin insurance companies.

In the rate table above, if you are insured with Pekin Insurance and switched to USAA, you may see an annual savings of around $165. Policyholders with Rockford Mutual could save as much as $174 a year, and Western National insureds might reduce rates by $189 a year.

Bear in mind that those estimates are averages across all insureds and vehicles and are not factoring in a price decrease for low income drivers. So the insurer that can offer the best rates for your situation may not even be featured in the company chart above. That affirms the importance of why you need to get rate quotes using your own driver information and specific vehicle type.

The cost and performance of the vehicle you are insuring is a large factor in finding cheap auto insurance for low income drivers in Wisconsin. Vehicles with reasonable performance levels, good crash test ratings, or a track record of few liability claims will cost quite a bit less to insure than adrenaline junky models.

The lists below ranks auto insurance premiums for a selection of the cheaper vehicles to buy insurance for.

Data variables include single male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Wisconsin minimum liability limits. Discounts applied include safe-driver, claim-free, multi-policy, homeowner, and multi-vehicle. Table data does not factor in zip code location which can change price quotes substantially.

Above prices assume single male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Wisconsin minimum liability limits. Discounts applied include multi-policy, safe-driver, multi-vehicle, claim-free, and homeowner. Rate information does not factor in vehicle garaging location which can modify coverage prices noticeably.

Data rating is based on single male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Wisconsin minimum liability limits. Discounts applied include multi-vehicle, homeowner, safe-driver, claim-free, and multi-policy. Estimates do not factor in zip code location which can alter rates substantially.

Responsible drivers pay cheaper Wisconsin insurance rates

A great way to get good insurance prices for poor drivers is to be a cautious driver and have a clean driving record. The example below demonstrates how speeding tickets and accidents can raise premium costs for different age groups of insureds. The rates are based on a married female driver, comprehensive and collision coverage, $1,000 deductibles, and no additional discounts are factored in.

In the chart above, the average cost of a car insurance policy in Wisconsin per year with a clean driving record and no accidents is $751. Receive one speeding ticket and the average cost rises to $873, an increase of $123 each year. Now add in one accident along with the one speeding ticket and the yearly cost of insurance for low income drivers increases to an average of $1,216. That’s an increase of $465, or $39 per month, just for not driving carefully!

Wisconsin insurance companies ranked

Choosing the best car insurance provider can be difficult considering how many companies there are in Wisconsin. The company ratings displayed below may help you select which insurers you want to consider to insure your vehicles. These rankings are only made up of companies that insure vehicles across America, so companies with more of a regional focus will not be included in the list.

Top 10 Major Auto Insurance Companies in Wisconsin Ranked by Customer Service

1. Nationwide
2. State Farm
3. Safeco Insurance
4. American Family
5. Liberty Mutual
6. GEICO
7. Travelers
8. Erie Insurance
9. Allstate
10. The Hartford

How to find economical insurance for low income drivers

Here are some money-saving suggestions that can help you get low-cost coverage.

• Too many claims can make car insurance unaffordable
• Raise comprehensive and collision coverage deductibles
• Home or renters coverage can save on auto insurance
• Do not pay for full coverage on older vehicles
• Good credit scores may make rates cheaper
• Safer vehicles generally have cheaper insurance rates
• Compare rate quotes frequently

That last piece of advice is very significant, as was noted in this article. Prices charged by companies in Wisconsin can change considerably based on profitability, so don’t be unwilling to buy from a different company if a cheaper price is available.

Many drivers tend to have loyalty to a certain company, but it’s not a great idea if that loyalty ends up costing lots of hard earned cash every month. Now is a great time to compare rates and find cheaper auto insurance for low income drivers.