Best Cheap Car Insurance Quotes for a 20 Year Old Female in Wisconsin

Our editors have a joke that when writing about auto insurance, the word cheap really should not be used as a descriptor for auto insurance rates. Excuse the oxymoron, but cheap car insurance for 20 year old women can be extremely hard to find. Don’t let that bother you, though, because there may be ways you can still get coverage that is more affordable.

The model of vehicle that needs insurance is a large factor when trying to find the best cheap car insurance for 20 year old women in Wisconsin. Vehicles with more horsepower, a lack of safety features, or a high likelihood of having liability claims will cost quite a bit more to insure than more modest models. The next tables presents auto insurance rates for a number of the more afforable automobiles to buy coverage for.

Data rating is based on single female driver age 20, no speeding tickets, no at-fault accidents, $1000 deductibles, and Wisconsin minimum liability limits. Discounts applied include claim-free, and safe-driver. Rate information does not factor in specific location which can lower or raise premium rates greatly.

Cost estimates assume single female driver age 20, no speeding tickets, no at-fault accidents, $1000 deductibles, and Wisconsin minimum liability limits. Discounts applied include claim-free, and safe-driver. Price estimates do not factor in vehicle garaging location which can impact coverage rates substantially.

Prices above based on single female driver age 20, no speeding tickets, no at-fault accidents, $1000 deductibles, and Wisconsin minimum liability limits. Discounts applied include claim-free, and safe-driver. Rate information does not factor in vehicle garaging location which can change price quotes greatly.

For young women, one of the big things that car insurance companies use to calculate a rate quote is where you live in Wisconsin. Areas with more people or more claims like Milwaukee, Kenosha, and Racine are more likely to have higher rates, whereas areas with fewer weather claims and lower vehicle theft rates generally benefit from lower car insurance rates.

The table below ranks the most expensive places in Wisconsin for 20 year old women to buy auto insurance in.

Price information shown is approximated as the specific Wisconsin residence address can alter premium rates noticeably.

Determining which companies have the cheapest car insurance rates for 20 year old women takes more time than just quoting one company’s rates.

Each auto insurer has their own formula for setting prices, so we need to take a look at the car insurance companies that tend to be cheaper in Wisconsin.

Best Auto Insurance Prices for Women Age 20

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USAA normally has some of the cheapest car insurance rates in Wisconsin at around $580 annually. Partners Mutual, Erie, Rockford Mutual, and Nationwide also make the cut as some of the cheaper Wisconsin auto insurance companies.

As depicted above, if you currently have coverage with Nationwide and switched to Partners Mutual, you could see a yearly savings of in the neighborhood of $138. Drivers with Rural Mutual Insurance might save as much as $158 a year, and Pekin Insurance customers might lower prices by up to $161 a year.

These policy rates are averaged for all types of drivers and the different vehicles they drive and do not take into consideration a price increase for 20 year old women. So the car insurance company that fits your situation best may not even be included in the list of companies above. That point stresses why you need to quote rates from as many companies as possible using your own individual information.

Get discount Wisconsin insurance rates

Insurers that offer the best cheap car insurance for 20 year old women in Wisconsin may also offer discounts that may potentially lower prices by 40% or more if you meet the requirements. A list of companies and a selection of discounts can be read below.

• Farm Bureau offers discounts for youthful driver, renewal discount, safe driver, 55 and retired, driver training, multi-vehicle, and multi-policy.
• MetLife offers discounts including defensive driver, good driver, claim-free, multi-policy, and good student.
• Progressive has savings for online signing, multi-policy, continuous coverage, online quote discount, and multi-vehicle.
• AAA discounts include education and occupation, AAA membership discount, good student, anti-theft, and multi-policy.
• American Family may include discounts for early bird, accident-free, multi-vehicle, Steer into Savings, bundled insurance, mySafetyValet, and air bags.
• GEICO may offer discounts for multi-policy, daytime running lights, driver training, federal employee, and anti-theft.
• State Farm has discounts for multiple policy, Drive Safe & Save, multiple autos, accident-free, student away at school, safe vehicle, and driver’s education.

The chart below shows the comparison of insurance costs with and without policy discounts. The prices are based on a male driver, no accidents or driving violations, Wisconsin state minimum liability limits, full coverage, 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 passive restraint, vehicle safety, continuous coverage, good student, paperless filing, and paid-in-full discounts applied. When these discounts are applied to the policy premium, the average amount saved each year on car insurance for 20 year old women is 19% or $185.

Full coverage or liability only

Finding the best cheap car insurance for 20 year old women in Wisconsin is the goal of most people, and one easy way to save on the cost of insurance is to buy only liability coverage. The illustration below shows the comparison of insurance prices with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The price estimates are based on no claims or driving violations, $100 deductibles, single marital status, and no discounts are applied to the premium.

As an overall average, full coverage on your policy costs an additional $1,773 per year more than just buying liability only. At some point, almost every driver questions if you should buy full coverage. There is no specific rule that works best for making the decision to drop comp and collision coverage, but there is a general convention. If the yearly cost for physical damage coverage is about 10% or more of the replacement cost of your vehicle minus the policy deductible, then you might want to consider buying only liability coverage.

For example, let’s assume your vehicle’s settlement value is $11,000 and you have $1,000 deductibles. If your vehicle is totaled, the most your company will settle for is $10,000 after the policy deductible has been paid. If you are paying in excess of $1,000 annually for physical damage coverage, the it may be a good time to stop paying for full coverage.

There are some scenarios where only buying liability is not financially feasible. If you still owe money on your vehicle, you have to maintain full coverage to protect the lienholder’s interest in the vehicle. Also, if you don’t have enough money to buy a different vehicle in the event your current vehicle is totaled, you should not opt for liability only.

Which car insurance company is best?

When researching auto insurance for young women in Wisconsin, some of the largest companies to start with are Allstate, Geico, Progressive, and State Farm. The data below compares and contrasts ratings and policy coverage options that you can purchase from each one.