Who Has the Cheapest Insurance for Drivers with Good Credit in Wisconsin?

Finding good, budget insurance is not always easy, and deciding which companies quote the most affordable auto insurance rates for drivers with good credit involves even more shopping around. Policy rates could be somewhat better than the average policy in Wisconsin, with the lower cost attributed to the reduced risk that goes along with selling insurance for financially responsible drivers. Reasonably-priced insurance should be readily available from a lot of different insurance providers.

Every insurance company has a different process for determining rates, so let’s take a look at the auto insurance companies that tend to be cheaper in Wisconsin. It’s important to understand that Wisconsin auto insurance rates are impacted by many things that control the cost of coverage. Getting older, buying a higher-value vehicle, or getting a ticket for careless driving may generate price changes resulting in some rates now being much cheaper than others.

Best Car Insurance Prices for High Credit

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USAA quotes some of the lowest car insurance rates in Wisconsin at around $604 per year. Partners Mutual, Erie, Pekin Insurance, and Rockford Mutual would also be considered some of the cheaper Wisconsin auto insurance companies.

In the above example, if you are currently insured with Pekin Insurance and switched to Partners Mutual, you could see an annual premium reduction of in the neighborhood of $137. Policyholders with Rockford Mutual could save as much as $146 a year, and Rural Mutual Insurance customers might lower prices by $148 a year.

To get a quick, customized rate comparison, click here to start a quote or click several companies below for low rates.

It’s important to note that these rates are averaged across all types of insureds and vehicles and do not factor in a rate discount for drivers with good credit. So the company that is best for you may not even be shown in the list of companies shown earlier. That underscores the importance of why you need to get rate quotes from many companies using your own driver and vehicle profiles.

The vehicle needing coverage is a large factor when comparing quotes for the cheapest insurance for drivers with good credit in Wisconsin. Vehicles with lower performance, a great safety record, or a track record of few liability claims will cost less to insure than higher performance models.

The next list ranks car insurance costs for a number of the cheapest vehicles to insure.

Data based on married female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Wisconsin minimum liability limits. Discounts applied include claim-free, multi-policy, multi-vehicle, safe-driver, and homeowner. Rate quotes do not factor in specific location information which can raise or lower premiums greatly.

Looking at the numbers, you can presume that vehicles like the Chevrolet Traverse, Ford Escape, Kia Forte, and Ford F-150 are going to be the less-costly vehicles to insure for financially responsible drivers.

Driving violations and accidents

The common sense way to snag the cheapest insurance for drivers with good credit in Wisconsin is to drive safely and maintain a clean driving record. The diagram below highlights how speeding tickets and accident claims influence car insurance costs for each age group. The rate quotes are based on a married male driver, full coverage, $100 deductibles, and no additional discounts are factored in.

In the example above, the average cost of a car insurance policy in Wisconsin per year with no accidents and a clean driving record is $1,264. Add in two speeding tickets and the average cost surges to $1,748, an increase of $484 each year. Then add two accidents along with the two speeding tickets and the yearly cost of auto insurance for drivers with good credit increases to an average of $3,391. That’s an increase of $2,127, or $177 per month, just for not being a responsible driver!

Ending up with a highly-rated insurance provider is hard considering how many companies sell insurance in Wisconsin. The rank data below can help you decide which auto insurers you want to consider purchasing coverage from.

The ratings below only include companies that write coverage in many states, so companies without a large exposure are not taken into consideration for these rankings. To compare prices from the most competitive companies in Wisconsin, just click here.

State Farm, Allstate, Geico, and Progressive: Who is best?

If you want reliable auto insurance, the companies that insure more vehicles than anyone else are State Farm, Allstate, Geico, and Progressive. Combined they make up almost 50% of all auto insurance written. The next table breaks down price, claims, and customer service ratings, as well as some optional coverages you can buy with each company.