Wisconsin drivers are lucky to have one of the cheapest automobile insurance rates in the US. Having low base prices means that they are already in a winning position in comparison to other states. But there are still savings to be made by carefully shopping for the best quotes. This post will help you find discounts so that you can reduce costs even further.
Despite low premiums, the number of drivers with no policy is still high at 15% and therefore Uninsured Motorists coverage is something people should consider seriously. Also, 35% of traffic deaths are alcohol related in the state. This is higher than the country average and it is a worry for everyone. Drivers and other road users should be extra careful on those more dangerous hours of early morning on Saturdays and Sundays. In such circumstances, the best thing to do is to be defensive and watch out.
Vehicle Insurance Wisconsin Requirements
Here are the minimum liability requirements;
- $25,000 for bodily injury or death per person.
- $50,000 total for bodily injury or death per accident.
- $10,000 for property damage.
The Department of Motor Vehicles page provides information on using the roads, coverage, penalties and vehicle registration. Also, there are plenty of other independent sites you can check for updates.
Another reliable source of information is independent brokers. They can help you find great deals on both home and auto insurance policies as well as other lines. They can tell you if you can save money by bundling them or not. But you must sort out a decent level of coverage first. It is more important than the amount you pay and the company you go with. Once it is done you can have peace of mind. Knowing that you haven’t left anything out reduces anxieties when you have a claim.
There are many aspects to insuring autos. One of the most essential ones is to arrange a decent level of liability limits. You have to buy it regardless of where you live in the USA. Every state establishes minimum requirements to ensure that drivers can pay for the damages they caused to third parties. Owners must meet this obligation before people are allowed to operate the vehicle.
Most owners with decent automobiles buy full coverage that includes their own losses. Dropping or not getting Collision and Comprehensive coverage only make sense when you have a clunker. Besides, liability only policies don’t really save you a lot of money. Just see it for yourself by getting quotes for both liability only and full coverage. In most cases, you will see that the prices are close to each other but the protection levels are miles apart.
Wisconsin Auto Insurance Rates Are Cheap
Drivers here are luckier than most others in the country because average premium expenditure is $621 and that is $220 dollar cheaper than the US average of $841. Usually, this is the result of cumulative efforts to drive safe, and low auto theft and accident numbers. Rural setting of America’s Dairyland and highly competitive environment helps in keeping the prices low. One good trait of Wisconsin residents keeps underwriters happy and results in low rates for everyone and that is they are not litigious people.
Another reason behind affordable automobile insurance premiums is the lack of large cities that keeps accidents and claims down. Wisconsin had 1 death per 100 million vehicle miles traveled in 2013, according to Highway Loss Data Institute (HLDI). To emphasize how safe driving in the Badger State is, there were others with double that number in the same year.
If you want economical full coverage you are in luck too because the estimated cost for it is $912. And the US average at $1,325 is over $400 dollar more expensive than WI. There are several states in the US where residents pay more than that for liability only vehicle insurance. That is why it is always a good idea to check how much a decent policy is going to cost even if you think liability only is enough. You may be able to get better protection at a fraction more additional premium.
Auto Insurance in Milwaukee,
WI may enjoy great low rates but the same cannot be said for its largest city, as it doesn’t enjoy low prices compared to the average or the other cities. In fact, motorists have to pay double the amounts in Milwaukee. This is probably due to the factors that make it expensive in most other large cities like dense population, higher accidents, auto theft and vandalism. There are a few things Milwaukee residents can do to reduce costs in city zip codes. and they are detailed in the post.
The Cheapest Wisconsin Car Insurers
We kept talking about how cheap premiums are but this doesn’t mean that you cannot save money anymore. One of the easiest ways of getting discounts is to find the lowest priced companies in your zip code and they are listed for you below.
- GEICO, $393
- Partners Mutual, $440
- Western National, $518
Rates are fairly uniform throughout the state and these companies usually hold their positions with slight variations. However, Milwaukee premiums are nearly twice more expensive and the cheapest price is offered by GEICO, Auto-owners and Farmers. You should also get quotes from the above Car insurers and a few others in the beer city.
No matter where you live, you can lower costs if you know how to do it. You can find out about many ways of getting discounts that can substantially reduce cost. So, you’d better find out and use them. You should always look to avoid additional charges and search for savings. You may think that they have a secret but this is how people can manage to get and keep good deals.
There are many things you should pay attention to and how the prices work may be one of them. Spare several hours to look at several ways of arranging a better policy and spending less in the process. The whole point in shopping around is to find those special offers. In other words, you shouldn’t be looking for the cheapest or best policy but try to find good value for money by not handing it over easily.