How Much is the Average Cost of Car Insurance in Wisconsin?

Closeup of a car key on an auto insurance policy

The average rate for comprehensive car insurance in Wisconsin costs around $1,130 per year if it covers a 30-year-old male driver. Premiums for female drivers could be less expensive, but the actual rate primarily varies based on where you live in the state.

An analysis showed that average rates in Milwaukee cost almost 75% more than any other city. The annual premium for a 30-year-old male driver will cost approximately $2,150, which is nearly twice as much as the state average.

Cities With Expensive Rates

Superior City ranked as the second-most expensive city for car insurance, but the city is way behind Milwaukee as the former’s average annual premium costs $1,305. Residents in Cuday pay the same average per year, while those Ashland spend around $1,275 on car insurance.

Racine completed the top five with an average annual rate of almost $1,260. Remember that these figures may only apply for single, 30-year-old male drivers who own a 2011 Toyota Camry. The analysis also based its findings on quotes for drivers with good credit scores and driving records.

One reason why rates are more expensive in Milwaukee involves car theft incidents. The city also had more reported cases than elsewhere in the state.

Why Rates in Milwaukee are Expensive

Aside from car thefts, a huge population also contributes to higher insurance rates in Milwaukee. A large population means more vehicles on the road, which then indicates a higher probability of vehicular accidents.

From 2009 to 2013, Milwaukee County was the busiest place with the most number of commuters. It’s not surprising then if fatal accidents in Milwaukee are higher than any other city. There were 48 reported cases in 2014, which is 10 times more than elsewhere in the state.

Cities With Affordable Rates

The five most affordable cities in Wisconsin for car insurance have annual rates that cost below $1,000. Car owners in Sheboygan pay the smallest insurance premiums that cost $945 per year on average. Rates in Janesville are the second cheapest at $961 per year, while drivers in Manitowoc pay an annual average rate of $974.

Drivers in Plymouth and Green Bay pay $984 and $993 per year, respectively. Green Bay’s insurance premiums are quite surprising because it is the third biggest city in Wisconsin, which means there are more car owners.

What are the Minimum Requirements?

Insurance form being signed

The study collected data by listing coverage types that cost more than the minimum requirements in the state. For instance, the average rates from the analysis may cover body liability worth $50,000 per person and $100,000 per accident. The state requires at least $25,000 and $50,000 for the same coverage.

The minimum coverage for property damage cost $10,000 per accident.

In Wisconsin, comprehensive car insurance should ideally exceed the minimum requirements. You won’t usually pay a significantly higher rate when you want to exceed the minimum limits, but you should find a trustworthy insurance agent to know your options.

Ask for quotes from at least three different insurers to determine the best rates.