Cheapest Car Insurance In Madison, WI 2024
If you’re looking for budget-friendly minimum coverage in Madison, GEICO leads the way at $37 per month on average.
We’ve saved shoppers an average of $600 per year on their car insurance.
In Madison, WI, the cost of car insurance can vary widely, so it’s essential to shop around for the best deal.
GEICO takes the top spot for liability-only coverage at the lowest price. Progressive shines for affordable full coverage options, and State Farm offers the best rates for younger drivers.
Cheapest Car Insurance Companies In Madison, WI
Cheapest Liability-only Car Insurance In Madison: Cincinnati
GEICO delivers the cheapest option for minimum car insurance coverage in Madison, with rates averaging $37 per month.
Check out the table below to review rates offered by various car insurance companies.
| Provider | Average Monthly Cost | Average Annual Cost |
| Cincinnati Insurance | $30 | $360 |
| Travelers | $41 | $490 |
| Auto-Owners | $37 | $443 |
| State Farm | $50 | $596 |
| Nationwide | $43 | $520 |
Cheapest Full Coverage Insurance Rates In Madison: Auto-Owners
Madison drivers can find the lowest full coverage car insurance rates with Progressive, costing $92 on average each month.
The following table highlights average car insurance quotes from economical providers in Madison.
| Provider | Average Monthly Cost | Average Annual Cost |
| Auto-Owners | $73 | $871 |
| Cincinnati | $80 | $962 |
| Nationwide | $74 | $884 |
| Shelter | $92 | $1,107 |
| Allstate | $124 | $1,490 |
Cheapest Car Insurance Rates For Seniors: Auto-Owners
At an average of $87 per month, State Farm provides the cheapest car insurance for seniors in Madison.
See the table below for a comparison of average rates from the most affordable car insurers for seniors.
| Provider | Average Monthly Cost | Average Annual Cost |
| Auto-Owners | $68 | $814 |
| State Farm | $86 | $1,036 |
| Allstate | $133 | $1,590 |
| Shelter | $95 | $1,135 |
| GEICO | $112 | $1,344 |
Cheapest Rates In Madison For Teenagers: Nationwide
At $313 a month on average, State Farm provides the cheapest car insurance for teens in Madison.
The following table displays the cheapest car insurance options available for teens.
| Provider | Average Monthly Cost | Average Annual Cost |
| Nationwide | $155 | $1,865 |
| State Farm | $176 | $2,109 |
| Allstate | $167 | $2,007 |
| Travelers | $198 | $2,370 |
| Auto-Owners | $243 | $2,913 |
Cheapest Auto Insurance For Young Adults in Madison: Travelers
With average rates of $238 a month, State Farm is the best option for budget-friendly insurance for young adults in Madison.
Below is a table showing a comparison of the most budget-friendly car insurance rates for young adults in Madison.
| Provider | Average Monthly Cost | Average Annual Cost |
| Travelers | $91 | $1,092 |
| State Farm | $119 | $1,422 |
| Nationwide | $99 | $1,192 |
| Auto-Owners | $100 | $1,197 |
| Allstate | $130 | $1,560 |
Cheapest Car Insurance In Madison For Good Drivers: Cincinnati
At $37 per month, GEICO delivers the most budget-friendly car insurance for good drivers in Madison.
If you’re a safe driver, check out the table below for average quotes from the most economical insurers.
| Provider | Average Monthly Cost | Average Annual Cost |
| Cincinnati Insurance | $30 | $360 |
| Shelter | $48 | $576 |
| Auto-Owners | $37 | $443 |
| State Farm | $50 | $596 |
| Nationwide | $43 | $520 |
Find affordable Madison rates
Cheapest Car Insurance In Madison After A Speeding Ticket: Auto-Owners
State Farm stands out for its low rates in Madison, charging an average of $176 a month for drivers who’ve received a speeding ticket.
Below is a table displaying the average car insurance rates for drivers with a speeding ticket.
| Provider | Average Monthly Cost | Average Annual Cost |
| Auto-Owners | $80 | $964 |
| State Farm | $107 | $1,280 |
| Cincinnati Insurance | $95 | $1,140 |
| Allstate | $148 | $1,772 |
| Progressive | $136 | $1,632 |
Cheapest For Drivers With After At-Fault Accident: Auto-Owners
Drivers with an at-fault incident can find the lowest insurance rates with State Farm, averaging $193 per month.
The companies below provide the most affordable car insurance for drivers with an at-fault accident on their driving record.
| Provider | Average Monthly Cost | Average Annual Cost |
| Auto-Owners | $99 | $1,197 |
| Cincinnati Insurance | $167 | $2,004 |
| State Farm | $116 | $1,391 |
| GEICO | $217 | $2,600 |
| Progressive | $124 | $1,490 |
Cheapest Rates In Madison For Drivers After A DUI: State Farm
State Farm leads with the lowest car insurance rates for Madison drivers after a DUI, costing $188 on average per month.
Use the table below to find the most budget-friendly car insurance rates for Madison drivers with a DUI.
| Provider | Average Monthly Cost | Average Annual Cost |
| State Farm | $107 | $1,282 |
| Nationwide | $138 | $1,657 |
| Allstate | $166 | $1,992 |
| Auto-Owners | $171 | $2,051 |
| Cincinnati | $213 | $2,555 |
Best Car Insurance Companies In Madison
For the most affordable car insurance in Madison, AAA offers rates of $83 per month. You may also want to consider Progressive at $90 or GEICO at $93 a month.
Here are the top 10 auto insurers in Madison, WI, ranked according to the average monthly premiums they offer.
| Company | Monthly Premium |
| Cincinnati Insurance | $30 |
| Kentucky Farm Bureau | $39 |
| Travelers | $41 |
| Auto-Owners | $37 |
| State Farm | $50 |
| Nationwide | $43 |
| Allstate | $76 |
| GEICO | $53 |
| Shelter | $50 |
| Westfield | $62 |
| Grange Insurance | $89 |
Average Cost Of Auto Insurance In Madison – By Zip Code
Insurers use zip codes to gauge local crime rates, which in turn influences the car insurance rates for each area.
The table below lists the average insurance premiums for different zip codes within Madison.
| Zip Code | Average Monthly Rate |
| 40509 | $153 |
| 40511 | $130 |
| 40516 | $105 |
| 40504 | $124 |
| 40515 | $165 |
Average Auto Insurance Rates In Madison – By Age
One of the main factors in car insurance pricing is age. Younger drivers, particularly teens, are charged higher premiums due to their inexperience and higher risk of accidents or violations. The annual cost for teenagers is usually around $7,599.
At age 25, many drivers experience a reduction in insurance rates, as long as they have no traffic violations or accidents on their record.
Insurance companies often offer the most affordable rates to drivers in their 50s and early 60s, using age to gauge experience and risk, which plays a significant role in setting premiums.
| Age | Average Yearly Rate |
| Teenagers | $2,012 |
| 20s | $1,558 |
| 30s | $960 |
| 40s | $958 |
| 50s | $1,100 |
| 60s | $960 |
| 70s | $900 |
Average Rates In Madison – By Vehicle
Insurance companies use details such as your car’s make, model, year, and body type to calculate your rates. Newer vehicles, especially luxury cars with high-tech features, generally carry higher premiums due to their higher repair and replacement costs.
You can refer to the table below to view the average insurance rates in Madison for different cars.
| Vehicle | Average Monthly Rate |
| Acura RDX | $56 |
| GMC Sierra | $52 |
| Chevrolet Malibu | $108 |
| Dodge Dart | $190 |
| Ford Explorer | $152 |
How Much Is Car Insurance In Other Cities In Wisconsin?
Car insurance rates are heavily influenced by the city you live in. Insurers evaluate risks like accidents, theft, and vandalism, which are more common in urban environments and lead to higher premiums.
Drivers in Los Angeles can expect to pay about $243 a month for car insurance, compared to $176 per month for drivers in San Diego.
| City | Average Monthly Rate |
| Marshfield | $80 |
| Milwaukee | $162 |
| Oshkosh | $95 |
| Racine | $119 |
| Appleton | $97 |
| Brookfield | $113 |
| Eau Claire | $90 |
| Green Bay | $90 |
| Janesville | $98 |
| Kenosha | $123 |
Find affordable Madison rates
Our Methodology
Through a detailed analysis that includes customer service ratings, product choices, pricing, and insights from online reviews, I’ve developed a thorough understanding of the car insurance landscape in Madison, WI.
Quotes Analyzed
Years Of Industry Experience
Brands Reviewed
Research Hours
FAQs
Who has the lowest car insurance rates in Madison?
The most affordable car insurance in Madison comes from GEICO for minimum coverage and from Progressive for full coverage, which includes both comprehensive and collision coverage.
What is the average cost of car insurance in Madison?
Car insurance in Madison usually costs about $180 a month, though rates may vary depending on your location, the year and model of your vehicle, and your driving record.
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