Madison, WI Car Insurance

What is the average cost of car insurance in Madison?

Auto insurance costs an average of $1,150 per year in Madison. That's cheaper than the statewide average in Wisconsin ($1,181) and less expensive than the national average of $1,548. Keep reading to learn more about how much you can expect to pay based on your marital status, age, credit score, and other common factors in Madison.

MADISON CAR INSURANCE RATES

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Madison car insurance rates by insurer

The difference in auto insurance rates from company to company can be substantial. For a typical insurance customer, GEICO provides Madison's cheapest rates. We've listed the best cheap car insurance companies in Madison below. Use this information as a starting point and be sure to compare quotes specific to your unique driving profile.

MADISON CAR INSURANCE PREMIUMS BY COMPANY

Check out our guide to learn how to find the best cheap car insurance.

Auto insurance premiums by age in Madison

The best age for car insurance rates as a driver in Madison is your 50s: drivers in this age group pay an average of $967per year. Drivers in their 60s pay marginally higher rates — $1,004 per year.

The Madison drivers who pay the highest insurance rates are teenagers. One of the easiest ways to lower your car insurance rates as a driver in Madison is to age out of your teenage years. The cost differential between the auto insurance rates paid by teenage drivers and drivers in their 20s in Madison is $3,207, the largest such difference between any two age groups.

CAR INSURANCE RATES BY AGE TIER IN MADISON

Learn more about the impact of age on auto insurance rates.

Madison auto insurance rates by marital status and gender

Marital status and gender are contributing factors to car insurance rates in many cases. In Madison, married drivers pay $120 less than single drivers for car insurance. Married drivers enjoy less expensive rates than their single counterparts in most locations, based on data showing they file fewer insurance claims. Rates for those who are widowed are also much cheaper than rates for those who are single. Interestingly enough, in Madison, single drivers pay more than those who are widowed.

Gender is another factor that can affect car insurance rates. Madison's car insurance cost gap by gender is $19 per year, with male drivers paying more than female drivers.

MADISON CAR INSURANCE RATES: BY MARITAL STATUS AND GENDER

Read more about the relationships between gender, marital status and insurance rates.

Madison car insurance costs by incident history

If you want to keep your car insurance costs reasonable, keep your driving record clean. At-fault accidents, DUIs, reckless driving citations, and speeding tickets all contribute to expensive auto insurance rates, as insurance companies reward low-risk drivers with the gift of affordable rates.

Two of the most costly citations to receive are DUI and reckless driving. Madison drivers found guilty of reckless driving face insurance rate increases of $506 per year, compared to the citywide average. A DUI violation may lead to a $404 increase, while a citation for speeding leads to a $212 rate hike.

AVERAGE MADISON INSURANCE RATES AFTER A VIOLATION OR ACCIDENT

Get more info on how a bad driving history can impact your car insurance costs.

Madison car insurance rates by credit score

In many cases, a driver's credit level is closely correlated with their auto insurance rates. In fact, Madison drivers who improve their credit score from the "Very Poor" tier (300-579) to the "Exceptional" tier (800-850) earn, on average, a 60% decrease in their auto insurance costs. Moving from "Very Poor" to "Fair" credit is an important step toward saving money on auto insurance. In Madison, improving your credit to "Fair" could help you earn a $907 decrease in annual car insurance rates.

MADISON CAR INSURANCE RATES BY CREDIT LEVEL

Learn more about the relationship between poor credit and car insurance.

What drives up car insurance rates in Madison?

Where you live in Madison affects your car insurance rates. Besides your driving history and credit score, where you live is one of the biggest contributing factors to the car insurance rates you'll pay. The reason? Crime, theft and uninsured motorists vary by ZIP code. So if you find yourself in a neighborhood that doesn’t play well with others, car insurance companies may consider you a high risk to insure, meaning: your rates could be higher than those of a pal who lives just around the block. And, unfortunately Madison is no exception to the rule. From ZIP code 53562 to 53726, premiums rise by 4 percent—that’s $38.

Expensive Madison ZIP codes: 53744, 53703, 53706, 53715, 53726

Cheap Madison ZIP codes: 53562, 53718, 53702, 53705, 53597