How Much Does Auto Insurance Cost in Madison?


Madison premiums fall below Wisconsin's average by $54, which is why the city is recognized for its economical premiums. We've analyzed how car insurance rates in Madison compare to costs nationwide.


AUTO INSURANCE PRICES: MADISON VS. NATIONAL/STATE AVERAGES
City AverageState AverageNational Average
$1,008$1,062$1,569


Madison Car Insurance Rates by Age Bracket

When drivers reach their 20s in Madison, therefore moving out of the teenage age bracket, they save an average of $3,913. It is the largest difference between any age group. The first time drivers can expect their age to trigger an increase in rates is when they turn 60. Teenage drivers have the largest premiums amongst all the age groups. They pay around $4,806 on car insurance premiums. Drivers in their 50s save money on premiums, as they have the smallest rates among all age groups, paying only $893 every year. However, those in their 60s ($927) have premiums that aren't much higher.


MADISON CAR INSURANCE COSTS BY DRIVER AGE
AgeAverage Rate
Teenagers$4,806
20s$1,415
30s$994
40s$959
50s$893
60s$927
70s$1,066


Madison Car Insurance by Gender and Marital Status


Pricing for car insurance premiums in Madison is dictated by a lot of things, including marital status and gender. Rates for those who are widowed are slightly cheaper than rates for those who are single. You spend roughly 9% more per year if you're single as opposed to married. Normally, females have premiums that are cheaper than those for males, but not by much.


MADISON AUTO INSURANCE RATES BY GENDER AND MARITAL STATUS
Marital Status/GenderAverage Rate
Female$1,006
Male$1,008
Single$1,008
Married$927
Divorced$1,008
Widowed$1,002


Madison Car Insurance by Credit Score


For those with Very Poor credit (300-579), as opposed to Exceptional credit (800-850), car insurance premiums nearly triple. Moving from Very Poor (300-579) to Fair (580-669) hands over the most notable decrease in premiums to drivers, as they save an average of $719 per year.


MADISON AUTO INSURANCE RATES BY CREDIT LEVEL
Credit ScoreAverage Rate
Very Poor$1,920
Fair$1,200
Good$1,008
Very Good$916
Exceptional$844


Madison Car Insurance With Accidents or Violations


A history of accidents and violations can cost you in terms of car insurance rates. Reckless driving will increase your car insurance premiums more than other driving violations. Normally, a DUI in Madison will cost you 48% more in car insurance premiums versus the city average ($1,008). Reckless driving will also drive your rates up, with average rates of $1,647. That is 63% higher than the city average! The value of the damage caused by an accident plays a part in the degree to which insurance rates will rise. For those in Madison with at-fault accidents in which damages exceeded $2,000, rates are an average of 19% more than at-fault accidents with damages less than $1,000.


AVERAGE MADISON INSURANCE RATES AFTER A VIOLATION OR ACCIDENT
Violation/IncidentMean Rate
DUI/DWI$1,493
Reckless Driving$1,647
At-fault Accident (damages less than $1,000)$1,333
At-fault Accident (damages greater than $2,000)$1,583
Speeding Ticket (16-20 mph over speed limit)$1,264


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

Madison Driving Conditions

Inclement weather goes hand in hand with wet brakes, slick roads & decreased visibility.

And that's not the worst of it. Each year there are more than 700,000 weather-related car accidents. In Madison, you can expect 114 rainy days with an annual rainfall of 31 inches. Madison is also known to experience severe winter storms. You can check on the condition of the roads anytime here.

114

Rainy Days a Year

31"

Avg. Annual Rainfall

38"

Avg. Annual Snowfall

Be Prepared For

Driving in Madison

2
Major Highways
I-39 I-90 I-94
2
Public Transit
Metro Bus

Find Local Madison Agents

Hausmann-Johnson Insurance Inc

700 Regent St Madison, WI 53715

WBA Employee Benefits Corporation

4721 S Biltmore Ln Madison, WI 53718

Neckerman Insurance Services

6200 Mineral Point Road Madison, WI 53705

Consumers Insurance Services, Inc.

PO Box 7698 Madison, WI 53707

Greater Ins Svc Corp

P O Box 8633 Madison, WI 53708

The Benefit Works LLC

6200 Mineral Point Rd Madison, WI 53705

National CU Svcs Inc

P O Box 8063 Madison, WI 53708

Gander Consulting Group, LLC

621 North Sherman Avenue Madison, WI 53704

Johnson Insurance Services LLC

525 Junction Road Madison, WI 53717

TRICOR Inc

2001 W. Beltline Hwy, Suite 201 Madison, WI 53713

Not sure about Madison

Check out these other Wisconsin cities...

Milwaukee

2

$1,011

The average Madison resident's annual cost of coverage

2

40%

Our customer's average savings after comparing insurance

Revised

162

That's equal to 162 cups of coffee or $404 in savings

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Recent Questions:

Madison Car Insurance

Can I get a non-owners insurance policy so that I can get a restricted license?

It's hard to give a direct answer to your question, as restricted licenses are considered on a case-by-case basis. Some insurance companies will provide such insurance, but they too would have to know all of the details surrounding your situation.

What happens if someone makes a false car insurance claim against me?

Thank you for your question. After any accident, I recommend taking pictures and recording as much information as possible.

Who pays liability when you are hit by someone driving a rental car?

Technically, the damage should be paid through the policy providing liability coverage on the vehicle of the at fault party. This will all depend on the details of the rental policy agreement.