Cheap Auto Insurance Quotes in Madison, WI (2023)

As the state capital and Wisconsin’s second-largest city, Madison is one of the Midwest’s can’t-miss towns. And with a growing local tech industry, Madison is only getting bigger. In such a busy place, you need car insurance that keeps you protected.

Madison residents get around in a variety of ways, from railways to buses to even bicycles. But if you’re opting for a car, save yourself some stress by comparing car insurance quotes and finding the right policy at the right price.

Car Insurance in Madison, WI

The average cost of Wisconsin car insurance will vary from city to city and between insurance companies. Insurify analyzed the latest insurance rates in Madison, WI to find you the cheapest quotes in the area.

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• Cheap Car Insurance Wisconsin

• Compare Car Insurance

Cheapest Car Insurance in Madison, WI

The cost of car insurance can vary depending on the insurance provider. That’s because every insurance provider values information like your driving history and your credit score a little bit differently. Although the following car insurance companies offer the cheapest auto insurance premiums on average, it’s always important to compare quotes. Use Insurify to find your best rate today!

Best Car Insurance in Madison, WI

The Insurify Composite Score is calculated by analyzing multiple factors that indicate the quality, reliability, and health of an insurance company. Inputs to the score include financial strength ratings from A.M. Best, Standard & Poor’s, Moody’s, and Fitch; J.D. Power ratings, Consumer Reports customer satisfaction surveys, mobile app reviews, and user-generated company reviews. The following are the top rated companies that offer car insurance in Madison. For the complete list, see Insurify's best car insurance companies .

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Average Car Insurance Cost

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Minimum Car Insurance Requirements in Wisconsin

All motor vehicles operated or parked on Wisconsin roadways are required to be insured. Proof of insurance must be carried in your car at all times and must be available when:

• Requested by law enforcement

• Renewing vehicle registration

• The vehicle is involved in a car accident

The minimum liability insurance requirements for private passenger vehicles in Wisconsin^[1] are:

• $25,000 per person for bodily injury

• $50,000 per accident for bodily injury

As a major part of your liability insurance, bodily injury coverage covers medical bills for people other than the policyholder who are injured during an accident. Wisconsin is an at-fault state, meaning the driver who is responsible for the collision is also responsible for paying for any resulting expenses, either through their car insurance provider or out of pocket.

• $10,000 per accident for property damage

If it’s determined that an insured driver is at fault for an accident, this coverage pays for repairs to the property of the other involved parties. Additionally, property damage coverage can cover legal costs if the insured driver is involved in a lawsuit following the accident.

• $25,000 per person for uninsured/underinsured motorist bodily injury

• $50,000 per accident for uninsured/underinsured motorist bodily injury

Uninsured and underinsured motorist coverage pays for costs caused by a driver with little or no insurance after a car accident. In Wisconsin, drivers are only required to purchase coverage for bodily injury.

Madison Car Insurance Rates by Driver Age

While nothing compares to the freedom of being on the open road, insurance rates can sting when it comes to purchasing coverage for younger drivers. Though rates are more affordable in Madison than in other cities, young drivers pay more because they carry a higher risk than experienced drivers. Insurance premiums for teens in Madison average out to $219, while those in their 20s pay $145. Young drivers may be able to take advantage of discounts (like those that reward good grades) to help lower premiums.

Madison Car Insurance Rates by Driving and Accident History

Mad City motorists with a clean driving record have a financial advantage over those who don’t. Because your driving record is something insurance companies use to determine claims risk and set rates, careful drivers pay less per month for insurance on average than those who make driving mistakes. In Madison, drivers without any violations on their record pay an average of $127 a month in insurance premiums. Compare that to someone who ran a red light, and you’ll find that these drivers pay 60 percent more, at $202. That’s over $900 more per year they could save had they just been a bit more careful.

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• High-risk Car Insurance Wisconsin

• DUI Car Insurance Wisconsin

Madison Car Insurance Rates by Credit Tier

Chances are you know that insurance companies consider common factors like age and where you live when it comes to calculating insurance costs. But not everyone is aware that how well you manage your money counts, too. Credit scores can signal a lot about a person’s risk to an underwriter. That’s why credit-based insurance scores are used to better pinpoint whether you’ll make a claim. The higher your credit score, the lower your risk. Drivers in Madison with a good credit score can expect to pay an average of $134 per month for car insurance.

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Find local Madison agents

Madison, WI DMV Information

Madison features two DMV offices: one in Madison East and one in Madison West. Both offices offer drivers a variety of online services too, which might save you a trip to the DMV. Each office is open from 8:30 a.m. to 4:45 p.m. on weekdays.

Public Transportation in Madison, WI

Madison residents have plenty of options when it comes to public transportation. The city features railways that can take passengers between Chicago, Madison, Milwaukee, and Minneapolis. If you want to skip the train, regional bus lines also connect Madison to these large nearby cities.

For more detailed Wisconsin city level guides, check out these below.

• Average Cost of Car Insurance Rates in Wisconsin

• DUI Car Insurance Rates in Wisconsin

• High-Risk Driver Car Insurance Rates in Wisconsin

• Wisconsin Car Insurance with Bad Credit Rates

• Short-Term Car Insurance in Wisconsin

• SR-22 Insurance in Wisconsin

Green Driving in Madison WI

The EPA reports that the United States' transportation sector accounts for 27% of national greenhouse gas emissions. In a country of over 263 million registered vehicles, many communities are taking action to reduce their environmental impact and vehicular carbon footprint.

The state of Wisconsin offers many green driver incentives, including tax refunds, biodiesel fuel use incentives, and discounts through some car insurance carriers.

Insurify's Greenest Cities ¶ Madison ¶ 1% % of Hybrids / Electrics

How to get the best and cheapest car insurance in Madison, WI

Whether it’s by bike or by bus, Madison residents find a way to get around. But with 1.5 cars per household on average, Madison is still ultimately a driver’s city. On these busy roads, you need car insurance that meets your needs. Don’t hesitate to use Insurify if you need an easy, effective way to find car insurance that fits your lifestyle and budget.

FAQs - Madison, WI Car Insurance