Average car insurance cost in Madison
The average cost of full coverage car insurance in Madison is $1,935 per year, or about $161 per month. This rate is based on 100/300/100 liability limits and $500 deductibles. State minimum insurance averages $459 annually but offers substantially less coverage.
The required state minimum liability limits are 25/50/10. A minimum-coverage policy pays for injuries or property damage you cause to others, up to the policy limits. It does not include comprehensive or collision insurance for damage to your own car.
Full coverage car insurance may cost more than the state minimum, but it offers valuable protection beyond just covering damage to other drivers' vehicles. Unlike state minimum, full coverage includes damage to your vehicle in addition to liability coverage.
You can lower your full coverage premiumThe payment required for an insurance policy to remain in force. Auto insurance premiums are quoted for either 6-month or annual policy periods. by comparing quotes from different carriers.
| Average 6 month premium | $968 |
| Average annual premium | $1,935 |
| State minimum premium | $459 |
Cheapest car insurance companies in Madison
GEICO offers the cheapest full coverage car insurance in Madison at $996 per year. Travelers has the next-lowest average rate. Since insurance companies use different pricing methods, the most affordable carrierAn insurance carrier is the company that provides your car insurance policy and pays claims. varies significantly from one driver to another.
Your location, driving record, vehicle, selected limits, and insurance company all influence your premium. When comparing insurers, request quotes with matching coverage limits and deductibles to ensure the price comparison is accurate.
Below are the companies that offer cheap car insurance to drivers in Madison.
| Company | Average 6 month premium | Average annual premium |
|---|---|---|
| GEICO | $498 | $996 |
| Travelers | $639 | $1,278 |
| Erie Insurance | $809 | $1,618 |
| Nationwide | $829 | $1,658 |
| West Bend Insurance Company | $853 | $1,705 |
| Acuity Insurance | $1,231 | $2,462 |
| Farmers | $1,248 | $2,495 |
| Allstate | $1,405 | $2,811 |
| Progressive | $1,668 | $3,337 |
| USAA | $541 | $1,083 |
Cheapest car insurance cost in Madison by age group
Car insurance prices in Madison differ by age because insurers consider how driving experience impacts expected accident risk. Erie Insurance is the cheapest company for teens, GEICO for young adults, GEICO for adults, and GEICO for seniors, based on the rates in our analysis.
Take a look at the cheapest companies in Madison by age below:.
- Cheapest for teens: Erie Insurance
- Cheapest for young adults: GEICO
- Cheapest for adults: GEICO
- Cheapest for seniors: GEICO
Teen drivers pay the highest insurance rates because they have the least driving experience and a higher likelihood of accidents. Erie Insurance offers the cheapest car insurance for teens at $3,985 per year.
For young adults, GEICO offers the lowest average rate at $1,619 annually. Young adults pay less than teenagers as they gain experience, but their premiums remain higher than rates for older adult drivers.
GEICO is the least expensive insurer for adult drivers in Madison, with an average annual premium of $992. Adults benefit from greater driving experience and a lower likelihood of filing an accident claimAn insurance claim is a request you make to your insurance company for coverage after your car is damaged or you have an accident. You can file a claim online, by phone, or in writing..
Senior drivers can find the cheapest average car insurance from GEICO at $1,125 per year. Premiums may increase for some older drivers when insurers account for changes in reaction time, vision and accident risk.
| Company | Teens | Young adults | Adults | Seniors |
|---|---|---|---|---|
| GEICO | $4,122 | $1,619 | $992 | $1,125 |
| Travelers | $4,927 | $2,308 | $1,305 | $1,294 |
| Erie Insurance | $3,985 | $2,622 | $1,642 | $1,691 |
| Nationwide | $5,879 | $2,762 | $1,663 | $1,549 |
| West Bend Insurance Company | $4,769 | $3,059 | $1,684 | $1,697 |
| Farmers | $10,548 | $4,065 | $2,375 | $2,271 |
| Acuity Insurance | $12,970 | $4,086 | $2,469 | $2,377 |
| Allstate | $12,174 | $4,256 | $2,860 | $2,844 |
| Progressive | $15,190 | $5,425 | $3,266 | $2,955 |
| USAA | $3,365 | $1,682 | $1,092 | $1,088 |
Cheapest car insurance companies in Madison by driver profile
The cheapest car insurance provider in Madison varies based on driving history and credit-based insurance information. Travelers has the lowest rate after an at-fault accident, Travelers after a DUI, and Erie Insurance after a speeding ticket. Shopping around becomes particularly valuable after a violation.
Below are some of the cheapest car insurance companies in Madison by driver profile.
- Cheapest for poor credit: GEICO
- Cheapest for an at-fault accident: Travelers
- Cheapest for a DUI: Travelers
- Cheapest for a driver with a speeding ticket: Erie Insurance
Cheapest for a driver with poor credit: GEICO
GEICO is the most affordable car insurance for drivers with poor credit. On average, drivers in Madison pay about $1,526 per year for it.
Here are some car insurance companies that offer cheap car insurance rates for drivers with poor credit in Madison.
| Company | Average 6 month premium | Average annual premium |
|---|---|---|
| GEICO | $763 | $1,526 |
| Travelers | $1,021 | $2,041 |
| Nationwide | $1,179 | $2,358 |
| Erie Insurance | $1,888 | $3,776 |
| Allstate | $2,179 | $4,357 |
| Farmers | $2,647 | $5,293 |
| Progressive | $2,807 | $5,615 |
| USAA | $1,019 | $2,039 |
Cheapest auto insurance after an at-fault accident: Travelers
After an at-fault accident, Travelers has the cheapest average car insurance in Madison at $1,855 per year. Insurers raise premiums following an at-fault crash because it may indicate a higher likelihood of another claim, but the amount of the increase varies by company.
The table below shows the most affordable car insurance companies for drivers with an at-fault accident in Madison.
| company | Average 6 month premium | Average annual premium |
|---|---|---|
| Travelers | $927 | $1,855 |
| GEICO | $991 | $1,981 |
| Erie Insurance | $1,079 | $2,158 |
| Nationwide | $1,467 | $2,934 |
| Farmers | $1,930 | $3,860 |
| Allstate | $2,249 | $4,499 |
| Progressive | $2,900 | $5,800 |
| USAA | $781 | $1,562 |
Cheapest auto insurance after a DUI: Travelers
Travelers offers the cheapest car insurance rates for drivers with a first-offense DUI/DWI on their driving record. The average rate is $1,984 per year, making it the cheapest option amongst all the companies analyzed.
A DUI significantly increases your auto insurance premiums. But rates can be reduced over time by maintaining a clean driving record or completing a state-approved defensive driving course.
Here are the cheapest car insurance companies for drivers with a DUI in Madison.
| Company | Average 6 month premium | Average annual premium |
|---|---|---|
| Travelers | $992 | $1,984 |
| GEICO | $1,202 | $2,404 |
| Erie Insurance | $1,263 | $2,527 |
| Allstate | $1,773 | $3,546 |
| Progressive | $1,874 | $3,748 |
| Nationwide | $1,905 | $3,810 |
| Farmers | $2,540 | $5,080 |
| USAA | $988 | $1,976 |
Cheapest for drivers with a speeding ticket: Erie Insurance
Erie Insurance offers the cheapest car insurance at $1,790 in Madison for drivers with a speeding ticket on their driving records. Getting a speeding ticket can raise your car insurance rates, but some companies offer lower premiums than others.
Here are the companies that offer affordable auto insurance for drivers with a speeding ticket.
| Company | Average 6 month premium | Average annual premium |
|---|---|---|
| Erie Insurance | $895 | $1,790 |
| Travelers | $952 | $1,904 |
| GEICO | $967 | $1,934 |
| Nationwide | $1,429 | $2,859 |
| Allstate | $1,610 | $3,220 |
| Farmers | $1,889 | $3,777 |
| Progressive | $2,210 | $4,420 |
| USAA | $632 | $1,264 |
Car insurance discounts for Madison drivers
The largest available car insurance discount in Madison is Years Insured, which provides average savings of 57% through Rural Mutual. Savings and eligibility vary by insurer, but drivers may also qualify for safe-driving, good-student, bundling, vehicle-safety, and payment-related discounts.
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Here are some of the car insurance discounts insurers offer to Madison drivers and how much you could save on average.
| Category | Company | Premium before discount | Premium after discount | % Discount | $ Difference |
|---|---|---|---|---|---|
| Air Bags | Nationwide | $1,825 | $1,816 | 1% | $9 |
| Anti-Theft Device | GEICO | $1,376 | $1,363 | 1% | $13 |
| Comp and Coll Deductibles | Travelers | $1,284 | $1,132 | 12% | $152 |
| Comp and Coll Deductibles | GEICO | $1,376 | $1,221 | 11% | $155 |
| Comp and Coll Deductibles | Erie Insurance | $1,951 | $1,463 | 25% | $487 |
| Comp and Coll Deductibles | Nationwide | $1,825 | $1,623 | 11% | $202 |
| Comp and Coll Deductibles | West Bend Insurance Company | $1,844 | $1,698 | 8% | $146 |
| Comp and Coll Deductibles | Acuity Insurance | $2,464 | $2,113 | 14% | $351 |
| Comp and Coll Deductibles | Farmers | $2,664 | $2,418 | 9% | $246 |
| Comp and Coll Deductibles | Allstate | $2,923 | $2,494 | 15% | $429 |
| Comp and Coll Deductibles | Progressive | $3,563 | $3,057 | 14% | $506 |
| Daily Commute | West Bend Insurance Company | $1,844 | $1,681 | 9% | $162 |
| Daily Commute | Erie Insurance | $1,951 | $1,788 | 8% | $162 |
| Daily Commute | Acuity Insurance | $2,464 | $2,434 | 1% | $29 |
| Days Advanced Purchase | Travelers | $1,284 | $1,216 | 5% | $68 |
| Days Advanced Purchase | Nationwide | $1,825 | $1,543 | 15% | $283 |
| Days Advanced Purchase | Erie Insurance | $1,951 | $1,756 | 10% | $195 |
| Days Advanced Purchase | Acuity Insurance | $2,464 | $2,227 | 10% | $237 |
| Days Advanced Purchase | Farmers | $2,664 | $2,452 | 8% | $212 |
| Days Advanced Purchase | Allstate | $2,923 | $2,611 | 11% | $312 |
| Days Advanced Purchase | Progressive | $3,563 | $3,527 | 1% | $36 |
| Days Per Week Driven | West Bend Insurance Company | $1,844 | $1,694 | 8% | $150 |
| Education | GEICO | $1,376 | $961 | 30% | $415 |
| Education | Acuity Insurance | $2,464 | $2,400 | 3% | $64 |
| Education | Progressive | $3,563 | $3,480 | 2% | $83 |
| Electronic Funds Transfer | Travelers | $1,284 | $1,259 | 2% | $26 |
| Electronic Funds Transfer | Nationwide | $1,825 | $1,749 | 4% | $76 |
| Electronic Funds Transfer | Farmers | $2,664 | $2,612 | 2% | $52 |
| Electronic Funds Transfer | Allstate | $2,923 | $2,793 | 4% | $130 |
| Homeowner | Farmers | $2,664 | $2,351 | 12% | $313 |
| Homeowner | Allstate | $2,923 | $2,753 | 6% | $170 |
| Homeowner | Progressive | $3,563 | $3,418 | 4% | $145 |
| Lower Annual Mileage | Travelers | $1,284 | $1,168 | 9% | $117 |
| Lower Annual Mileage | GEICO | $1,376 | $1,330 | 3% | $46 |
| Lower Annual Mileage | Erie Insurance | $1,951 | $1,789 | 8% | $162 |
| Lower Annual Mileage | Acuity Insurance | $2,464 | $2,217 | 10% | $247 |
| Lower Annual Mileage | Allstate | $2,923 | $2,790 | 5% | $133 |
| Lower Annual Mileage | Progressive | $3,563 | $3,401 | 5% | $162 |
| Loyalty - Years Renewal With Company | GEICO | $1,376 | $1,272 | 8% | $104 |
| Loyalty - Years Renewal With Company | West Bend Insurance Company | $1,844 | $1,806 | 2% | $37 |
| Loyalty - Years Renewal With Company | Acuity Insurance | $2,464 | $2,245 | 9% | $218 |
| Loyalty - Years Renewal With Company | Farmers | $2,664 | $2,650 | 1% | $14 |
| Loyalty - Years Renewal With Company | Progressive | $3,563 | $3,519 | 1% | $44 |
| Marital Status | GEICO | $1,376 | $1,295 | 6% | $81 |
| Marital Status | Nationwide | $1,825 | $1,632 | 11% | $194 |
| Marital Status | West Bend Insurance Company | $1,844 | $1,719 | 7% | $125 |
| Marital Status | Erie Insurance | $1,951 | $1,789 | 8% | $161 |
| Marital Status | Acuity Insurance | $2,464 | $2,263 | 8% | $201 |
| Marital Status | Farmers | $2,664 | $2,469 | 7% | $195 |
| Marital Status | Allstate | $2,923 | $2,875 | 2% | $47 |
| Marital Status | Progressive | $3,563 | $2,905 | 18% | $658 |
| Multi Policy | Travelers | $1,284 | $1,191 | 7% | $93 |
| Multi Policy | GEICO | $1,376 | $1,322 | 4% | $54 |
| Multi Policy | Nationwide | $1,825 | $1,644 | 10% | $181 |
| Multi Policy | West Bend Insurance Company | $1,844 | $1,676 | 9% | $168 |
| Multi Policy | Erie Insurance | $1,951 | $1,809 | 7% | $142 |
| Multi Policy | Acuity Insurance | $2,464 | $1,970 | 20% | $494 |
| Multi Policy | Farmers | $2,664 | $2,353 | 12% | $311 |
| Multi Policy | Allstate | $2,923 | $2,547 | 13% | $376 |
| Multi Policy | Progressive | $3,563 | $3,339 | 6% | $224 |
| Paperless/Electornic Documents | Nationwide | $1,825 | $1,749 | 4% | $76 |
| Paperless/Electornic Documents | Farmers | $2,664 | $2,580 | 3% | $84 |
| Paperless/Electornic Documents | Allstate | $2,923 | $2,663 | 9% | $260 |
| Paperless/Electornic Documents | Progressive | $3,563 | $3,528 | 1% | $35 |
| Payment Type | Travelers | $1,284 | $1,169 | 9% | $116 |
| Payment Type | Nationwide | $1,825 | $1,672 | 8% | $153 |
| Payment Type | West Bend Insurance Company | $1,844 | $1,732 | 6% | $111 |
| Payment Type | Erie Insurance | $1,951 | $1,733 | 11% | $218 |
| Payment Type | Acuity Insurance | $2,464 | $2,172 | 12% | $292 |
| Payment Type | Farmers | $2,664 | $2,532 | 5% | $132 |
| Payment Type | Allstate | $2,923 | $2,658 | 9% | $265 |
| Primary Use | Travelers | $1,284 | $1,241 | 3% | $43 |
| Primary Use | Erie Insurance | $1,951 | $1,626 | 17% | $325 |
| Primary Use | West Bend Insurance Company | $1,844 | $1,657 | 10% | $187 |
| Primary Use | Nationwide | $1,825 | $1,673 | 8% | $153 |
| Primary Use | Acuity Insurance | $2,464 | $2,376 | 4% | $88 |
| Profession | Acuity Insurance | $2,464 | $2,392 | 3% | $72 |
| Profession | Progressive | $3,563 | $2,997 | 16% | $566 |
| Safety Devices | Travelers | $1,284 | $1,254 | 2% | $31 |
| Safety Devices | GEICO | $1,376 | $1,344 | 2% | $32 |
| Safety Devices | West Bend Insurance Company | $1,844 | $1,830 | 1% | $13 |
| Safety Devices | Acuity Insurance | $2,464 | $2,425 | 2% | $38 |
| Safety Devices | Allstate | $2,923 | $2,705 | 7% | $218 |
| Safety Devices | Progressive | $3,563 | $3,423 | 4% | $140 |
| Telematics | Nationwide | $1,825 | $1,645 | 10% | $180 |
| Telematics | Progressive | $3,563 | $3,030 | 15% | $533 |
| Years Insured | Travelers | $1,284 | $829 | 35% | $455 |
| Years Insured | West Bend Insurance Company | $1,844 | $1,092 | 41% | $752 |
| Years Insured | GEICO | $1,376 | $1,133 | 18% | $243 |
| Years Insured | Acuity Insurance | $2,464 | $1,320 | 46% | $1,144 |
| Years Insured | Allstate | $2,923 | $1,397 | 52% | $1,526 |
| Years Insured | Nationwide | $1,825 | $1,748 | 4% | $77 |
| Years Insured | Farmers | $2,664 | $2,043 | 23% | $621 |
| Years Insured | Progressive | $3,563 | $3,124 | 12% | $439 |
How to get cheap car insurance in Madison in 2025
To get cheap car insurance in Madison in 2026, compare at least three quotes for the same coverage, ask about every available discount and choose the highest deductibleThe deductible is the amount you pay out of pocket for a covered loss when you file a claim. you can afford. Maintaining a clean driving record, selecting a lower-cost vehicle to insure, and reviewing coverage at renewal can also reduce premiums.
Find affordable car insurance in Madison by following these smart strategies:
- Compare quotes from multiple insurers. Different insurance companies offer different rates, so it's important to shop around. Get quotes from at least three providers and compare coverage rates to find the best deal.
- Take advantage of discounts. Look for discounts for safe drivers, good students, bundling multiple policies (such as auto and home insurance), installing safety or anti-theft devices in your car, or paying your premium in full instead of monthly.
- Choose a higher deductible. A higher deductible means you'll pay more out of pocket in case of a claim, but it also lowers your monthly premium. Make sure you can afford the one you picked.
- Maintain a good driving record. Safe driving can help you qualify for lower rates. Avoid speeding tickets, accidents, and other violations to keep your insurance costs down.
- Drive a car that's cheaper to insure. Some cars cost more to insure than others. Vehicles with high safety ratings and lower repair costs usually have lower insurance premiums.
- Consider state minimum coverage (if appropriate). If you have an older car that isn't worth much, you might save money by choosing a basic liability policy instead of full coverage. However, make sure you meet the legal requirements in Madison.
Methodology
Insurance.com commissioned 2023 data for the cheapest car insurance rates in cities from Quadrant Data Services for all 50 states and Washington, D.C. Rates are based on the following profile:
- 40-year-old male driver
- Honda Accord LX
- 12-mile daily commute, 10,000 annual miles
- Good credit
- Clean record
Rates for drivers with poor credit, speeding tickets, DUI, and at-fault accidents were sourced from the Auto Problems Report 2023.
Rates are based on coverage limits of:
- $100,000 bodily injury per person
- $300,000 bodily injury per accident
- $100,000 property damage per accident
- $500 comprehensive and collision deductible
Insurance.com analyzed rates from over 34,000 ZIP codes, 56 million quotes, and 136 companies. Based on the analysis, we have created lists of the cheapest companies for different driver profiles. USAA also made it to the list, but it offers services only to current and former military members and their families. Rates sourced from Quadrant Data Services for comparison purposes only; your rates may differ.
FAQ: Cheap Car Insurance in Madison
How much does car insurance cost in Madison?
Car insurance costs an average of $1,935 per year or about $161 per month for full coverage in Madison. This average is based on 100/300/100 liability limits with $500 deductibles.Your price depends on your driving profile and coverage choices.
Do you need full coverage car insurance in WI?
No, you don't legally need full coverage in WI, but you will be required to carry it if you're financing or leasing your car. If you own your vehicle outright, you can choose whether the extra protection is worth the higher cost based on your financial situation.
How can you get cheaper car insurance in Madison?
You can reduce your car insurance costs in Madison by comparing at least three quotes, increasing your deductible if you can afford it, and asking about all available discounts. Keeping a clean driving record and reviewing your policy at renewal can also help you consistently save money.
Compare auto insurance rates by city in Wisconsin
