Go To Top

Car insurance coverage in Madison costs an average of $1,207 annually for full coverage. That's $240 more expensive than the national average of $1,447. If you are looking for the cheapest car insurance in Madison, consider comparing quotes from multiple insurers. Rates can vary by hundreds of dollars, depending on your age, driving record, and the type of car you own.

Read this guide to find out which insurance companies in Madison provide the best car insurance coverage for you. Also, know about the carriers that have the best ratings for customer satisfaction and what rate each provider offers for your specific situation.

Cheapest car insurance companies in Madison

GEICO Casualty Co is the cheapest car insurance company in Madison with an average cost of $547 per year, based on insurance.com's rate analysis. While United Svcs Automobile Assn is second in terms of the cheapest car insurance companies in Madison. The table below shows how major insurance carriers rank for price.

CompanyAverage Annual Rates
GEICO Casualty Co$547
United Svcs Automobile Assn$570
Nationwide General$780
Standard Fire$827
State Farm Mutl Automobile Ins$878
American Family$1,027
Auto Club Group$1,091
Erie Ins Exchange$1,103
Owners$1,163
Artisan & Truckers Casualty Co$1,331
Mid-Century$1,556
Allstate P&C$1,577
Alpha P&C$1,942
Metropolitan P&C$2,504

Cheapest car insurance cost in Madison by age group

Among the carriers surveyed by Insurance.com, Geico Cas Co is the cheapest car insurance company for adult drivers. It offers insurance at about $658 a year or $55 a month.

Rates typically drop as you gain more experience on the road and adult drivers can save money by shopping around and availing themselves of the discounts for which they are eligible. Geico Cas Co is also the cheapest auto insurance company for seniors with an average cost of $707 annually.

Car insurance rates go up for drivers after they enter their senior years, but they can trim their insurance costs by comparing quotes. Apart from shopping around, seniors can take advantage of the driver discounts available to lower their car insurance premiums.

Geico Cas Co offers the cheapest car insurance for young adults in Madison at about $908 a year. While Geico Cas Co is the cheapest insurance provider for teen drivers for full coverage at an average of $2,453 a year.

The table below shows that young drivers pay higher car insurance rates than adult and senior drivers because of the lack of experience on the road. But young drivers can lower their insurance rates by shopping around, by taking advantage of the good student discount, or by staying on their parents' insurance policy for as long as they can.

Company NameAdultsSeniorsTeensYoung Adults
Geico Cas Co$658$707$2,453$908
State Farm Mut Auto Ins Co$945$891$2,848$1,595
Nationwide Ins Co Of Amer$998$921$4,005$1,981
Artisan & Truckers Cas Co$1,303$1,124$6,865$2,255
Mid Century Ins Co$1,608$1,491$8,249$2,797
Allstate Prop & Cas Ins Co$1,841$1,907$8,198$2,445

Cheapest car insurance companies in Madison by driver profile

Location and driving record are the two important factors that determine the cost of your car insurance. Your driving record can either raise or lower your car insurance premium depending on whether you have a good or bad driving history.

However, you can still find affordable coverage in Madison no matter what your driving history looks like. Make sure you compare the rates of different insurance companies to get the best deal possible.

  • Cheapest for a driver with Poor Credit: Geico
  • Cheapest for a driver with a speeding ticket: United
  • Cheapest for accident: United
  • Cheapest for DUI: State Farm

Cheapest for a driver with poor credit: Geico

Geico is the cheapest car insurance company for a driver with poor credit in Madison. Its average annual rate is $1,156 or $96 a month.

Insurance companies often require that car drivers have good credit scores, and those with bad or poor credit may face more expensive rates.

CompanyAverage Annual Rates
Geico$1,156
United$1,507
Nationwide$1,591
Standard Fire Ins Co$1,951
American Family Ins Co$2,510
Mid-Century Ins Co$2,972
Allstate$3,109
Auto Club$3,253
Erie Ins$3,307
Alpha P&C Ins Co$3,502
Artisan & Truckers Casualty Co$3,660
Owners Ins Co$5,585
State Farm$5,815
Metropolitan$6,295

Cheapest auto insurance for drivers with a speeding ticket: United

United is the cheapest auto insurance company for a driver with a speeding ticket in Madison. Its average annual premium is $986 annually or $82 per month.

If you get a speeding ticket, it can lead to higher insurance rates for 3-5 years. Make sure you compare price quotes from multiple insurers before you decide on the company.

CompanyAverage Annual Rates
United$986
State Farm$1,254
Geico$1,442
Erie Ins$1,465
Nationwide$1,620
Standard Fire Ins Co$1,731
American Family Ins Co$1,940
Allstate$2,340
Mid-Century Ins Co$2,487
Artisan & Truckers Casualty Co$2,851
Owners Ins Co$3,102
Auto Club$3,120
Alpha P&C Ins Co$3,464
Metropolitan$6,039

Cheapest auto insurance after an at-fault accident: United

United offers the cheapest car insurance rates for a driver with an accident record in Madison at about $1,164 per year. Apart from United, State Farm, Geico, and Nationwide are other cheap insurance companies on our list.

CompanyAverage Annual Rates
United$1,164
State Farm$1,360
Geico$1,461
Nationwide$1,630
Erie Ins$1,691
Standard Fire Ins Co$1,734
American Family Ins Co$1,735
Owners Ins Co$1,743
Mid-Century Ins Co$2,650
Auto Club$2,936
Allstate$3,228
Artisan & Truckers Casualty Co$3,416
Alpha P&C Ins Co$4,282
Metropolitan$6,226

Cheapest auto insurance after a DUI: State Farm

State Farm is the cheapest insurance company for a driver after a DUI or DWI offense in Allakaket at about a $1,254 year.

If you're convicted of a DUI, your insurance rates will go up and it could be years before they come down again. So, it's important to shop around and find the best deal for you.

CompanyAverage Annual Rates
State Farm$1,254
United$1,470
Geico$1,582
Standard Fire Ins Co$1,810
American Family Ins Co$1,940
Erie Ins$1,979
Nationwide$2,029
Allstate$2,411
Artisan & Truckers Casualty Co$2,470
Mid-Century Ins Co$2,563
Owners Ins Co$2,832
Alpha P&C Ins Co$3,032
Auto Club$6,752
Metropolitan$8,066

Average car insurance cost in Madison

The average car insurance rate in Madison is $1,207 a year for a full coverage policy of 100/300/100 for a driver age 30, $240 less than the national average of $1,447.

The average annual premium in Madison for minimum coverage is $374 a year or $31 a month, based on Insurance.com's rate analysis.

Average Annual RatesState Minimum Average
$1,207$374