Jeep Wrangler insurance image courtesy of QuoteInspector.com
Finding economical car insurance for a Jeep Wrangler depends on a large number of factors such as your age, the condition of your credit, and your choice of physical damage deductibles. Wisconsin drivers will pay on average $700 each year for Wrangler insurance, but that amount is an approximation based on a 50-year-old single female driver with both comprehensive and collision coverage and $250 deductibles.
But there is a good chance that you're not a 50-year-old female, possibly married instead of single, or you just want cheap liability insurance instead of full coverage. Having even a minor difference in policy rating criteria or coverages can make a large difference in the policy rate.
Every driver's needs are different, and that is why the only real way to find the most affordable coverage for your Jeep is to just compare rates yourself. It only takes a couple of minutes and you will receive prices from some of the best insurers that offer coverage in Wisconsin.
Vehicle trim level tends to have a direct impact on the insurance rate, so the price you will be charged to insure a Wrangler Sport 4WD 2-Dr trim level will be $180 lower than the price to insure the fancier Wrangler Unlimited Rubicon 4WD 4-Dr model, as shown by the rates below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Wrangler Sport 4WD 2-Dr||$134||$188||$260||$16||$78||$676||$56|
|Wrangler Unlimited Sport 2WD 4-Dr||$134||$188||$324||$20||$98||$764||$64|
|Wrangler Sport Islander Package 4WD 2-Dr||$134||$242||$260||$16||$78||$730||$61|
|Wrangler Unlimited Sport 4WD 4-Dr||$152||$188||$324||$20||$98||$782||$65|
|Wrangler Sahara 4WD 2-Dr||$152||$242||$260||$16||$78||$748||$62|
|Wrangler Unlimited Sport Islander Package 4WD 4-Dr||$152||$188||$324||$20||$98||$782||$65|
|Wrangler Unlimited Sahara 2WD 4-Dr||$152||$188||$324||$20||$98||$782||$65|
|Wrangler Rubicon 4WD 2-Dr||$152||$242||$260||$16||$78||$748||$62|
|Wrangler Unlimited Sahara 4WD 4-Dr||$152||$242||$324||$20||$98||$836||$70|
|Wrangler Unlimited Rubicon 4WD 4-Dr||$172||$242||$324||$20||$98||$856||$71|
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Table data assumes single female driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Wisconsin minimum liability limits. Discounts applied include multi-policy, safe-driver, multi-vehicle, homeowner, and claim-free. Information does not factor in specific Madison garaging location which can increase or decrease coverage prices considerably.
Finding cost effective auto insurance is not easy, and determining which companies have the best auto insurance rates for a Jeep Wrangler will involve a little more work. Each auto insurance company has their own formula for determining rates in each state, so let's begin by taking a look at the most competitive auto insurance companies in Wisconsin.
Keep in mind that Madison, WI auto insurance rates are impacted by many things that will increase or decrease the cost of your policy. Price variation is why it is crucial to compare as many rates as possible when trying to find the best auto insurance quotes for a Jeep Wrangler. Car insurance prices are influenced by many factors and can change without notice, so the most economical company the last time you checked may now be costing you a lot of money.
Cheapest Insurance Rates for Your Jeep
USAA has some of the lowest car insurance rates in Madison at around $586 per year. Partners Mutual, Erie, Nationwide, and Pekin Insurance would also make the list of some of the most economical Madison, WI insurance companies.
In the rate table above, if you are a policyholder with Nationwide and switched to Partners Mutual, you could realize a yearly savings of around $113. Wisconsin drivers with Pekin Insurance might save as much as $120 a year, and Rockford Mutual customers might cut rates by $122 a year.
To see if your current coverage is too expensive, click here or visit several of the following companies.
These premium estimates are averages across all types of insureds and vehicles and and are not calculated with a specific zip code for a Jeep Wrangler. So the auto insurance company that can offer you the lowest price may not even be in the list above. That points out the importance of why you need to quote rates from many companies using your own driver information and specific vehicle type.
Poor driving habits will raise your auto insurance rates
The easiest way to receive cheap auto insurance prices in Madison for a Wrangler is to be an attentive driver and avoid accidents and keep your driving record clean. The diagram below illustrates how speeding tickets and accidents raise car insurance costs for different age categories. The prices are based on a single male driver, full coverage, $500 deductibles, and no discounts are factored in.
In the chart above, the average cost of auto insurance in Wisconsin per year with a clean driving record and no accidents is $1,371. Factor in two speeding tickets and the average cost increases to $1,803, an increase of $431 each year. Now get one accident along with the two speeding tickets and the yearly cost of auto insurance for a Jeep Wrangler jumps again to an average of $2,234. That's an increase of $862, or $72 per month, just for not driving attentively!
Discount Madison insurance
Insurance providers that provide coverage for a Jeep Wrangler may also offer price discounts that can reduce rates by 25% or more if you are eligible. Companies and their offered discounts are:
- Farm Bureau has discounts for 55 and retired, good student, multi-policy, multi-vehicle, and safe driver.
- Liberty Mutual may offer discounts for preferred payment discount, multi-policy, new graduate, new move discount, and newly retired.
- State Farm offers discounts including safe vehicle, multiple policy, Drive Safe & Save, anti-theft, Steer Clear safe driver discount, and driver's education.
- Auto-Owners Insurance policyholders can earn discounts including good student, teen driver, anti-theft, air bags, company car, and paperless.
- GEICO has savings for good student, emergency military deployment, multi-vehicle, multi-policy, daytime running lights, and membership and employees.
- SAFECO may have discounts that include accident prevention training, drive less, teen safety rewards, anti-lock brakes, anti-theft, and homeowner.
The example below illustrates the difference between annual premium costs with and without discounts applied to the premium. The prices are based on a female driver, no violations or accidents, Wisconsin state minimum liability limits, full physical damage coverage, and $500 deductibles.
The first bar for each age group shows the average annual price with no discounts. The lower bar shows the rates with defensive driving course, passive restraint, multiple vehicle, anti-theft, safe-driver, and vehicle safety discounts applied. With discounts applied, the average savings per year on auto insurance for a Jeep Wrangler is 28% or $365.
Don't stick with an overpriced policy
Wisconsin auto insurance rates are impacted by many factors that can increase the price you have to pay for coverage. Getting older, having a teen driver, or having a fender bender can produce rate changes resulting in some rates now being much cheaper than others.
Not only may your risk profile change, but car insurance companies file new rates as needed in order to remain profitable. Higher than normal claim frequency or severity may cause higher priced premiums, while a better loss history can produce cheaper Wrangler insurance rates.
To help illustrate this point, the chart below shows the cheapest car insurance in Madison, WI for a 40-year-old male driver with a clear driving record, no claims, and a decent credit rating. If we estimate rates based on his current rating profile, USAA might quote the most affordable car insurance rates in Madison at $652 a year. This is $509 less than the average rate paid by Wisconsin drivers of $1,161. Partners Mutual, Erie, Rockford Mutual, and Nationwide also make the list of the top five cheapest Madison, WI auto insurance companies.
Now let's give the driver in the first example some claims, a lower credit rating, and a few blemishes on his driving record. Because each insurer has a unique approach for filing rates in each state, analyzing rate quotes most likely will result in a significantly different list of the cheapest companies as shown below.
Rural Mutual Insurance now has the cheapest insurance rate in Madison with Western National, Integrity Mutual, Travelers, and Partners Mutual now being in the top five. This example shows why it is crucial to compare as many rates as possible to find affordable auto insurance rates for a Jeep Wrangler.
Rates are calculated by many different factors and change dramatically, so the lowest-price company when you bought your policy may now be quite expensive.
How to find low-cost auto insurance for a Jeep Wrangler
It is possible to find better rates, and here are some of the recommended penny-pinching suggestions that can help you locate low-cost car insurance.
- Higher credit scores can equal lower rates
- Safe vehicles cost less to insure
- Avoid filing excessive claims
- Drop full coverage on older vehicles
- Buying your home and auto policies from the same company can earn a discount
- Increase deductibles to save money
- Ensure you have the best deal by shopping around regularly
The last tip is extremely necessary, as was emphasized in this article. Prices in Madison can change significantly in a year, so don't be afraid to buy from a new company if a cheaper rate is available.
Loyalty to a specific company is fine, but it's not recommended if that dedication is costing money that could be spent on other things. In just a couple of minutes you could compare rates and find cheaper auto insurance for a Jeep Wrangler.