How Much are Car Insurance Rates for a Ford Escape in Madison?

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Finding cheap coverage for a Ford Escape in Wisconsin is pretty simple, but it depends on many rating factors such as how you use your Escape, your credit rating, and the deductible amount you use. Wisconsin drivers will pay on average $396 a year for Escape insurance, but that cost is a valuation based on a 50-year-old married female driver with both comprehensive and collision coverage and $1,000 deductibles.

The issue that arises when projecting rates is that it's very likely that you're not a 50-year-old female, maybe you are single instead of married, and you need different coverage limits than the sample rates. There is no one cookie-cutter policy that works for everyone, so the only way to find the most affordable coverage for your Ford is to put in the effort to do a thorough rate comparison.

Insure Your Ford for Less

The trim level of your vehicle will influence the annual cost of coverage, so the rate you pay to insure a Escape XLS 2WD trim level will be $38 less than the cost to insure the more expensive Escape Limited 4WD model, as shown in the prices below.

Ford Escape Insurance Rates in Madison, WI
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Escape XLS 2WD $74 $128 $184 $10 $56 $452 $38
Escape XLS 4WD $74 $128 $184 $10 $56 $452 $38
Escape XLT 2WD $74 $128 $184 $10 $56 $452 $38
Escape Limited 2WD $84 $128 $184 $10 $56 $462 $39
Escape XLT 4WD $84 $128 $184 $10 $56 $462 $39
Escape Limited 4WD $84 $156 $184 $10 $56 $490 $41
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Data based on married female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Wisconsin minimum liability limits. Discounts applied include multi-policy, claim-free, multi-vehicle, homeowner, and safe-driver. Information does not factor in zip code location which can raise or lower insurance rates considerably.

Deciding which insurers offer the cheapest car insurance rates for a Ford Escape takes more time in order to find the lowest price quote. Each insurer has a different formula to establish rates, so we'll take a look at the car insurance companies with the overall best prices in Wisconsin.

It's a good idea to be aware that Wisconsin car insurance rates are determined by lots of factors that can increase the policy price. Simply turning a year older, buying a new vehicle, or getting a driving violation can trigger changes in premium that can now make some companies affordable when they were higher priced.

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Cheapest Wisconsin car insurance ranked by price
Rank Company Cost Per Year
1 USAA $604
2 Partners Mutual $626
3 Erie $703
4 Rockford Mutual $724
5 Nationwide $745
6 Pekin Insurance $745
7 Western National $769
8 Rural Mutual Insurance $772
9 Integrity Mutual $786
10 Travelers $820
11 State Farm $896
12 West Bend Mutual $917
13 The Hartford $922
14 Auto Club Group $948
15 General Casualty $954
16 Auto-Owners $1,114
17 Progressive $1,118
18 American Family $1,125
19 Farmers $1,130
20 GEICO $1,190
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USAA offers some of the best car insurance rates in Madison at around $604 a year. Partners Mutual, Erie, Rockford Mutual, and Nationwide also qualify as some of the lowest-priced Madison, WI insurance companies.

As depicted above, if you currently have a policy with Erie and switched to USAA, you might see a yearly savings of in the neighborhood of $99. Insureds with Rockford Mutual may save as much as $120 a year, and Nationwide policyholders might realize rate reductions of up to $141 a year.

If you would like to find cheaper car insurance rates, click here to get a free quote or feel free to get quotes from the companies below.

These prices are averages across all drivers and vehicles in Wisconsin and and are not figured with an exact vehicle garaging location for a Ford Escape. So the insurer that is most affordable for your situation may not even be in the list above. That point stresses why you need to get rate quotes from many companies using your own driver and vehicle profiles.

Does it make sense to buy full coverage?

Paying a lower price for car insurance should be important to most vehicle owners, and one of the easiest ways to reduce the cost of insurance for a Ford Escape is to not buy full coverage. The illustration below visualizes the comparison of auto insurance rates with full coverage and liability only. The data is based on a clean driving record, no claims, $500 deductibles, single marital status, and no policy discounts are applied.

If we average all the age groups together, full coverage on your policy costs an extra $1,092 per year more than just buying liability only. That is a big expense that brings up the question if buying full coverage is a waste of money. There isn't a steadfast formula for dropping comp and collision coverage, but there is a general guideline. If the annual cost of your full coverage insurance is 10% or more of any settlement you would receive from your insurance company, then it may be the right time to buy liability only.

For example, let's assume your vehicle's replacement cost is $4,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled, the most you would get paid by your company is $3,000 after paying the physical damage deductible. If you are paying over $300 annually for comprehensive and collision coverage, the it may be a good time to stop paying for full coverage.

There are some cases where removing full coverage is not advised. If you have an outstanding loan on your vehicle, you are required to maintain full coverage in order to keep the loan. Also, if your emergency fund is not enough to purchase a different vehicle in the event your current vehicle is totaled, you should not opt for liability only.

Who has the cheapest Escape insurance?

Wisconsin car insurance rates are determined by lots of factors which can substantially change the cost of a policy. Simply having a birthday, filing a claim, or getting a ticket for running a stop sign may generate price changes resulting in some rates now being more affordable than the competition.

Not only may your situation change, but auto insurance companies change premium rates every year in order to maintain liquidity for claims. Higher than normal claim frequency or severity may cause increased rates, while lower claims may result in lower-cost Escape insurance rates.

To help illustrate this point, the bar chart below shows a variety of companies that have the cheapest car insurance in Madison, WI for a 30-year-old male driver with no accidents, a clean driving record, and good financial standing. When quoting prices based on his current risk factors, USAA might offer the most affordable car insurance rates in Madison at $672 per year. This is $489 less than the average premium paid by Wisconsin drivers of $1,161. Partners Mutual, Erie, Nationwide, and Rockford Mutual are the remaining cheapest Madison, WI auto insurance companies.

Now we will give the driver in the first example an at-fault accident, bad credit, and a traffic citation. Due to the fact that every auto insurer uses their own method to determine rates, comparing quotes may now result in a substantially altered list of affordable Madison car insurance companies as shown below.

Integrity Mutual now has the lowest price in Madison with Rural Mutual Insurance, Travelers, Western National, and West Bend Mutual also having competitive pricing. This example illustrates why drivers need to take the time to shop around when trying to find the cheapest car insurance quotes for a Ford Escape. Prices can be altered by many risk factors and can change substantially, so the best price the last time you checked may now be costing you a lot of money.