Wouldn’t life be great if we could tell you the single best car insurance company that has the best auto insurance prices for nurses? Unfortunately, it’s not that simple as there are a whole bunch of unknown aspects such as where you live, your annual mileage driven, if you are married, and how well you maintain your credit. In this article, we will teach you about the causes of high insurance rates and will hopefully give you a good beginning to your quest for cheaper car insurance in Wisconsin.
Finding dependable, low-cost insurance is easier said than done, and deciding which insurers offer the best car insurance rates for nurses involves even more rate comparisons. Each insurance company uses a slightly different approach for determining rates, so let’s rank the car insurance companies with the overall best prices in Madison, WI.
It’s a good idea to know that Madison car insurance rates are impacted by many things that control the cost of your policy. This price variation is why it is critical to do a thorough rate comparison when trying to get the cheapest auto insurance quotes for nurses. Insurance prices are impacted by many risk factors and can increase or decrease at any time, so the best option the last time you shopped your coverage around may now be an over-priced policy.
Compare Cheap Insurance Quotes for Health Occupations
|Rank||Company||Cost Per Year|
|7||Rural Mutual Insurance||$779|
|11||West Bend Mutual||$899|
|15||Auto Club Group||$968|
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USAA may offer some of the best car insurance rates in Madison at around $598 per year. This is $563 less than the average policy premium paid by Wisconsin drivers of $1,161. Partners Mutual, Erie, Pekin Insurance, and Nationwide are also some of the more affordable Madison, WI car insurance companies.
As depicted above, if you have coverage with Pekin Insurance and switched to Partners Mutual, you may see an annual premium reduction of around $113. Customers with Nationwide could save as much as $120 a year, and Rockford Mutual customers might see rate reductions of $122 a year.
It’s important to note that these premiums are averages for all drivers and vehicles in Wisconsin and are not factoring in a specific vehicle garaging location for nurses. So the auto insurance company that fits you best may not even be in the top 30 companies shown above. That point stresses why you need to compare prices as often as possible using your own driver information and specific vehicle type.
For health professionals, one of the big components that determine insurance cost is where you normally keep your vehicle. Cities with more crime and/or more people likely pay more, whereas areas that tend to be more rural have the luxury of cheap car insurance rates.
The table below ranks the most expensive places in Wisconsin for nurses to purchase auto insurance in. Madison shows up at #17 with the yearly price of $1,030 for the average policyholder, which is around $86 per month.
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Annual rates are approximated as the garaging address in Madison can alter prices substantially.
The vehicle model you are trying to insure is probably the most important factor when consumers are trying to find cheap auto insurance for nurses. Vehicles with lower acceleration and performance, advanced safety features, or a positive history of liability claims will cost less to insure than fast, unsafe models. The data below features insurance prices for the most affordable vehicles to buy coverage for.
|Make and Model||Estimated Cost for Full Coverage|
|Honda CR-V EX-L 4WD||$1,120|
|Jeep Grand Cherokee Laredo 2WD||$1,133|
|Chevrolet Equinox LT 2WD||$1,142|
|Toyota RAV4 Limited 4WD||$1,133|
|Toyota Tacoma Double Cab 4WD||$1,143|
|Toyota Corolla LE||$1,193|
|Nissan Altima 2.5 S 4-Dr Sedan||$1,202|
|Ford Escape XLT 4WD||$1,204|
|Ford Fusion SEL 4-Dr Sedan||$1,216|
|Hyundai Sonata GLS 4-Dr Sedan||$1,223|
|Jeep Wrangler Unlimited Rubicon 4WD 4-Dr||$1,256|
|Dodge Ram 3500 Crew Cab ST 2WD||$1,260|
|Honda Accord LX-S 2-Dr Coupe||$1,276|
|Ford Focus SES 2-Dr Coupe||$1,282|
|Volkswagen Jetta 2.0T Station Wagon||$1,280|
|Chevrolet Silverado LT Extended Cab 4WD||$1,298|
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Data assumes single female driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Wisconsin minimum liability limits. Discounts applied include homeowner, safe-driver, claim-free, multi-policy, and multi-vehicle. Rates do not factor in specific Madison, WI garaging location which can raise or lower premium rates noticeably.
Looking at the rates, we can presume that makes and models like the Toyota Prius, Honda CR-V, and Jeep Grand Cherokee should be a few of the most budget-friendly vehicles to insure for health professionals.
Picking the highest-rated car insurance company can be challenging considering how many companies there are in Madison. The ranking data below may help you decide which coverage providers you want to consider when shopping around. The ratings below only include the largest companies in the United States, so smaller regional companies will not be included in these rankings.
Top 10 Large Auto Insurance Providers in Madison Ranked by Claims Service
- Liberty Mutual
- AAA Insurance
- Safeco Insurance
- The General
Top 10 Large Auto Insurance Providers in Madison Ranked by Value
- AAA Insurance
- Erie Insurance
- Liberty Mutual
- State Farm
- Safeco Insurance
- 21st Century
How to get discounts on Madison auto insurance rates
Car insurance companies that sell policies for nurses may also provide discounts that could lower prices by as much as 40% or more if you meet specific eligibility requirements. Popular car insurance companies and a partial list of their discounts can be found below.
- GEICO offers discounts including defensive driver, federal employee, good student, anti-lock brakes, multi-vehicle, driver training, and seat belt use.
- MetLife offers premium reductions for claim-free, defensive driver, good driver, multi-policy, good student, accident-free
- State Farm may have discounts that include multiple policy, multiple autos, defensive driving training, Steer Clear safe driver discount, and Drive Safe & Save.
- Progressive discounts include multi-policy, continuous coverage, homeowner, online signing, multi-vehicle, online quote discount, and good student.
- Mercury Insurance may offer discounts for anti-theft, ease of repair, type of vehicle, annual mileage, and multi-policy.
- 21st Century has savings for 55 and older, student driver, theft prevention, teen driver, and defensive driver.
- Allstate offers discounts for EZ pay plan discount, utility vehicle, economy car, passive restraint, premier discount, and good student.
The information below compares insurance costs with and without discounts. The information is based on a male driver, no claims or violations, Wisconsin state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows the price with no discounts. The second bar shows the rates with anti-theft, defensive driving course, homeowner, multiple policy, vehicle safety, and accident-free discounts applied. When these discounts are applied, the average amount saved each year on car insurance for nurses is 28% or $498.
Impact of violations and accidents on rates
The recommended way to find the cheapest car insurance prices for health professionals is to drive attentively and avoid tickets and accidents. The information below demonstrates how citations and at-fault fender-benders can impact annual premium costs for different age categories. The rate quotes are based on a single female driver, full coverage, $1,000 deductibles, and no other discounts are factored in.
In the example above, the average cost of auto insurance in Madison per year with no violations or accidents is $1,237. Receive two speeding tickets and the average cost jumps to $1,647, an increase of $410 each year. Now add in one accident along with the two speeding tickets and the annual cost of car insurance for nurses goes up to an average of $2,067. That’s an increase of $830, or $69 per month, just for being a less-than-perfect driver!
Compare rates to save
Wisconsin car insurance rates are influenced by many factors which can substantially change the cost of your policy. Improving your credit rating, buying a different vehicle, or having an accident may generate price changes that can make some companies more affordable than others.
And not only may your rating factors change, but auto insurance companies file new Wisconsin auto insurance rates every year or even multiple times each year in order to remain profitable. Larger than normal claims may cause more expensive prices, while a better claims history can produce cheaper Madison car insurance rates.
To illustrate this example, the data below compares the cheapest car insurance in Madison, WI for a 30-year-old female driver with no prior claims, no tickets, and solid credit. If we look at prices based on her current risk factors, USAA has the most affordable car insurance rates in Madison at $664 per year. This is $497 less than the average rate paid by Wisconsin drivers of $1,161. Partners Mutual, Rockford Mutual, Erie, and Pekin Insurance are the remaining most affordable Madison, WI auto insurance companies.
The example below compares rates after we give the driver from the above example some claims, a lower credit rating, and a stop sign violation. Since every car insurance company has a different process to set policy rates, comparing prices may now present a substantially altered list of companies as shown below.
Nationwide now has the cheapest car insurance in Madison with Western National, Rural Mutual Insurance, Travelers, and West Bend Mutual completing the list. This shows why Wisconsin drivers need to perform an extensive rate comparison to get the lowest auto insurance rates for nurses. Rates are influenced by many factors and can change substantially, so the best price the last time you shopped around may now not even be in the top five.
The Madison auto insurance agencies shown below can most likely provide answers to your questions and help you determine which coverages and limits you need, since lots of drivers aren’t clear which coverage they need and would like to get help from a professional when trying to find lower insurance rates for health professionals. It can be hard to find the best coverage on your own, and getting advice from a licensed Wisconsin insurance agent can give you comfort knowing you have adequate protection. To find an auto insurance agency using an interactive map, click the button following the list.
- R and S Insurance
1520 Vernon St – Madison, WI 53703 – (608) 251-0022
- Farmers Insurance – The Arttus Agency
624A Struck St – Madison, WI 53719 – (608) 271-9395
- Farmers Insurance
2317 International Ln – Madison, WI 53704 – (608) 249-7380
- Cheng Vang – State Farm Insurance Agent
2110 N Sherman Ave – Madison, WI 53704 – (608) 661-5700
- Affiliated Insurance-Wisconsin
3830 Atwood Ave – Madison, WI 53714 – (608) 273-3361