If you want to find the absolute lowest rates, then the best way to find the cheapest price for Kia Sportage insurance in Madison is to compare prices once a year from providers who provide car insurance in Wisconsin. You can compare rates by following these guidelines.
- Read about policy coverages and the measures you can control to keep rates down. Many risk factors that cause rate increases such as getting speeding tickets and poor credit rating can be amended by making lifestyle changes or driving safer.
- Obtain price quotes from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can provide rates from a single company like GEICO and Allstate, while independent agents can provide prices from multiple insurance companies.
- Compare the new rate quotes to the price on your current policy and see if there is a cheaper rate in Madison. If you find a lower rate quote and make a switch, make sure the effective date of the new policy is the same as the expiration date of the old one.
- Provide written notification to your current company of your intent to cancel your current auto insurance policy. Submit any necessary down payment along with the completed application to the new company. Immediately keep your new certificate verifying proof of insurance in your glove compartment.
A good tip to remember is to compare similar deductibles and liability limits on every quote request and and to get prices from all possible companies. Doing this guarantees the most accurate price comparison and the best price quote selection.
It’s an obvious assumption that car insurance companies don’t want you to look at other companies. Insureds who compare other rates are inclined to switch auto insurance companies because of the good chance of finding more affordable rates. A recent auto insurance study revealed that drivers who compared prices once a year saved about $72 a month compared to other drivers who never compared rates.
If finding the most affordable auto insurance in Madison is your goal, then having some knowledge of how to quote and compare car insurance can make it easier for you to save money.
It’s important to know that more quotes increases the chance that you will find the best price.
The following companies provide quotes in Madison, WI. If multiple companies are listed, it’s a good idea that you visit as many as you can to get the lowest price.
Insurance discounts are available for cheaper rates
Insurance is not inexpensive, but you might find some hidden discounts that many consumers don’t even know exist. Many discounts should be triggered at quote time, but lesser-known reductions have to be specially asked for before they will apply.
- Madison Homeowners Pay Less – Simply owning a home may earn you a small savings because owning a home is proof that your finances are in order.
- Braking Control Discount – Cars that have steering control and anti-lock brakes are much safer to drive and therefore earn up to a 10% discount.
- 55 and Retired – If you qualify as a senior citizen, you can possibly qualify for a slight reduction on a Madison auto insurance quote.
- Defensive Driver – Successfully completing a course that instructs on driving safety may get you a small discount and also improve your driving technique.
- Military Deployment Discount – Being on active duty in the military could qualify you for better premium rates.
- Good Student – Excelling in school can get you a discount of up to 25%. Many companies even apply the discount to college students up until you turn 25.
- Organization Discounts – Being a member of qualifying clubs or civic groups may earn a discount when shopping for insurance.
- Student Driver Training – Reduce the cost of insurance for teen drivers by having them take driver’s ed class in high school.
- E-sign Discounts – Some of the larger companies will give a small break for signing up on the internet.
Just know that many deductions do not apply to the entire policy premium. Most only apply to specific coverage prices like medical payments or collision. If you do the math and it seems like all the discounts add up to a free policy, you won’t be that lucky.
The diagram below illustrates the difference between Kia Sportage premium costs with and without discounts applied to the premium. The costs are based on a female driver, no claims or violations, Wisconsin state minimum liability limits, full physical damage coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, safe-driver, multi-policy, homeowner, multi-car, and marriage discounts applied.
To see a list of companies that offer multiple discounts in Madison, follow this link.
Kia Sportage coverage analysis
The coverage table below covers estimates of coverage costs for Kia Sportage models. Having knowledge of how rate quotes are figured helps drivers make smart choices when purchasing an insurance policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Sportage LX 2WD 4-Dr | $74 | $132 | $220 | $14 | $66 | $506 | $42 |
| Sportage LX 2WD 4-Dr | $74 | $132 | $220 | $14 | $66 | $506 | $42 |
| Sportage EX 2WD 4-Dr | $86 | $160 | $220 | $14 | $66 | $546 | $46 |
| Sportage LX 4WD 4-Dr | $86 | $160 | $220 | $14 | $66 | $546 | $46 |
| Sportage LX | $86 | $160 | $220 | $14 | $66 | $546 | $46 |
| Sportage EX 4WD 4-Dr | $86 | $160 | $220 | $14 | $66 | $546 | $46 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes married male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Wisconsin minimum liability limits. Discounts applied include safe-driver, multi-vehicle, multi-policy, claim-free, and homeowner. Prices do not factor in garaging location in Madison which can lower or raise insurance rates considerably.
How high should deductibles be?
When comparing auto insurance rates, the most common question is how high should the physical damage deductibles be. The following tables can help you understand the costs and benefits of buying low and high coverage deductibles. The first rate comparisons uses a $250 deductible for comprehensive and collision coverage and the second price grid uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Sportage LX 2WD 4-Dr | $154 | $246 | $230 | $14 | $68 | $737 | $61 |
| Sportage LX 2WD 4-Dr | $154 | $246 | $230 | $14 | $68 | $737 | $61 |
| Sportage EX 2WD 4-Dr | $178 | $300 | $230 | $14 | $68 | $815 | $68 |
| Sportage LX 4WD 4-Dr | $178 | $300 | $230 | $14 | $68 | $815 | $68 |
| Sportage LX | $178 | $300 | $230 | $14 | $68 | $815 | $68 |
| Sportage EX 4WD 4-Dr | $178 | $300 | $230 | $14 | $68 | $815 | $68 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Sportage LX 2WD 4-Dr | $96 | $154 | $230 | $14 | $68 | $562 | $47 |
| Sportage LX 2WD 4-Dr | $96 | $154 | $230 | $14 | $68 | $562 | $47 |
| Sportage EX 2WD 4-Dr | $110 | $188 | $230 | $14 | $68 | $610 | $51 |
| Sportage LX 4WD 4-Dr | $110 | $188 | $230 | $14 | $68 | $610 | $51 |
| Sportage LX | $110 | $188 | $230 | $14 | $68 | $610 | $51 |
| Sportage EX 4WD 4-Dr | $110 | $188 | $230 | $14 | $68 | $610 | $51 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Wisconsin minimum liability limits. Discounts applied include safe-driver, multi-policy, homeowner, claim-free, and multi-vehicle. Table data does not factor in specific location information which can lower or raise coverage prices noticeably.
Based on the data above, we can derive that using a $250 deductible will cost you about $16 more each month or $192 every year than opting for the higher $1,000 deductible. Because you would pay $750 more to settle a claim with a $1,000 deductible as compared to a $250 deductible, if you usually have at least 47 months between claims, you would probably be better off by going with a higher deductible.
Full coverage versus liability only rates
The illustration below compares Kia Sportage car insurance rates with full coverage compared to only the Wisconsin minimum liability coverage. The rate quotes are based on no tickets, no at-fault accidents, $1,000 deductibles, marital status is single, and no discounts are applied to the premium.
When to stop buying comprehensive and collision coverage
There is no set rule for excluding full coverage on your policy, but there is a general guideline you can use. If the yearly cost of full coverage is more than about 10% of the replacement cost minus the deductible, then it could be time to drop full coverage.
For example, let’s assume your Kia Sportage replacement value is $3,000 and you have $1,000 full coverage deductibles. If your vehicle is damaged in an accident, the most you would get paid by your company is $2,000 after the deductible is paid. If it’s costing you more than $200 annually to have full coverage, then you might consider buying liability only.
There are some cases where eliminating full coverage is not a good idea. If you haven’t satisfied your loan, you have to keep full coverage as part of the loan conditions. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is totaled, you should maintain full coverage.
Why Smart Consumers Pay Less for Kia Sportage Insurance
It’s important that you understand a few of the rating criteria that help determine your premiums. When you know what positively or negatively controls the rates you pay, this allows you to make good choices that may reward you with cheaper rates. Many things are part of the equation when you quote your car insurance policy. Some are obvious like a motor vehicle report, but some are less obvious such as your credit history or how safe your car is.
Shown below are some of the factors used by companies to determine your prices.
Maintain auto insurance coverage – Driving any period of time without insurance is against the law and you will pay a penalty because you let your insurance lapse. Not only will rates go up, getting caught without coverage will get you a fine, jail time, or a revoked license. Then you may be required to prove you have insurance by filing a SR-22 with the Wisconsin DMV.
Your car’s features help determine prices – Choosing a vehicle with a theft deterrent system can help lower your premiums. Anti-theft features like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all help stop auto theft and help lower rates.
Discounts for multiple policies – Most companies give better rates to customers who carry more than one policy, otherwise known as a multi-policy discount. Discounts can be anywhere from five to ten percent in most cases. Even if you qualify for this discount already, drivers will still want to compare Kia Sportage rates in Madison to help guarantee you have the best rates. You may still find a better deal by buying from different companies
Is insurance coverage cheaper for females or males? – Statistics show that females take fewer risks when driving. Now that doesn’t mean males are worse at driving than females. Females and males are responsible for fender benders in similar percentages, but the men get into accidents with more damage. Men also tend to get ticketed for serious violations such as driving while intoxicated (DWI) or driving recklessly. Males from age 16 to 21 tend to get in the most accidents and therefore pay the highest rates.
The information below shows the comparison of Kia Sportage auto insurance rates for male and female drivers. The premium estimates are based on no violations or accidents, full coverage, $500 deductibles, single status, and no policy discounts are applied.
Kia Sportage statistical loss data – Insurance companies study historical loss data when setting rates for each model. Models that have a higher amount or frequency of claims will cost more for specific coverages. The table below shows the historical insurance loss data for Kia Sportage vehicles.
For each insurance policy coverage type, the statistical loss for all vehicles, regardless of make, model or trim level, is considered to be 100. Numbers below 100 represent a good loss history, while numbers shown that are more than 100 indicate more frequent claims or tendency to have higher losses.
| Specific Kia Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Kia Sportage 4dr 2WD | 82 | 100 | 66 | 113 | 127 | 109 |
| Kia Sportage 4dr 4WD | 90 | 100 | 83 | 116 | 108 | 101 |
Statistics from IIHS.org for 2013-2015 Model Years
Do I need an insurance agency?
Many drivers still like to buy from a licensed agent and that can be a smart move The best thing about comparing car insurance online is that drivers can save money and get cheaper prices and still choose a local agent.
Once you complete this simple form, the coverage information is transmitted to local insurance agents who want to provide quotes to get your business. You won’t even need to do any legwork because prices are sent to you instantly. You can most likely find cheaper rates and work with a local agent. If you need to quote rates from a specific car insurance provider, you just need to jump over to their website and submit a quote form there.
Finding a good insurer requires more thought than just a cheap price quote. Below are some questions you should ask.
- Is the agency covered by Errors and Omissions coverage?
- Is there a local claims center in Madison?
- By raising physical damage deductibles, how much would you save?
- Do they make recommendations based only on price?
- Do they offer accident forgiveness?
When looking for a reliable agent, you need to know there are two different types of agents and how they differ in how they can insure your vehicles. Car insurance policy providers are considered either exclusive or independent (non-exclusive).
Exclusive Car Insurance Agents
Agents of this type can usually just insure with one company like AAA, State Farm, Farmers Insurance, and Allstate. These agents are not able to provide other company’s prices so you might not find the best rates. Exclusive agents are usually well trained on their company’s products which helps overcome the inability to quote other rates. Consumers often use the same exclusive agent mainly due to loyalty to the company and strong financial ratings.
Shown below are exclusive insurance agencies in Madison that are able to give comparison quotes.
- Aaron Perry – State Farm Insurance Agent
2605 Monroe St – Madison, WI 53711 – (608) 238-7107 – View Map - American Family Insurance – Jennifer Haack Agency LLC
3312 Packers Ave – Madison, WI 53704 – (608) 249-2182 – View Map - Michael Wegner – State Farm Insurance Agent
425 Grand Canyon Dr – Madison, WI 53719 – (608) 833-9000 – View Map
Independent Car Insurance Agents
Independent agencies do not write with just one company so they have the ability to put coverage amongst many companies and possibly get better coverage at lower prices. If they quote lower rates, the business is moved internally and you don’t have to switch agencies.
When comparing rate quotes, you absolutely need to include price quotes from several independent insurance agents in order to have the best price comparison. Most also write with mutual insurance companies which may provide better rates.
Listed below is a list of independent agents in Madison that can give you rate quotes.
- Prairie Land Insurance Agency
2045 Atwood Ave #113A – Madison, WI 53704 – (608) 251-3009 – View Map - Affiliated Insurance-Wisconsin
3830 Atwood Ave – Madison, WI 53714 – (608) 273-3361 – View Map - Independent Insurance Services Inc.
2960 Triverton Pike Dr Suite 101 – Madison, WI 53711 – (608) 273-3325 – View Map
Which car insurance company is best in Wisconsin?
Buying coverage from a highly-rated car insurance provider can be difficult considering how many different companies sell coverage in Wisconsin. The information listed below may help you decide which auto insurers you want to consider purchasing from.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| USAA | 99 | 100 | 90 | 92% | A++ | 97.4 |
| 21st Century | 89 | 86 | 100 | 88% | A | 92.7 |
| GEICO | 97 | 91 | 88 | 85% | A++ | 92.5 |
| Nationwide | 88 | 94 | 91 | 88% | A+ | 91.3 |
| AAA Insurance | 93 | 87 | 88 | 87% | A | 90.8 |
| Liberty Mutual | 91 | 91 | 92 | 87% | A | 90.7 |
| Safeco Insurance | 90 | 93 | 88 | 86% | A | 90.2 |
| State Farm | 91 | 94 | 80 | 88% | A++ | 90.2 |
| Travelers | 89 | 91 | 94 | 79% | A++ | 90.1 |
| American Family | 88 | 92 | 83 | 88% | A | 89.4 |
| Allstate | 90 | 90 | 84 | 85% | A+ | 89.1 |
| Progressive | 83 | 85 | 99 | 87% | A+ | 88.7 |
| Erie Insurance | 92 | 90 | 82 | 88% | A+ | 88.5 |
| The Hartford | 87 | 89 | 84 | 87% | A+ | 88 |
| Esurance | 84 | 88 | 85 | 83% | A+ | 86 |
| Farmers Insurance | 79 | 88 | 84 | 87% | A | 84.7 |
| The General | 88 | 80 | 85 | 80% | A- | 84.5 |
| Compare Rates Now Go | ||||||
Data Source: Insure.com Best Car Insurance Companies
Don’t give up on cheap rates
Budget-friendly insurance in Madison is attainable both online in addition to many Madison insurance agents, so get free Madison auto insurance quotes from both of them in order to have the best chance of saving money. Some insurance companies may not have the ability to get quotes online and these small, regional companies only sell coverage through independent insurance agencies.
Drivers switch companies for a number of reasons such as policy cancellation, policy non-renewal, high rates after DUI convictions or even being labeled a high risk driver. It doesn’t matter why you want to switch switching insurance companies is pretty simple and you could end up saving a buck or two.
As you shop your coverage around, it’s not a good idea to buy lower coverage limits just to save a few bucks. There are a lot of situations where someone dropped liability coverage limits to discover at claim time that their decision to reduce coverage ended up costing them more. The goal is to buy the best coverage you can find at a price you can afford while still protecting your assets.
To learn more, feel free to browse the resources below:
- All About Airbag Safety (State Farm)
- Who Has the Cheapest Auto Insurance for Used Cars in Madison? (FAQ)
- Vehicle Safety Ratings (iihs.org)
- How Can I Save Money on Auto Insurance? (Insurance Information Institute)