Milwaukee Car Insurance

Your 2017 Guide to Car Insurance in Milwaukee, WI

Residents of Milwaukee face many hazards on the roads. Precipitation is heavy due to the city’s close proximity to Lake Michigan, and some roadways such as the I-94 and I-43 Interchange often have heavy traffic with fast-moving vehicles in close proximity to one another. Poor judgment on the part of just one driver can easily lead to a multi-vehicle collision. A top-rated Milwaukee, WI car insurance policy can protect you from the financial losses often associated with motor vehicle collisions.

Wisconsin Car Insurance Costs

  • National average annual premium: $1,311
  • Wisconsin average annual premium: $930
  • 46th most expensive premiums in the U.S.

The state of Wisconsin has some of the lowest car insurance rates in the country. But keep in mind that your actual rates may be higher or lower. Insurance companies will base your quote on factors such as your driving record and the make, model and year of your car.

Because of the low rates, it is easier to afford extra liability protection and smaller deductibles. You can discuss your many coverage options with an independent agent in the Trusted Choice® network to get a better understanding of what you can afford and what better coverage can mean to you.

All motorists are required to carry liability insurance on their vehicles. Also, your lender may require you to have comprehensive coverage if you have financed the purchase of your car.

Wisconsin Car Insurance Requirements

Wisconsin’s state required minimums will protect both you and any third party involved in an automobile collision with you. Failure to carry state-mandated automobile insurance can result in a fine of up to $500.

These are the minimum car insurance requirements:

  • Bodily injury liability: required
  • Property damage liability: required
  • Personal injury protection (PIP): not required
  • Uninsured motorist: required
  • Minimum liability limits: 25/50/10
    • Coverage up to $50,000 for all persons injured in an accident
    • Coverage up to $25,000 for one person in an accident
    • Coverage up to $10,000 for property damage in an accident

The minimum coverage amounts mandated by the state are typically adequate to cover the costs associated with low- to moderate-impact collisions. However, in the event of a serious accident, you may find yourself responsible for extensive medical or property damage amounts that go beyond these minimum coverage amounts. If this happens, you will be responsible for paying the difference out of pocket. You can avoid this financial risk by purchasing additional liability coverage or an umbrella insurance policy.

Wisconsin Uninsured Motorists

  • National uninsured motorists: 12.6%
  • Wisconsin uninsured motorists: 11.7%
  • Average vehicle repair cost in Wisconsin: $2,490

The number of uninsured motorists in Wisconsin is lower than the national average, but there's always a chance that you will be involved in an accident where the at-fault driver is without insurance. Since uninsured motorist coverage is required by the state, you can be certain that if you are in a collision caused by an uninsured driver or if you are the victim of a hit-and-run collision, your insurance will guarantee coverage for any resulting property damage or medical bills.

Why Purchase Comprehensive Coverage?

Beyond the state minimums, you can also purchase comprehensive coverage. While many lenders require this coverage for the duration of your auto loan, once you own the vehicle outright, it is optional. This additional coverage provides reimbursement for losses due to falling objects, weather-related damage, fire, vandalism or theft.

Number of Thefts in Wisconsin

  • National vehicle thefts (per 1,000 registered vehicles): 2.94
  • Wisconsin vehicle thefts (per 1,000 registered vehicles): 1.67

While car theft in the state of Wisconsin is well below the national average, the number of thefts that occur in the city of Milwaukee greatly exceeds it. Recently, there were more than 6,681 vehicles reported stolen in this city. That equates to 11.14 out of every 1,000 registered vehicles, which is more than three times the national average.

You can do your part to secure your vehicle by locking it when not in use; using anti-theft devices such as burglar alarms; and parking it in secure lots, garage or well-lit areas.

It Is Easy To Obtain an Ideal Milwaukee Car Insurance Policy

Securing a Milwaukee car insurance policy that meets both your coverage and your budgetary needs does not need to be a time-consuming process. A local Trusted Choice network agent can work with you to assess your coverage requirements and can then provide you with quotes for a variety of policies that can meet those needs. Comparison shopping for car insurance has never been so easy.

Contact an agent in your neighborhood today to obtain your obligation-free selection of Milwaukee auto insurance quotes.

Now, who's ready to get their insurance problems solved?