Cheapest Auto Insurance for Teenage Males in Wisconsin

The safety and performance level of the vehicle requiring coverage is a large factor in finding the cheapest car insurance for teenage males in Wisconsin. Vehicles with limited speed and performance, excellent safety ratings, or a low likelihood of having liability claims will cost quite a bit less to insure than high performance models.

The lists below ranks insurance costs for a handful of the most budget-friendly vehicles to insure.

Data rating is based on single male driver age 16, no speeding tickets, no at-fault accidents, $500 deductibles, and Wisconsin minimum liability limits. Discounts applied include claim-free, and safe-driver. Rate information does not factor in vehicle garaging location which can modify price quotes noticeably.

Premium data assumes single male driver age 16, no speeding tickets, no at-fault accidents, $500 deductibles, and Wisconsin minimum liability limits. Discounts applied include claim-free, and safe-driver. Rate quotes do not factor in specific location information which can increase or decrease coverage rates substantially.

Table data assumes single male driver age 16, no speeding tickets, no at-fault accidents, $500 deductibles, and Wisconsin minimum liability limits. Discounts applied include safe-driver, and claim-free. Table data does not factor in specific zip code location which can increase or decrease insurance rates greatly.

Determining which companies have the best insurance rates for teenage males calls for more time than just picking a company at random. Each auto insurance company uses a different method to determine premium rates, so let’s rank the most budget-friendly insurance companies in Wisconsin.

We do need to point out that Wisconsin insurance rates are influenced by many factors that will increase or decrease the price you pay. Simply having a birthday, buying another vehicle, or having an accident may generate price changes that can cause some rates to be much cheaper than others.

Best Cheap Insurance Rates for Teens

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USAA may have some of the cheapest car insurance rates in Wisconsin at around $580 per year. Partners Mutual, Rockford Mutual, Erie, and Rural Mutual Insurance are also some of the cheapest Wisconsin insurance companies.

As shown in the rates above, if you currently have a policy with Partners Mutual and switched to USAA, you could earn a yearly price reduction of approxmiately $34. Wisconsin drivers with Rockford Mutual could save as much as $144 a year, and Erie policyholders might reduce rates by $144 a year.

Understand that those policy prices are averaged across all drivers and vehicles in Wisconsin and and are not figured with a price surcharge for teenage males. So the auto insurance company that is best suited for you may not even be in the list of companies shown earlier. That points out the importance of why you need to compare rates from multiple companies using your own personal information and vehicle type.

When shopping for car insurance for teen boys, one of the many components that control the policy price is where you live. Larger areas like Milwaukee, Racine, and West Allis are more likely to have higher rates, whereas areas with less people or fewer weather incidents enjoy lower car insurance rates.

The next table rates the most expensive places in Wisconsin for teenage males to purchase car insurance in.

Information shown are comparative as the vehicle garaging location can lower or raise premium rates considerably.

Safe drivers pay less for insurance

The easiest method to snag cheap insurance rates in Wisconsin for teen boys is to be an attentive driver and avoid getting tickets or having accidents. The diagram below highlights how traffic violations and at-fault collisions raise auto insurance costs for different ages of insureds. The premiums assume a single male driver, full coverage, $500 deductibles, and no discounts are applied to the premium.

The chart shows that the average cost of auto insurance in Wisconsin per year with no accidents or violations is $1,476. Get two speeding tickets and the average cost surges to $1,952, an increase of $475 each year. Now get one accident along with the two speeding tickets and the 12-month cost of insurance for teenage males goes up to an average of $2,431. That’s an increase of $955, or $80 per month, just for being a little careless behind the wheel!

Get discounts on Wisconsin car insurance

Insurance companies that provide the cheapest car insurance for teenage males in Wisconsin may have rate discounts that may potentially lower prices by as much as 35% or more if you can meet the requirements. A list of insurance companies and some of the premium reductions they offer are outlined below.

• State Farm has discounts for multiple policy, good student, Drive Safe & Save, good driver, passive restraint, multiple autos, and defensive driving training.
• GEICO includes discounts for air bags, driver training, anti-theft, seat belt use, multi-vehicle, defensive driver, and military active duty.
• Liberty Mutual discounts include exclusive group savings, multi-policy, newly retired, new graduate, and multi-car.
• The Hartford offers premium reductions for driver training, bundle, defensive driver, vehicle fuel type, and good student.
• MetLife policyholders can earn discounts including accident-free, good student, good driver, claim-free, and defensive driver.
• Progressive offers discounts for multi-policy, online quote discount, good student, multi-vehicle, continuous coverage, homeowner, and online signing.

The chart below shows the comparison of car insurance rates with and without discounts. The price estimates are based on a female driver, no accidents, no driving violations, Wisconsin state minimum liability limits, comp and collision included, and $100 deductibles. The first bar for each age group shows premium with no discounts. The lower bar shows the rates with paid-in-full, passive restraint, anti-theft, vehicle safety, good student, and continuous coverage discounts applied. When these discounts are applied, the the average amount saved on insurance for teenage males is 28% or $443.

Best rates: Allstate, State Farm, Progressive, or Geico

When buying car insurance, four of the best places to start are Allstate, State Farm, Progressive, and Geico. Between them, they make up over 48% of the entire U.S. market share. The following table shows ratings and policy coverage options offered by each one.