One of the more important considerations that aid in calculating auto insurance rates is where you normally keep your vehicle. More densely populated places tend to have more expensive auto insurance rates, whereas areas with less congestion benefit from lower rates.
The information below rates the most expensive cities in Wisconsin for Lyft drivers to purchase auto insurance in. Milwaukee is listed at #1 with an annual premium of $1,410 for the average insurance policy, which is about $118 monthly.
| Rank | City | Average Per Year |
|---|---|---|
| 1 | Milwaukee | $1,410 |
| 2 | Wauwatosa | $1,359 |
| 3 | Kenosha | $1,230 |
| 4 | West Allis | $1,210 |
| 5 | Greenfield | $1,204 |
| 6 | Racine | $1,193 |
| 7 | Beloit | $1,164 |
| 8 | Franklin | $1,163 |
| 9 | Oak Creek | $1,154 |
| 10 | Brookfield | $1,077 |
| 11 | La Crosse | $1,053 |
| 12 | Janesville | $1,053 |
| 13 | Eau Claire | $1,049 |
| 14 | Wausau | $1,047 |
| 15 | Madison | $1,040 |
| 16 | Menomonee Falls | $1,026 |
| 17 | Waukesha | $1,023 |
| 18 | New Berlin | $1,018 |
| 19 | West Bend | $1,007 |
| 20 | Fond du Lac | $995 |
| 21 | Manitowoc | $987 |
| 22 | Green Bay | $969 |
| 23 | Sheboygan | $963 |
| 24 | Oshkosh | $951 |
| 25 | Appleton | $926 |
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Premium costs are estimated as specific Milwaukee garaging address can decrease or increase insurance rates significantly.
Finding dependable, affordable insurance is challenging, and figuring out which company offers the cheapest insurance rates for Lyft drivers involves a little more work. Each insurance company has their own formula for setting rates, so we’ll go over the lowest cost insurance companies in Milwaukee, WI.
It’s important that readers know that Wisconsin insurance rates are calculated based on many things that will increase or decrease the price of coverage. Events like turning one year older, increasing deductibles, or having an at-fault accident can cause premium changes resulting in some rates now being more affordable than others.
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| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | USAA | $586 |
| 2 | Partners Mutual | $626 |
| 3 | Erie | $703 |
| 4 | Pekin Insurance | $752 |
| 5 | Rockford Mutual | $754 |
| 6 | Nationwide | $768 |
| 7 | Western National | $769 |
| 8 | Rural Mutual Insurance | $772 |
| 9 | Integrity Mutual | $786 |
| 10 | Travelers | $796 |
| 11 | West Bend Mutual | $899 |
| 12 | State Farm | $905 |
| 13 | Auto Club Group | $939 |
| 14 | The Hartford | $940 |
| 15 | General Casualty | $954 |
| 16 | American Family | $1,125 |
| 17 | Farmers | $1,130 |
| 18 | Progressive | $1,130 |
| 19 | Auto-Owners | $1,148 |
| 20 | GEICO | $1,202 |
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USAA may have some of the cheapest car insurance rates in Milwaukee at around $586 per year. This is $575 less than the average rate paid by Wisconsin drivers of $1,161. Partners Mutual, Erie, Pekin Insurance, and Rockford Mutual would also be considered some of the cheaper Milwaukee, WI insurance companies.
As depicted above, if you are a customer of Erie and switched to USAA, you might achieve a yearly savings of in the neighborhood of $117. Drivers with Pekin Insurance could save as much as $166 a year, and Rockford Mutual customers might see rate reductions of $168 a year.
Remember that these policy prices are averaged across all ages of drivers and types of vehicles and do not factor in a specific location for Lyft drivers. So the auto insurance company that is best suited for you may not even be in the top 30 companies shown above. That underscores the importance of why you need to quote rates from many companies using your own personal information and vehicle type.
The make and model of vehicle to be insured is a significant factor when shopping for affordable coverage for Lyft drivers. Vehicles with more horsepower, a lack of advanced safety features, or high incidents of liability claims will cost substantially more to insure than more economical and safe models.
The table below outlines insurance premiums for some of the most economical vehicles to insure in Wisconsin.
| Insured Vehicle | Estimated Cost for Full Coverage |
|---|---|
| Toyota Prius | $1,879 |
| Ford Explorer Eddie Bauer 2WD | $1,909 |
| Honda CR-V LX 2WD | $1,947 |
| Toyota RAV4 Limited 4WD | $2,012 |
| Jeep Wrangler Sport 4WD 2-Dr | $2,018 |
| Ford Escape XLS 2WD | $2,086 |
| Honda Odyssey LX | $2,139 |
| GMC Sierra SL Crew Cab 4WD | $2,157 |
| Chevrolet Silverado LS Extended Cab 2WD | $2,160 |
| Ford F-150 XLT Super Cab 4WD | $2,225 |
| Honda Accord EX-L 4-Dr Sedan | $2,267 |
| Chevrolet Equinox LS 2WD | $2,302 |
| Nissan Altima 2.5 4-Dr Sedan | $2,312 |
| Toyota Camry Hybrid | $2,305 |
| Chevrolet Silverado 3500HD LTZ Crew Cab Diesel 2WD | $2,338 |
| Dodge Grand Caravan CV | $2,345 |
| Toyota Tacoma Double Cab 4WD | $2,347 |
| Honda Civic DX 2-Dr Coupe | $2,358 |
| Ford Edge SE AWD | $2,418 |
| Chevrolet Silverado 2500HD LTZ Crew Cab 2WD | $2,447 |
| Volkswagen Jetta 2.0T 4-Dr Sedan | $2,468 |
| Jeep Grand Cherokee Laredo 4WD | $2,477 |
| GMC Sierra 3500HD SLT Extended Cab 2WD | $2,509 |
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Data based on single female driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Wisconsin minimum liability limits. Discounts applied include multi-vehicle, claim-free, multi-policy, homeowner, and safe-driver. Estimates do not factor in specific location which can raise or lower coverage prices significantly.
Based upon these rates, we can assume that vehicles like the Toyota Prius, Ford Explorer, Honda CR-V, and Toyota RAV4 are most likely going to be some of the cheaper vehicles to insure for Lyft vehicles.
Ending up with a highly-rated insurance provider can be rather challenging considering how many choices there are in Wisconsin. The information shown next could help you choose which providers to look at purchasing from.
These rankings only include large nationwide companies, so companies that focus mainly on Wisconsin business are not taken into consideration for these rankings. To compare prices from many more Wisconsin auto insurance companies, click here.
| 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 |
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Data Source: Insure.com Best Car Insurance Companies
Responsible drivers pay cheaper Milwaukee insurance rates
A great way to obtain the cheapest insurance prices in Milwaukee for Lyft vehicles is to drive safe and have a clean driving record. The diagram below shows how speeding tickets and fender-benders can affect auto insurance costs for different age groups. The premiums are based on a single female driver, full physical damage coverage, $250 deductibles, and no discounts are taken into consideration.
The data charted above shows the average cost of a car insurance policy in Wisconsin per year with no violations or accidents is $1,539. Add in two speeding tickets and the average cost hikes up to $2,066, an increase of $527 each year. Now add in one accident along with the two speeding tickets and the yearly cost of insurance for Lyft drivers jumps again to an average of $2,602. That’s an increase of $1,062, or $89 per month, just for not being more responsible behind the wheel!
Low rates today, overpriced tomorrow
Wisconsin insurance rates are based on many factors which can substantially change the cost of your policy. Getting older, moving to a new city, or getting a couple of tickets can cause premium changes resulting in some rates now being cheaper in comparison to the competition.
In addition to those changes, auto insurance companies file new Wisconsin car insurance rates every year as an adjustment for underwriting gains or losses. A period of increased losses may cause price increases, while a lower level of claims may result in lower-priced Milwaukee car insurance rates.
To illustrate this example, the chart below compares the cheapest car insurance in Milwaukee, WI for a 30-year-old female driver with no accidents, a clean driving record, and a good credit rating. When comparing rates based on her current rating profile, USAA offers the lowest car insurance rates in Milwaukee at $867 a year. This is $294 less than the average rate paid by Wisconsin drivers of $1,161. Partners Mutual, Erie, Rockford Mutual, and Nationwide are also included in the cheapest Milwaukee, WI auto insurance companies.
Now we will give the driver from the first rate comparison a claim or two, a lower credit rating, and a speeding citation. Since each auto insurer has their own guidelines for setting rates, analyzing rate quotes may result in a different list of the cheapest companies as shown below.
Integrity Mutual now has the cheapest insurance rate in Milwaukee with Rural Mutual Insurance, Pekin Insurance, Travelers, and West Bend Mutual now being in the top five. This example illustrates why it is important to compare as many rates as possible when trying to find cheap auto insurance rates for Lyft drivers. Prices are calculated by many things and can increase or decrease at any time, so the best company three years ago may now be priced much higher than other options.