The words “low-cost” and “insurance” really shouldn’t be used together, in particular when shopping around for the best car insurance rates with multiple speeding tickets. Because of the high cost, let’s go over some of the things that influence car insurance prices, and come up with some ideas to slash the price of your next policy.
The vehicle that needs insurance is one of the largest considerations when comparing low-priced coverage with multiple speeding tickets. Vehicles with higher performance, poor safety ratings, or a track record of large liability claims will cost quite a bit more to insure than safer, lower-performance models. The next list features coverage prices for a handful of the cheaper automobiles to insure in Wisconsin.
|Make, Model, and Trim Level||Estimated Cost for Full Coverage|
|Honda CR-V LX 4WD||$2,677|
|Hyundai Elantra GLS Touring Station Wagon||$2,683|
|Ford Escape Limited 4WD||$2,854|
|Ford Edge SE 2WD||$2,866|
|GMC Sierra SLE Regular Cab 2WD||$2,905|
|Toyota Tacoma Double Cab TRD Off-Road Package 4WD||$2,961|
|Jeep Wrangler Sahara 4WD 2-Dr||$3,008|
|Dodge Grand Caravan SE||$3,015|
|Chevrolet Impala LTZ||$3,067|
|Toyota RAV4 Sport 2WD||$3,103|
|Ford F-150 Lariat Crew Cab Harley 2WD||$3,123|
|Ford Explorer Eddie Bauer AWD||$3,162|
|Start Your Quote Go|
Cost estimates assume single male driver age 30, two speeding tickets, no at-fault accidents, $1,000 deductibles, and Wisconsin minimum liability limits. Discounts applied include multi-policy, homeowner, claim-free, and multi-vehicle. Rates do not factor in specific zip code location which can change rates noticeably.
Based upon the rates shown, cars like the Honda CR-V, Hyundai Elantra, and Ford Escape should be some of the more affordable vehicles to insure after a few driving violations.
One of the many criteria that are used to help calculate the cost of insurance is where you call home in Milwaukee. Areas with more people or more claims are more likely to have higher rates, whereas areas with less people or fewer weather incidents benefit from lower prices.
The information below ranks the most costly cities in Wisconsin with multiple speeding tickets to purchase auto insurance in. Milwaukee shows up at #1 with a yearly premium of $1,410 on average, which is around $118 monthly.
|21||Fond du Lac||$985|
|Quote Best Rates Go|
Premium amounts are estimated as the specific geographic location can modify insurance rates noticeably.
Finding dependable, budget auto insurance is not always easy, and deciding which company has the best car insurance rates with multiple speeding tickets will involve additional perseverance.
Each company uses their own calculation for filing rates in each state, so let’s begin by taking a look at the most affordable car insurance companies in Milwaukee.
Best Cheap Insurance Rates with License Points
|Rank||Company||Cost Per Year|
|5||Rural Mutual Insurance||$756|
|12||West Bend Mutual||$926|
|13||Auto Club Group||$939|
|Compare Rates Now Go|
USAA offers some of the most affordable car insurance rates in Milwaukee at around $586 a year. Partners Mutual, Erie, Rockford Mutual, and Rural Mutual Insurance would also be considered some of the cheapest Milwaukee, WI insurance companies.
As the rates illustrate above, if you currently have coverage with Erie and switched to USAA, you may see annual savings of upwards of $131. Drivers with Rockford Mutual might save as much as $146 a year, and Rural Mutual Insurance policyholders might reduce rates by $170 a year.
Remember that these premiums are averages for all ages of drivers and types of vehicles and are not factoring in a specific location with multiple speeding tickets. So the auto insurance company that has the cheapest rates for you may not even be in the top 30 companies shown above. That underscores the importance of why you need to get auto insurance quotes using your own personal information and vehicle type.
Which car insurance company is best in Wisconsin?
Choosing a high-quality insurance provider can be challenging considering how many companies there are to choose from in Milwaukee. The ranking information displayed below could help you analyze which coverage providers you want to consider comparing price quotes from.
The rankings below are only comprised of companies that insure vehicles across America, so companies that may only write in Wisconsin will not be included in the list. To get price quotes from these and other competitive companies, simply click here.
|Company||Value||Customer Service||Claims||Customer Satisfaction||A.M Best Rating||Overall Score|
|Compare Rates Now Go|
Data Source: Insure.com Best Car Insurance Companies
Tickets and at-fault accidents raise rates
The best way to get the best car insurance prices after a few driving violations is to drive safely and avoid getting tickets or having accidents. The illustration below highlights how traffic violations and accident claims influence insurance rates for different insured age categories. The data is based on a married male driver, comprehensive and collision coverage, $100 deductibles, and no policy discounts are applied.
The data in the chart shows the average cost of car insurance in Milwaukee per year with a clean driving record and no accidents is $1,512. Get written up for one speeding ticket and the average cost rises to $1,735, an increase of $223 each year. Now add two accidents along with the one speeding ticket and the yearly cost of car insurance with multiple speeding tickets jumps again to an average of $3,626. That’s an increase of $2,114, or $176 per month, just for being a little careless behind the wheel!
The example below demonstrates how deductible levels can affect insurance costs when researching cheap insurance with multiple speeding tickets. The prices are based on a single male driver, comp and collision included, and no additional discounts are factored in.
In the chart above, a 30-year-old driver could reduce rates by $214 a year by switching from a $100 deductible to a $500 deductible, or save $322 by switching to a $1,000 deductible. Younger drivers, such as the Age 20 example, have the ability to save $622 or even more just by choosing larger deductibles. When insureds make the decision to increase the deductibles on their policy, it is a good idea to have enough savings set aside to pay the extra out-of-pocket expense that deters many people from opting for higher deductibles.