Finding high-risk auto insurance in Wisconsin is an alternative option when standard auto insurance is no longer available or affordable.
High-risk car insurance Wisconsin rates
The cost of your car insurance in Wisconsin depends on factors like your driving history, level of coverage and vehicle usage. Unfortunately, high-risk auto insurance in Wisconsin is often less affordable than traditional auto insurance coverage. Each insurer has a different rating and eligibility factor when reviewing your driving history. One insurance company may provide affordable insurance for a driver with speeding tickets or an at-fault accident, while another does not offer coverage for repeat offenses.
Car insurance rates after a speeding ticket
Speeding tickets can severely impact your premiums depending on the insurer and the circumstances of the ticket. There is no formula to determine which insurance company will be cheaper after a speeding ticket. However, Bankrate’s analysis found USAA, State Farm and Travelers to be some of the most affordable carriers on average.
|Car insurance company||Wisconsin average annual premium for full coverage before a speeding ticket||Wisconsin average annual premium for full coverage after a speeding ticket||% difference|
You may be able to avoid an increase in your insurance rates after a speeding ticket by completing an approved traffic school course. The course is eight hours and can be completed online or in person.
Rates after an accident
In Wisconsin, an at-fault accident will generally increase your premiums more than a speeding ticket. However, the impact on your premium may vary drastically from one insurer to another.
|Car insurance company||Wisconsin average annual premium for full coverage before an accident||Wisconsin average annual premium for full coverage after an accident||% difference|
In Bankrate’s assessment, USAA car insurance tied with State Farm for the cheapest coverage for drivers with a clean driving record, but a single accident increased premiums 46%, on average. Meanwhile, State Farm’s rates increased an average of 31% after an accident. Finally, Travelers rates increased an average of 53% after an accident.
Rates after a DUI
Driving under the influence is extremely dangerous and creates substantial risk to drivers on the road. Because of this, drivers convicted of a DUI face hefty premium increases.
|Car insurance company||Wisconsin average annual premium for full coverage before a DUI||Wisconsin average annual premium for full coverage after a DUI||% difference|
Drivers convicted of a DUI in Wisconsin may also need to file a certificate of financial responsibility (SR-22) with the DMV to regain their license. Speak with your insurance company about this, as your carrier must file the form with the state on your behalf.
Car insurance rates for teen drivers
Teenagers are generally considered high-risk drivers due to their lack of driving experience. Because of this, typically, rates increase when insuring a teenager. However, as teens gain driving experience and avoid incidents such as speeding tickets and accidents, rates generally decrease over time.
|Car insurance company||Average annual premium for full coverage|
*16-year-old on their parent’s policy
Who is a high-risk driver?
High-risk drivers come in all ages and experience levels. Generally, insurers consider drivers with a DUI conviction, with multiple accidents or moving violations to be high-risk. Inexperienced drivers like teens are also often considered high-risk, even if they have clean driving records.
In Wisconsin, if you accumulate 12 or more points on your driving record within 12 months, your license will be suspended for either a few months or up to one year.
How high-risk drivers can lower their insurance rates
High-risk drivers may have limited carrier options and costlier premiums. One way to offset the higher premiums is by finding ways to decrease the cost of coverage. Consider the following:
- Shop around to find the most affordable coverage based on your auto insurance needs.
- Apply as many discounts as possible, such as low mileage, student driver or multi-line discounts.
- Complete an approved traffic school course to keep points off your driving record or remove your license suspension.
- Increase your comprehensive and collision deductibles to the highest amount you can afford. Keep in mind that you will pay more out of pocket if you file a claim for damage to your vehicle.
Saving as little as 5% to 10% on your car insurance could translate to hundreds of dollars over time.
Frequently asked questions
What is an SR-22?
If your driver’s license is suspended for repeat incidents or a DUI, you may have to file an SR-22 to regain driving privileges. An SR-22 is a certificate of financial responsibility that confirms you have at least the minimum amount of auto insurance required to drive in Wisconsin. Your auto insurer files this form with the DMV on your behalf. Generally, this certificate of financial responsibility is required for three years.
I’m a high-risk driver. Do I need extra car insurance?
All Wisconsin drivers are required to have at least the minimum auto insurance requirements of $25,000 for bodily injury liability per person, $50,000 for bodily injury liability per accident and $10,000 in property damage liability per accident. Drivers must also carry $25,000 in uninsured motorist bodily injury per person and $50,000 in uninsured motorist bodily injury per accident.
Bankrate utilizes Quadrant Information Services to analyze 2021 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on a 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits:
- $100,000 bodily injury liability per person
- $300,000 bodily injury liability per accident
- $50,000 property damage liability per accident
- $100,000 uninsured motorist bodily injury per person
- $300,000 uninsured motorist bodily injury per accident
- $500 collision deductible
- $500 comprehensive deductible
To determine minimum coverage limits, Bankrate used minimum coverages that meet each state’s requirements. Our base profile drivers own a 2019 Toyota Camry, commute five days a week and drive 12,000 miles annually. These are sample rates and should only be used for comparative purposes.
Incident: Rates were calculated by evaluating our base profile with the following incidents applied: clean record (base), at-fault accident, single speeding ticket, single DUI conviction and lapse in coverage.