There are various factors that can have an impact on Wisconsin car insurance rates, from large and subtle elements alike. You should always take the time to shop around for the most economical Wisconsin auto insurance policies – small things such as purchasing a vehicle equipped with safety features, taking an advanced driving course and keeping up with credit obligations can add up over time to significant savings! Buying more coverage than necessary (especially if you own an expensive vehicle) could also save money in Wisconsin car insurance premiums.

Age is one of the key determinants in Wisconsin car insurance rates, and younger drivers typically pay higher premiums as insurers see them as higher risks to insure. Furthermore, adding teenage drivers can increase rates up to threefold; due to limited driving experience and being more likely to get into accidents.

Wisconsin car insurance rates can also be affected by factors like driver sex, age and history of violations, accidents or claims. Insurance companies use this data to create individual risk profiles for each driver that are used to calculate rates in every state based on these risk profiles – male drivers often experience more accidents or convictions than their female counterparts, which leads to increased rates overall.

Make and model of a vehicle are among the major influences on Wisconsin insurance rates, from its value, safety ratings, repair costs and theft rate to car insurance providers calculating car insurance premiums. Cars with higher safety ratings and cheaper repair costs usually have lower premiums compared to models which cost more to repair or are more likely to be stolen.

Nearly every state allows insurance companies to consider drivers’ credit histories when setting car insurance premiums, because actuary data suggests that drivers with excellent credit file fewer claims than those with poor or average scores. In Wisconsin, drivers with excellent credit usually enjoy lower car insurance premiums while those with poor or average scores often incur the highest rates.

Wisconsin state law mandates motorists carry at least $25,000 of coverage for bodily injury liability, property damage liability and uninsured/underinsured motorist insurance policies. Although it’s prudent to meet this minimum standard, most drivers should consider purchasing more coverage; simply meeting minimum standards is unlikely enough to cover injuries or property damages caused by serious accidents; higher limits as well as comprehensive and collision coverage should also be considered when selecting coverage levels.