Auto Insurance in Milwaukee

Milwaukee, Wisconsin is many things to many people. While it offers trendy shopping districts to some, it is known as a haven for sports or a cultural center to others. While Milwaukee is known for the Milwaukee Art Museum’s exquisite collection, it’s also known for beer! If you don’t imbibe in anything from a brewery, enjoy the city’s delightful and famous Sprecher Root Beer.

Milwaukee is Wisconisin’s largest city. You need to know how to get around, and driving this city on the shores of Lake Michigan may make the best way to see it.

Just like Milwaukee being a large city with many things factoring in, your insurance carrier uses many statistical factors about accidents to arrive at your auto insurance premium. You can move around quickly through these factors when you know them to help build better value into your auto insurance policy.

Your age and gender are two of the most important factors that contribute to arriving at your insurance premium.

  • Older and younger drivers are both considered higher risks. Drivers under age 25 top the charts as the highest risk group.
  • Drivers between the ages of 50 and 65 make the grade as safest group.
  • Gender statistics indicate that women hold the safer driver title.

Here are some of the factors that also affect your auto insurance premium:

  • Marital status – Married couples are indicated in studies to be more stable, predictable, and in the overall safer drivers. Did you recently tie the knot? Update your carrier and you may receive a lower premium.
  • College completion or advanced degree – Your higher education may translate to a lower premium for you.
  • Occupation – High risk or higher risk jobs factor in to often make higher premiums. Shop your policy. Find the carrier that gives you the best premium for your line of work.
  • Credit rating – Like good grades, insurance carriers often view this attentiveness and success as a factor that indicates your reliability as a driver. Has your credit recently improved? Get credit for that. Call your insurance agent to discuss reduced premiums.
  • Length of time driving and driving history – If you have tickets or claims, reckless driving or DUI, they all affect your premium. Ask your Milwaukee auto insurance agent about driver’s courses that can help you reduce your premium. Also, starting to drive more safely now may soon qualify you for good driver discounts.
  • Vehicle use – Do you use your car to get to work or only for recreation? More miles driven equal higher premiums. Carpooling can reduce the amount of miles driven as a way to reduce your premium.
  • Living location, vehicle type and age – What is your zip code? What is the make and model of your vehicle and its age? These factors affect premiums. Compare rates in your area. Find out when your vehicle will be old enough to receive a lower premium.
  • Safety and security devices – Does your car have air bags, anti-lock brakes, a car alarm, and/or an anti-theft device? Let your agent know about them. These things may protect your pocketbook by reducing your premium.
  • Deductible – Your deductible is last but not least. If you are a safe driver, explore changing your deductible. Changing from a $500 to a $1000 deductible may reduce your premium up to 25%.

Discuss any of the above with your Milwaukee auto insurance company or agent. Drive safely and most of all, enjoy driving in Milwaukee!



Insurance Information Institute