Madison homeowners get the best value from Chubb, which balances affordability with service quality. Weigh premium costs against your needs and claims support when choosing coverage.
Best and Cheapest Home Insurance in Madison, WI (2026)
Updated: January 30, 2026
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Best HomeInsuranceMadison, WITable of Contents
Best Overall - Chubb
Best for Service - Chubb
Best Cheap - Chubb
Cheapest Overall - Chubb
Cheapest for High-Value Homes - Chubb
Cheapest for New Homes - Chubb
Why Trust MoneyGeek? MoneyGeek analyzed data from Wisconsin's Department of Insurance and Quadrant Information Services to identify Madison's best homeowners insurance providers. We compared rates, coverage options and customer satisfaction scores across major insurers.
Madison home insurance premiums reflect September 2024 market rates from top-rated carriers.
1,036,800
Quotes Analyzed
8
Companies Compared
Overview: Best Home Insurance Companies in Madison, WI
Chubb ranks as Madison's best home insurer with a MoneyGeek score of 99 out of 100 for properties with $100,000 dwelling coverage. Madison insurers scored between 52 and 99 in our analysis.
Your score varies based on your credit history, home age and other underwriting factors.
Data filtered by:
Best Overall
1 - $100K Dwelling
| Chubb | 99 | $350 |
| Nationwide | 77 | $578 |
| Foremost Insurance | 72 | $434 |
| American Family | 64 | $869 |
| State Farm | 62 | $894 |
| Auto-Owners Insurance | 61 | $1,054 |
| Allstate | 53 | $860 |
Overall Best Home Insurance in Madison, WI
Chubb leads Madison home insurers for properties with $100,000 dwelling coverage. The top two providers are:
- Chubb: MoneyGeek score of 99 out of 100 ($350 per year)
- Nationwide: MoneyGeek score of 77 out of 100 ($578 per year)
Chubb is the best home insurance provider in Madison because it offers affordability and strong customer satisfaction.
Best OverallChubb
MoneyGeek Score:
99/ 100
Overview
Chubb scores 99 out of 100 for affordability and satisfaction. It offers comprehensive home insurance coverage, including guaranteed replacement cost and building ordinance or law. Chubb provides discounts like protective device discounts and new home discounts. Your home qualifies for a discount if it's new or has security devices.
Chubb's coverages help protect your finances. Guaranteed replacement cost rebuilds your home even if costs exceed your policy limit. Building ordinance or law pays for updates to meet current codes. Cash settlement lets you choose a cash payout instead of rebuilding.
Best Home Insurance for Customer Service in Madison, WI
Chubb offers the best option for home insurance in Madison, Wisconsin, for $100,000 dwelling coverage due to its excellent customer service. The top two providers are:
- Chubb: MoneyGeek score of 96 out of 100 ($350 per year)
- Auto-Owners: MoneyGeek score of 95 out of 100 ($1,054 per year)
Best for Service QualityChubb
MoneyGeek Score:
96/ 100
Overview
Chubb is the best for service quality, thanks to its high customer satisfaction and coverage scores. It offers comprehensive home insurance with guaranteed replacement cost and building ordinance or law coverages. You can save with discounts like new home and home renovation. These discounts help if your home is new or recently renovated.
Chubb's coverage includes cash settlement, which is useful if you choose not to rebuild after a loss. Building ordinance or law helps bring your home up to code after damage. Guaranteed replacement cost ensures your home is rebuilt to its original state, even if costs exceed your policy limit.
Best Cheap Home Insurance in Madison, WI
MoneyGeek found that Chubb is the best cheap home insurance company in Madison, Wisconsin, for $100,000 dwelling coverage. The top two best cheap insurance providers are:
- Chubb: MoneyGeek score of 99 out of 100 ($350 per year)
- Foremost: MoneyGeek score of 81 out of 100 ($434 per year)
Chubb offers Wisconsin's most affordable homeowners insurance with solid customer satisfaction scores. But cheap home insurance often means lower coverage limits that won't fully protect you after a claim.
If you need to save on premiums, compare the cheapest homeowners insurance companies. The best cheap home insurance balances low rates with strong customer satisfaction and adequate coverage.
Best CheapChubb
MoneyGeek Score:
99/ 100
Overview
Chubb scores 99 out of 100 for affordability and coverage. It offers comprehensive home insurance with guaranteed replacement cost and building ordinance or law coverages. You can save with new home discounts and home renovation discounts. For example, homes less than 10 years old qualify for discounts. Chubb's cash settlement coverage works well if you decide not to rebuild after a loss.
Estimate Your Madison Home Insurance Costs Online
MoneyGeek’s home insurance calculator will give you a ballpark estimate of your cost — It's free to use, requires no personal information and we won't send you any spam.
$220
High
$144
Average
$104
Low
Rates updated:
Feb 07, 2026
Location and other factors affect your Madison homeowners insurance rates. Comparing rates saves you money, but getting quotes from three companies takes over an hour, about 15 minutes per quote. MoneyGeek's home insurance calculator saves time by focusing on key factors: age, dwelling coverage, credit score, deductible and liability coverage.
Cheapest Home Insurance in Madison, WI
Chubb offers the cheapest homeowners insurance. The main factor affecting your home insurance cost is your dwelling coverage. Here are the overall cheapest providers by coverage:
- $100,000 dwelling coverage: Chubb: $350 per year
- $250,000 dwelling coverage: Chubb: $828 per year
- $500,000 dwelling coverage: Chubb: $1,572 per year
Chubb offers the lowest premiums in Madison at every coverage tier while earning strong customer satisfaction scores.
Data filtered by:
$100K Dwelling
| Chubb | $350 |
| Foremost Insurance | $434 |
| Nationwide | $578 |
| Allstate | $860 |
| American Family | $869 |
| State Farm | $894 |
| Auto-Owners Insurance | $1,054 |
Cheapest Home Insurance for High-Value Homes in Madison, WI
Chubb offers Madison's cheapest home insurance for high-value homes. High dwelling coverage protects expensive homes that cost more to rebuild after damage.
- Cheapest for $750,000 dwelling coverage: Chubb: $2,279 per year
- Cheapest for $1 million dwelling coverage: Allstate: $2,926 per year
Chubb offers Madison's lowest rates with competitive premiums for high-value homes. Chubb doesn't score highest in all categories but combines affordable pricing with strong overall performance.
Data filtered by:
1 - 750K dwelling
| Chubb | $2,279 |
| Allstate | $2,307 |
| Foremost Insurance | $2,749 |
| Auto-Owners Insurance | $3,182 |
| American Family | $3,264 |
| Nationwide | $3,711 |
| State Farm | $3,782 |
Cheapest Home Insurance for New Homes in Madison, WI
Chubb offers the cheapest home insurance for new homes in Madison, Wisconsin.
- Cheapest for $100,000 dwelling coverage: Chubb ($260 per year)
- Cheapest for $250,000 dwelling coverage: Foremost ($583 per year)
- Cheapest for $500,000 dwelling coverage: Allstate ($862 per year)
The cheapest option isn't always the best. Check MoneyGeek scores for the full picture.
Data filtered by:
1 - $100K Dwelling
| Chubb | $260 |
| Foremost Insurance | $264 |
| Nationwide | $381 |
| Allstate | $495 |
| State Farm | $556 |
| American Family | $578 |
| Auto-Owners Insurance | $897 |
How to Find the Best Home Insurance for You in Madison, WI
Find affordable homeowners insurance in Madison by comparing coverage options, premiums and customer service quality. Follow these steps:
- 1Evaluate Your Insurance Needs
To determine how much home insurance coverage you need, calculate your home's rebuilding cost, personal property value and liability requirements.
- 2Compare Different Providers
Research insurers' financial stability, customer reviews and service ratings.
- 3Compare Coverage and Costs
Once you identify your needs, compare home insurance quotes. Madison premiums for $100K dwelling coverage range from $350 to $860 annually.
- 4Ask About Discounts
Request quotes for bundling policies, security systems and claims-free discounts.
- 5Increase Your Deductible
Opting for a higher home insurance deductible can reduce your premium. Ensure it's an amount you can manage if a claim arises.
- 6Improve Home Security
Home security systems and deadbolt locks can reduce premiums.
- 7Maintain Good Credit
Your credit score affects insurance rates in Wisconsin. Pay bills on time and reduce debt.
- 8Bundle Policies
Combine home and auto insurance with one insurer for multi-policy discounts.
FAQ: Best Cheap Home Insurance in Madison, WI
The best cheap home insurance provider for you in Madison depends on your coverage needs and budget. Get answers to some of the most commonly asked questions about the best cheap insurance rates in Madison, Wisconsin.
How much is home insurance in Madison, Wisconsin, on average?
The average home insurance premium in Madison, Wisconsin, is $564.
What is the cheapest home insurance company in Madison, Wisconsin?
The cheapest home insurance company in Madison is Chubb with an annual premium of $350.
What is the best home insurance company in Madison, Wisconsin?
Chubb offers Madison's best home insurance, with a MoneyGeek score of 99 out of 100.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. He has analyzed the insurance market for over five years, conducting original research for insurance shoppers. His insights have been featured in CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
He writes about economics and insurance, breaking down complex topics so people know what they're buying.