Wisconsin Car Insurance Requirements
Wisconsin has a financial responsibility law that requires all motorists to have insurance or to have enough money to pay for damages to others that may be caused by a motor vehicle. Most drivers in Wisconsin decide to satisfy the requirements of the Wisconsin Financial Responsibility Law by buying auto insurance. It is advised that you get at least the minimum Bodily Injury Liability limits of $50,000 per injured person up to a total of $100,000 per accident, in addition to Property Damage Liability coverage with a minimum limit of $15,000. This basic coverage is often referred to as 50/100/15 coverage with 100/300 UM limits.
Wisconsin Insurance Coverage:
Bodily Injury Liability: $50,000/$100,000 Limit
Property Damage Liability: $15,000 Limit
Uninsured Motorist Bodily Injury: $100,000/$300,000 Limit
Underinsured Motorist Bodily Injury: $100,000/$300,000 Limit
*As of June 1, 2010, liability insurance will be mandatory in Wisconsin.
Before January 1, 2010, the minimum liability limits are $25,000 per person, $50,000 per occurrence, and $10,000 for property damage.
On January 1, 2010, the minimum liability limits are $50,000 per person, $100,000 per occurrence, and $15,000 for property damage.
What is unique about this new requirement is that UM limits are higher than BI limits. UM Stacking will also be available. Carriers will be offering the higher limits effective November 1, 2009 to comply with the new
Stacking requirements. In addition, WI drivers were used to no compulsory insurance laws.
The state of Wisconsin follows a Tort system meaning someone must be found to be at fault for causing the accident, and that person and their insurance company is responsible for all the damages. You should be aware that the details of a tort system vary from state to state.
To help protect against damages caused to you and your passengers by an uninsured driver, Wisconsin state law requires a minimum Uninsured/Underinsured Motorist coverage of $100,000 per person up to a total of $300,000 per accident for any bodily injury caused by the uninsured and/or underinsured driver.
When you get a quote at CarInsurance.com, our coverage page will give you the option of choosing the Minimum State Required package, more wide-ranging coverage packages, or you can customize every limit and deductible to fit your needs. If that is too complicated, CarInsurance.com's insurance agents are licensed in Wisconsin and available to help you all the way through the quote and purchase process.
Get local car insurance in all of Wisconsin. Enter your zip code in the quote boxes on this page or follow this link to get an auto insurance quote now.
Local car insurance is available in all of Wisconsin!
The average auto insurance premium for residents in Wisconsin is $1,544 in 2009;
the national average is $1,780. Some people think the state and insurance companies fix the
rates, so they never shop around for better rates. Insurance companies segment their rates
differently so everyone's rate will be different with each company. You have to shop
around to see if you are saving money. CarInsurance.com helps you find the competitive
rates and discounted prices available in Wisconsin, so average Wisconsinites
can get a better-than-average rate on their auto insurance.
2009 has had an increase in auto insurance rates. It is
important to shop for car insurance so you get the best available rate! CarInsurance.com
brings competition directly to the consumer and we work to lower your costs through technology.
Even within the state of Wisconsin, rates have changed over the past few years.
Comparing the current average car insurance rates, the average auto insurance premium
in Wisconsin is 18% higher in 2009 than 2008. 2008 was unchanged from 2007 in Wisconsin.
Now is the perfect time to shop for new low rates on your auto insurance,
by requesting a quote online you could save hundreds instantly!
It doesn't matter if you have a perfect driving record or if you are a high-risk driver, we work hard to find you the best rates available in Wisconsin. With all the statistics on auto theft and car crashes, it is important to protect yourself and your property. We are constantly adding new carriers to our site so you can compare the rates of many carriers and you can purchase in one spot. We offer a site where you can compare the rates of multiple, reliable companies and purchase immediately online, or over the phone. Enter your zip code above to see how much you can save in the Badger State!
Looking for auto insurance for a different state? CarInsurance.com can give you quotes and rates for all 50 states and the District of Columbia. To find low cost car insurance rates in your state, enter the zip code above. For information on a different state, click on the state’s link below and get the information you need.