Wisconsin Car Insurance
In Wisconsin, it is the law that every driver have liability coverage. The minimum amounts of coverage required are 50/100/15. This formula means you must have $50,000 worth of coverage for injury or death for one person in an accident, $100,000 for injuries or deaths for more than one person in an accident, and $15,000 for property damage caused by an accident. These amounts of coverage will ensure you are compliant with the regulations set forth by the Wisconsin Department of Transportation. However, you may choose to purchase more coverage.
It is required that drivers file a form called an SR-22 with the Wisconsin Department of Transportation after obtaining their insurance. Often this can be done electronically by your insurance company. Always carry proof of insurance in your vehicle and on your person, because if you are pulled over and cannot provide proof of insurance you may be fined as much as $500. As previously mentioned, while liability is the bare minimum you must carry to legally drive in Wisconsin, you may want to add more coverage to protect yourself and your vehicle in the event of an accident.
A popular type of insurance many drivers have is collision coverage. This covers damage to your vehicle if you are involved in a crash with a vehicle or object, even if the accident is your fault. Comprehensive is another common type of Wisconsin car insurance. This type of insurance protects your vehicle if it is stolen, vandalized or damaged by acts of nature, for example hail stones. You might also want uninsured/underinsured coverage. If a negligent driver who does not have any insurance or does not have very much insurance causes an accident, you may be left with unpaid property damage and medical expenses. This type of insurance takes care of those costs in this event.
You can shop for auto insurance by visiting an agent in your area. You will be asked about you vehicle and your driving history will be pulled. From there, the agent will look at different policies from different insurance companies and find one that suits your coverage needs and your price range. You can also go online and get free quotes for Wisconsin car insurance at a variety of sites. The form is usually only one or two pages and asks basic questions just as the insurance agent would. Upon submission you are returned with quotes that match the type of coverage you want. Broker sites will give you quotes from a variety of different companies so you can get the best value for your money.