Out of State Car Insurance Coverage Wisconsin WI
Reader’s Question:
My son was in an accident while driving my car in Minnesota. The other driver was declared to be at fault. We are from Wisconsin, and he only went there to visit an aunt. Will my car insurance policy still cover for his medical bills since Minnesota is a no-fault state and the accident happened there?
Jennifer
Milwaukee, WI
Normally when driving out of your licensing state, in this case Wisconsin, your car insurance can be expected to follow the laws of the state in which you happen to be driving in. Minnesota happens to be a no-fault state. This simply means that those involved in an accident make their claims through their own car insurance, specifically the Personal Injury Protection (PIP) policy.
If your son doesn’t have his own car insurance, you, the car owner, will have to carry the burden through your own car insurance. Following the Minnesota PIP, you son is entitled to coverage of medical costs, replacement, wage loss, and even funeral expenses up to two thousand dollars. The minimum coverage amount is forty thousand dollars. Broken down, that’s twenty thousand dollars for medical expenses and the other twenty thousand for non-medical expenses. If things happen to cost more than this PIP limit, you or your son can claim against the other motorist’s liability coverage since he or she has been declared liable.
If you need more information and advice regarding claims for out-of-state accidents, don’t hesitate to contact the Minnesota Department of Commerce, which is the agency that regulates insurance in that state. Alternatively, you can get in touch with the Wisconsin Office of the Commissioner of Insurance, the insurance regulator for your state.’
Tags: auto insurance claims, auto insurance coverage, no-fault
Mandatory Automotive Insurance Coverage Wisconsin WI
Reader’s Question:
What is Wisconsin’s mandatory automotive insurance coverage?
Gary
Milwaukee, WI
Wisconsin’s financial responsibility law is intended to make sure that all licensed drivers in Wisconsin are liable for the damages that may arise from getting into an accident to which they are found to be at fault. This financial responsibility may come in the form of a vehicle liability insurance policy, certificate of self-insurance, surety/guarantee bond, or personal funds.
If you decide to satisfy the required financial responsibility by getting a vehicle liability insurance policy, you have to abide by the state-mandated minimum coverage requirements. Your policy must be able to cover 25 thousand dollars for the injuries or death of one person, 50 thousand dollars for the injuries or death of two or more persons for a single incident, and 10 thousand dollars for property damage and vehicle repair. The policy must also have uninsured motorist coverage worth 25 thousand dollars/50 thousand dollars to cover bodily injuries only.
If you feel the need to protect your assets, you may opt to get coverage that is beyond the required minimum set by the state. Your additional coverage will depend on your needs; therefore make sure that you get the appropriate policy for you. You may also check for deductibles that are applicable to your policy. Deductibles are additional payments that you make to pay for the damages. Your payment plus the payment made by the insurance company compose the total amount for a certain portion of the claim. To better understand this add-on and your other options, try seeking advice from different insurance agents.
Tags: auto insurance coverage, car insurance agent, car insurance law, deductible, liability insurance
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