Comprehensive Auto Insurance Wisconsin
Reader’s Question:
Hello there. I’ve noticed there have been a lot of natural disasters happening around the world–rains, floods and hurricanes. It made me wonder how prepared I am for these events. Will my auto insurance in Wisconsin cover my car if things like these happen?
Mickey
Eau Claire, WI
Yeah, it has been a weird year for weather, hasn’t it? This would be a good time to review your auto insurance coverage to make sure you’ve got everything covered. For an auto insurance company to cover the cost of damages or the replacement of your vehicle in case of a natural disaster, you must have comprehensive auto insurance. This is not usually part of the minimum insurance requirements of states like Wisconsin, so you will have to purchase this as an add-on to your auto insurance minimums. Be sure to read the fine print in your policy, so you know exactly what is and what isn’t covered. You will want to know how much, if any, will be your share of the bill. You may also want to look at gap insurance or rental insurance if having a vehicle is essential to your kind of work. If you are not already covered, I suggest you go out and get one as soon as possible. You can’t just run out to the store and ask for this kind of insurance coverage every time there’s news that bad weather will hit. With this kind of insurance there is usually a lead time of, say, 30 days before your auto insurance is in effect. So, don’t wait until the last minute.
Cheapest Car Insurance Wisconsin?
Reader’s Question:
Is there a state where you will not be required to have auto insurance? What about Wisconsin? Who would be the cheapest?
Tom
Eau Claire, WI
There are some states in which car insurance is not required but you are mandated by those states laws to have a type of financial responsibility in effect to cover damages you may cause in an accident if you choose to not have car insurance on your motor vehicle.
Every state requires auto insurance or that you meet financial responsibility requirements through a bond or some other way which shows you are able to pay if you cause damages to other party or property in a auto accident. Each state renews and/or changes their laws annually, so those states that had no insurance requirements in the past now do. The state of New Hampshire probably has the least amount of requirements.
Most people believe that Wisconsin does not require car insurance, which is true but you must have other means to pay for the damages you cause if you are at fault in an accident.
The cheapest depends on your driving record, your vehicle and the area of town which you live plus the deductible amount.
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