Liability Insurance Coverage Requirement in Wisconsin
Reader’s Question:
Is it required for the motorist to have a liability insurance coverage? I live in Wisconsin.
Rain
Thank you for asking Rain.
Wisconsin has a financial responsibility law that pertains to any licensed drivers to operate a vehicle in Wisconsin. This law is intended to make sure all drivers operating a motor vehicle has car insurance or enough money to pay for damages to others that may have been caused by a motor vehicle accident. By acquiring an automobile liability insurance policy, a surety bond, personal funds or a certificate of self-insurance, these requirements may be met.
If the driver decides to satisfy the financial responsibility law requirements by purchasing car insurance there are certain minimum liability limits that must be bought. These limits include: $25,000 for injury or death of one person; $50,000 for injury or death of two or more people; and $10,000 for property damage. The law also requires uninsured motorist coverage of $25,000/$$50,000 for bodily injury liability coverage only.
Goodluck!
MariCAR
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