New car insurance laws in Wisconsin - June 2010

A lot of drivers in Wisconsin may not be aware, but new car insurance laws are in effect from June 2010. It is of paramount importantce to fully understand the new laws. If you don't comply, unintentionally or not, you will probably face penalty charges and may even lose your drivers license. Study the following article regarding Wisconsin auto insurance extremely carefully and prevent avoidable headaches.

Minimum limits for car insurance in Wisconsin

The minimum car insurance limits, according to the new Wisconsin law, are::

$50,000 for injury or death of one person;
$100,000 for injury or death of two or more people; and
$15,000 for property damage.

Uninsured (UM) and Underinsurande motorist coverage (UIM) are required in addition to the Bodyli Injury (BIL) and Property Damage Liability(PDL). For these types of cover the minimum limits are:

$100,000 - Bodily Injury or Death of One Person
$300,000 - Bodily Injury or Death of Two or More People

What are all these coverages for?

BIL doesn't not provide protection to you or your passengers. If you case an accident, BIL provides cover for other people you many have harmed. Medical charges, loss of income, pain and suffering, are some of the reasons people may make claims against you and that's precisely why you need BIL. BIL will usually cover members of your household who are at fault in a car accident or even someone who was driving your car with permission. Once again, your own injuries and losses will not be protected under BIL.

If you damage other individuals property, the costs will be covered by Property Damage Liability. Needless to say, the cover is limited to the amount stated in your policy. Government property is also covered. Similarly to Bodily injury liability, Property damage liability is only intended to cover other individuals' losses not your own.

Uninsured motorists and Underinsured motorists coverages give proper protection to you and the people in your vehicle in an event of an accident, in the event that the other motorist doesn't have adequate or any auto insurance. Statistics clearly show that more people than ever are driving without insurance in Wisconsin. You will undoubtedly feel much more secure knowing that you are protected. It is barely worth it paying out a great deal of money for medical bills and then suing an uninsured or underinsured driver.

How to find cheap auto insurance in Wisconsin?

There is no question that a lot of people in will see a rise in auto insurance rates. It is only normal for auto insurance in Wisconsin to go up if higher limits and additional cover are required. That's why it is even more important to shop around in order to find the best quote for you. Remember that affordable car insurance sounds good, but having sufficient coverage is equally important. If you are a high risk driver, think about taking a defence driving course - you will be amazed how much it will reduce your premiums by. You need to get auto insurance quotes from different insurers. Insurance expert recommend obtaining at least 3 different insurance quotes. You may be surprised by the difference since insurance companies use different formulas to calculate rates.

For more information and free insurance quotes from multiple insurance companies please visit Wisconsin auto insurance, or if you are a high risk driver - sr22 insurance.