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• Wisconsin Auto Insurance
• Required Liability Insurance in WI

Wisconsin Minimum Insurance Limits | Liability Ins Info

Minimum Required Amounts of Liability Insurance in Wisconsin

If you are at fault for causing an auto accident,
you may be financially responsible
for the losses and damages of the
other people involved. The other party may file a claim or a lawsuit against you and you may
have to pay for the
property damage you
cause You may also have to pay fo the medical
expenses, lost wages,
and pain and suffering of
any injured person. Obviously, the costs of such a circumstance could be a lot of money.

Auto liability insurance is not only going to protect others, but it’s going to protect your assets if you are deemed at fault for causing an auto accident. Liability insurance protects your major assets like your home, savings, and future wages; all of which may be taken to pay for the losses you are responsible to cover.

Wisconsin Financial Responsibility and Proof of Insurance

Wisconsin law requires that you are able to prove financial responsibility in the event that you cause an auto accident. It is designed
to make sure that any motorist licensed to drive in
Wisconsin has insurance or enough money to pay for
damages to others that may be caused by a motor
vehicle. These requirements may be met a surety bond or self-insurance, but the vast majority of Wisconsin residents meet the requirement by purchasing auto insurance. On a related note, if you do have car insurance, it is important to carry proof of insurance (usually in the form of an insurance ID card) in your vehicle at all times.