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Wisconsin State Car Insurance Legal Requirements

The issue of getting car insurance is extremely significant. People take to the wheels of a car, in increasing numbers and it is necessary that there be laws, rules and regulations to regulate these. This is quite important in times such as these, when delinquency and rash driving instances are on the rise, endangering the life and property of others, as well as self. This is one of the primary reasons why each US state has its own code and law regarding car insurance, which is true in the case of Wisconsin.

Financial Responsibility Laws

The state of Wisconsin has Financial Responsibility laws, when it comes to car insurance. The basic objective of the law is to ensure that car drivers have a responsibility towards life and property of others. It is only when there is a financial implication of actions, that many folks take heed to laws, out of fear of penalties on non compliance, which can act as a deterrent to irresponsible behavior on the road.

Minimum Car Insurance Coverage in Wisconsin

The state of Wisconsin stipulates the following minimum bodily insurance coverage to be taken by all drivers, which is represented by the term 50,000/100,000/15,000. This is expounded as follows:

-       $50,000 coverage in case of injury to or death of one person in one accident

-       $100,000 coverage in case of injury or death or 2 or more persons in one accident

-       $15,000 coverage in case of damage to or destruction of property of others in one accident.

In the case of uninsured and underinsured motorist insurance coverage (UM/UIM) would be at least $100,000 per person and $300,000 per accident.

The above are the revised laws with respect to Wisconsin auto insurance which have come into effect from January 1, 2010. The earlier provisions were quite lower, but these have been increased in the best interests of providing adequate cover.

Proof of Insurance:

It is not enough to have car insurance, as you must also be able to provide documented proof that you have the car insurance. To get this, you need to file an SR-22 form with the car insurance company. The proof of car insurance may be required by law enforcement officials or department of revenue officials, not only in the case of any accident but otherwise also. This implies that you will essentially have to carry proof of insurance along with your driver’s license copy and also your car registration papers.

Penalties in case of failure to provide proof of insurance

The failure to provide documented proof of car insurance can open you up to quite a few penalties which could include suspension of your driver’s license as well as car registration. You have to then pay associated fees of $0 for license and $60 for registration reinstatement. You also have to fill out the registration reinstatement form duly, so that reinstatement of the driver’s license and registration can be complete.

For more information, and intricacies on car insurance laws in the state of Wisconsin, you can refer to the many sites online that offer such info.

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