WI Making Mistake with Adjustments to Auto Insurance Minimums?
November 8th, 2011Many states have examined their minimum requirements for auto insurance coverage. A majority of these states have increased their requirements or have lowered them slightly in order to give drivers some relief. The state of Wisconsin is taking the radical step by lowering their minimum requirements by half. Drivers in the state will now be required to have $25,000 in liability coverage per person and $50,000 for each accident. The new law was instituted in response to drivers wanting lower car insurance premiums. Drivers who have poor driving records will save a lot of money each month on their car insurance premiums but people with excellent driving records will barely see a change in their insurance premiums and they will have half as much coverage. Read more…
Tags: Auto Insurance, Insurance