Wisconsin, like every other state has its own set of insurance rules for cars, which have been put in place to protect both the car owner and the insurer. The laws vary between different states, but most are the same. You need to know these laws in order to ensure that you are receiving the best possible coverage for your vehicle.
In Wisconsin, there are three insurance companies who cover all vehicles: Progressive, Allstate and Madison Metropolitan. All of these companies offer different car insurance policies, but they all provide basic coverage in the state. Progressive will provide you with car insurance coverage in Wisconsin for a set fee based on your age and the model of your car. You can choose from basic coverage, liability coverage or comprehensive coverage depending on what you need.
Comprehensive coverage is more expensive than liability coverage, but it provides additional protection against damages to the property and people around you. It is recommended that you get a more comprehensive policy if you live in a high crime area. If you are only worried about getting a liability policy, it is not recommended that you go for comprehensive coverage because this type of policy will be less effective against damage to your car.
To ensure that you are receiving the best deal when it comes to car insurance in Wisconsin, it is advised that you compare rates. You should take time to contact as many insurance companies as possible and request that they give you free quotes from all of them. Insurance agents are very friendly and willing to help you find the best deal, which is why it is important to ask them for a quote and get it from at least three insurance companies before making any decision.
You should always buy an insurance plan that provides adequate coverage for both the physical value of your car and the value of your personal property and possessions. Although there are some states that do not require coverage for the value of your car, most of them do. You should also take into account the cost of repair of your car, which is why it is wise to choose a car insurance plan that will reimburse you for the cost of repairs if your car breaks down or gets stolen. This is known as collision coverage in Wisconsin.
In Wisconsin, it is recommended that you only purchase basic coverage, which is basically liability coverage. Liability coverage protects you against lawsuits and is mandatory in the state. When choosing this type of coverage, it is advisable that you buy a plan that covers only bodily injury, property damage and medical payments.
Liability coverage provides protection against lawsuits for accidents, which means that you will only be covered for the state’s minimum liability insurance limit of $500. In Wisconsin, you cannot drive your car legally without this coverage, unless you have a special license and have purchased this coverage through the Department of Transportation’s official Wisconsin insurance website. You are also limited to the state’s minimum of liability insurance for your car, which means that you will only be covered for the value of your vehicle and the actual amount of insurance that were previously purchased by the insurance company.
Medical payments coverage is also mandatory in Wisconsin and is designed to pay for the medical costs of a third party in case you were to become a victim of theft, bodily injury or property damage. This is considered comprehensive insurance in Wisconsin and is usually required if you have someone else to drive the car.