CAR INSURANCE BY STATE

As the 23rd largest state and 20th most populated state in the U.S., Wisconsin still has plenty of rural area for driving and lots of destinations. Head to one of the major cities, Milwaukee or Madison, for a look at some city-living. Or, head to the Great Lakes and soak up the sun on one of many beaches with clear, calm water. Wisconsin is a diverse state with many kinds of drivers, so always pay attention to the road. Where there are good drivers, there are also bad drivers, and then sometimes, accidents happen to the best drivers. Always be prepared with adequate auto insurance.

Wisconsin Auto Insurance Requirements

Wisconsin’s Financial Responsibility Law requires all drivers to maintain minimum limits of liability insurance or have an alternate way to pay for bodily injury and/or property damage they cause. Financial responsibility can be obtained in many ways:

  • Coverage by a motor vehicle or automobile liability insurance policy
  • A cash deposit of $60,000 to the Department of Motor Vehicles (DMV)
  • A surety bond for $60,000 obtained from an insurance company licensed to do business in Wisconsin

If you decide to purchase an automobile insurance policy, you are required to purchase minimum amounts of coverage, as outlined in the table below. Wisconsin is a “Tort” state, which means that you, as a driver, bears all financial responsibilities for both damages and injuries incurred in an auto accident in which you were at fault.

Wisconsin drivers can add extra protection with optional coverages such as collision, comprehensive, medical payments, and/or underinsured motorist.

Coverage Type Required? Minimum Coverage Amount Required
Bodily Injury Liability Yes $25,000 per person$50,000 per accident
Property Damage Liability Yes $10,000
Uninsured Motorist Bodily Injury No $25,000 per person$50,000 per accident
Underinsured Motorist Bodily Injury No $50,000 per person$100,000 per accident
Personal Injury No

You may want to consider purchasing limits of coverage higher than those required by law to protect your assets or property, as you may be personally responsible for any damages above the policy limits.

Auto Insurance for Leased Vehicles in Wisconsin

Most leasing companies in Wisconsin typically require drivers to maintain insurance coverage which exceeds the minimums set by Wisconsin state law. This is to protect you financially, as well as your leasing company, should they be held partly responsible. Most leasing companies will recommend the following amounts of insurance coverage for your leased car:

  • Bodily injury liability coverage: $100,000 per person/$300,000 per accident
  • Property damage liability coverage: $50,000
  • Comprehensive and collision coverage: $500 maximum deductible

Car Insurance Agents By City/Town In Wisconsin

Additional Wisconsin Auto Insurance Information

For more information on auto insurance in WI, please contact the following agencies:

Wisconsin Department of Transportation: Motor Vehicles Division

www.dot.wisconsin.gov/drivers

State of Wisconsin Office of the Commissioner of Insurance

125 South Webster Street
Madison, WI 53702
oci.wi.gov