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Benjamin Zitney 8667 Haven Ave. #100 Rancho Cucamonga CA, 91730 9097842471 |
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The writers at Online Auto Insurance recently released a new FAQ explaining the required coverage levels for residents of Wisconsin, the latest state to implement a car insurance mandate.
Online PR News – 18-August-2010 –The costs that could potentially arise from an auto accident add up very quickly, which makes getting out onto the road without coverage a risky affair. Despite the existence of that risk, approximately 15 percent of drivers in Wisconsin got behind the wheel in 2007 without first obtaining auto insurance, according to the Insurance Research Council. At the time of that statistic, though, the Badger State was one of the few states in the nation that do not legally require its residents to maintain coverage. That didn’t change until June 1, 2010, the first day that the state’s compulsory auto insurance law went into effect. The writers at OnlineAutoInsurance.com recommend that residents of the state become familiar with the necessary coverage that needs to be in place in order to be in compliance with the law.
After two months of having the state’s new law in place, all Wis. drivers should be in compliance with the new Wisconsin car insurance mandate. Those who are caught driving in the Badger State without insurance may face a fine of up to $500 if stopped by law enforcement, and those who produce fraudulent proof of coverage could be fined for up to $5,000. This means that drivers in the state must ensure that liability coverage is in place for bodily injury, property damage and uninsured/underinsured motorists. Also, all drivers should be aware that the beginning of 2010 saw a rise in the required minimum levels of coverage.
Source: http://www.dot.wisconsin.gov/drivers/vehicles/ins-req.htm
Considering the costliness of an accident and the fact that Wisconsinites’ average expenditure on auto insurance in 2007 was estimated to be only $82 more than the current fine for driving without coverage, residents of Wisconsin would do good to get covered. Consumers who would like to learn about the minimum levels of required coverage, as well as other insurance matters, can go to http://www.onlineautoinsurance.com/wisconsin/ to access the newest FAQ and get a free, personalized quote comparison.
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