Feb 15
Share
Drivers in Wisconsin may start paying even less for their car insurance premiums, even though studies have shown that they already pay the fourth least in United States. According to “Car Insurance levels could drop in Wisconsin” by Cameron Clark of Fox11 WLUK-TV, a bill was passed by the state Senate on Tuesday. Back in 2009, a bill was enacted requiring Wisconsin drivers to increase their insurance coverage from companies like Infinity auto insurance. The Senate was led by Democrats who backed this increase in liability coverage, but now that Republicans are in charge they are looking to repeal that bill.
Wisconsin residents currently have to carry $50,000 per person and $100,000 per accident in liability coverage. From 1982 to 2010, they were required to carry $25,000 per person and $50,000 per accident and those are the levels that the repeal would return requirements to. Finding cheap car insurance should now be easier for those residents who are struggling financially, but still want to meet the minimum car insurance requirements set by the law. Most drivers would save money on their premiums if this law is repealed.
A State Farm Insurance rep confirmed that most people asking for a State Farm auto quote saw a rate increase because of this increased liability coverage. She says that drivers will have more options for their car insurance and lower premiums overall if the bill is repealed. Supporters of the higher liability coverage worry that drivers may lose out in the case of an accident. They think that these lower amounts of liability coverage will not pay for all of the damage or medical costs associated with an accident in many cases. The vote heads to the State Assembly later on this month.
Recent Comments