All drivers in Wisconsin must have a current auto insurance policy or, in limited situations, another guarantee that could be a bond, personal funds, or a self-insurance certificate when driving a motor vehicle in Wisconsin. Remember that liability coverage does not apply to your own injuries or damage to the vehicle after a car accident in Wisconsin. You'll need different (additional) coverage for that if you're involved in a car accident and no other person's coverage applies to your losses. For example, collision coverage (optional in Wisconsin) can pay for repairs (or replacement) of your damaged vehicle after a car accident.
Keep in mind that a collision or full risk may be required under the terms of a vehicle lease or financing agreement. You should cancel your car's full coverage insurance when the cost of the insurance is equal to or greater than the potential payment, in the event of a covered event. All drivers in Wisconsin must have car insurance or some other form of financial guarantee (bond, personal funds, or self-insurance certificate). We'll help you discuss state requirements, coverage options, and discounts available for Wisconsin car insurance.
Comprehensive insurance covers repair or replacement costs if your car is damaged by falling objects, natural disasters, floods, fires, thefts, vandalism, or animals. Some states require drivers to have PIP or MedPay, while collision insurance is often mandatory if you rent or finance your car. Lenders often require collision and comprehensive insurance, in addition to the insurance that you must have under Wisconsin law when financing a car.