Car insurance is mandatory in almost every state. State minimums and types of coverage vary, but nearly every state that requires insurance requires liability coverage for property damage and bodily injury. The only exception is Florida, which only requires liability coverage for property damage in addition to PIP coverage. That's why it's also important to know how much car insurance you need, so as not to jeopardize your personal assets in the event of an accident.
If you're looking for the cheapest auto insurance in Wisconsin, check out Geico, State Farm and Erie Insurance. Liability coverage comes standard with most vehicle and property insurance policies, including auto and homeowners insurance. If the cost of the damage caused by the accident exceeds the limits of your insurance policy, the person who was driving your car may have to hire their own insurance company to cover the costs (if they have insurance). As a former lawyer in the insurance industry, he understands exactly how insurers work and what it takes for them to pay fair compensation.
By requiring specific liability insurance for victims of an accident caused by you, they can receive financial help for injuries and property damage without seriously affecting their own financial well-being. We'll help you discuss state requirements, coverage options, and discounts available for Wisconsin car insurance. If you gave that person permission to drive your car and they cause an accident, your insurance will likely cover it. Insurance appraisers and lawyers who work for insurers earn their living by negotiating claims and building a case on their behalf.
If you have a low credit score or a DUI on your driving record, Progressive stands out as a particularly attractive option for car insurance in Wisconsin. Then, you can compare car insurance policies to determine which ones offer you the most affordable car insurance coverage. Because of their lack of driving experience, Wisconsin teens can pay up to four times what middle aged drivers pay for car insurance. This information is not an insurance policy, does not refer to any specific insurance policy, and does not modify any provision, limitation, or exclusion that is expressly stated in any insurance policy.