If you have health insurance, you may not need protection against personal injury. If you live in a state that requires PIP coverage, you can choose the minimum amount of coverage if you're well covered by your health insurance plan. Also consider the amount of your health insurance deductible. If you have a low health insurance deductible, you can opt for a higher deductible in your PIP coverage to reduce the rate of your auto policy.
However, most states don't have a deductible for the PIP, which means that the PIP can be a favorable option if your health insurance plan has a high deductible. Wisconsin is a at-fault state, so whoever causes a car accident is responsible for covering all damages that occur. Wisconsin motorists are not required to have personal injury protection (PIP) or medical payments coverage. Wisconsin auto insurance laws define the amount of car insurance that drivers are legally required to carry and the legal and financial consequences of not meeting insurance requirements.
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). Insurance appraisers and lawyers who work for insurers earn their living by negotiating claims and building a case on their behalf. Since insurance coverage rates are significantly cheaper in Wisconsin than the national average, you have a good chance of finding great car insurance at great prices. Next, we'll look at the state's cheapest car insurance companies and coverage options, starting with the providers and the most affordable coverage options.
The main reason why car insurance is mandatory in almost every state is because of your personal liability (liability) if you cause an accident. If the person who borrowed your car from you wasn't at fault for the accident, then it's best for them (and you) to consult a personal injury lawyer to file a compensation claim with the at-fault driver's insurance. In fact, the Guides Auto team has carefully reviewed and identified the best auto insurance options in the state. With its highly competitive insurance premiums and excellent financial strength, Geico stands out as an attractive option for auto insurance in Wisconsin.
If you apply for new insurance, the new insurance company will be able to view the history of accident claims. Then, you can compare car insurance policies to determine which ones offer you the most affordable car insurance coverage. However, remember that comparing car insurance quotes from various providers is the best way to find the cheapest rates. The following series of tables shows the cheapest car insurance for young drivers in Georgia, along with the estimated monthly and annual costs.
However, drivers who choose not to purchase auto insurance must show that they have sufficient funds to meet the state's financial responsibility requirements (PDF) in the event that they cause an accident.