Is it true that you dont have to have auto insurance in wisconsin?
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3 Responses
1.31.2010
Best Answer – Chosen by Voters There is no auto insurance law per se, but there is a financial responsibility law that says you either meet the requirements by having insurance or post a cash bond to cover any damage you cause–in other words, you are self insured. If you have enough cash on hand, forget insurance and do the bond.Wisconsin Liability Coverage limits explanation: 25/50/10 25=$25,000 – 50=$50,000 – 10=$10,000First number = bodily injury liability maximum for one person injured in anaccident.Second number = bodily injury liability maximum for all injuries in oneaccident.Third number = property damage liability maximum for one accident. So, $85,000 should cover it.
1.31.2010
Do you have $50,000 in the bank to cover someone else's injuries and damage to their vehicle?I find it hard to believe that ANY state would not require you to have at least liability insurance on your vehicle. All I can say is you'd better not ever be at fault in a collision.
1.31.2010
No, it is not true. I have included a link that tells what you need to have to drive in Wisconsin.http://www.dot.wisconsin.gov/drivers/dri…