Wisconsin Car Insurance Rates To Increase

May 28, 2009 19:08 by Ally Car Insurance Staff

The Chicago Tribune reported today that the an attempt by the state’s Republicans to remove a an insurance premium provision from Wisconsin's budget failed.

Wisconsin drivers are not required to carry auto insurance, but those who choose to must purchase a minimum amount. The provision in question will increase the minimum amount for injuries from $25,000 to $50,000; increase the total coverage amount from $50,000 to $100,000, and increase minimum property damage coverage from $10,000 to $15,000. The changes would take affect in 2010, and will increase even more in the next two years after that.

Many say the increases will cause Wisconsin premiums to skyrocket.

The increases are part of Gov. Jim Doyle's proposal.


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