Minimum Wisconsin Liability Ins Requirements

The minimum Wisconsin liability ins requirements are just that, the minimum that drivers must carry. They are just enough to cover a person for a minor accident, but may not be enough for serious accidents. This minimum is what is required for proof of insurance during vehicle registration or traffic stops.

The first point to manage, is at least $15,000 in property coverage. This doesn't cover the policy holder's vehicle or property, but rather that of other people involved in any accident. It is enough for a fender-bender, or maybe even the wreck of an older used car. Newer, more expensive cars won't be fully covered by this, and the driver may still be liable for additional money.

Second is the minimum coverage for death or injury of a single other person. This needs to be at least $50,000. The law doesn't currently require more, though many choose to carry more. Directly related to that is the required coverage for death or injury of multiple other people. This is $100,000. In case of small injuries this is a reasonable amount of coverage.

These are the very minimum amounts of coverage required to drive legally without fines or other problems in the state. For those with few assets, and who rarely drive, this may be enough. People with more assets, or those who drive more often might need more coverage.

The insurance doesn't stop another party in an accident from coming after more. If someone is injured, and the bills are half a million dollars, $50,000 isn't going to go very far. For this reason, many people choose to carry more than the minimum Wisconsin liability ins requirements. More might be better for financial reasons, but to stay legal in a vehicle, and not risk $500 no insurance tickets, all that is required is $15,000/$50,000/$100,000 coverage insurance.