New WI Auto Insurance Laws

In June of 2009, the Wisconsin Budget Bill was signed by Gov. James Doyle.  The Budget Bill included a number of significant changes to the Wisconsin Motor Vehicle Insurance Law; many insurance industry professionals made sincere attempts to strike these changes from the budget.  Despite those efforts, the budget passed.  As a result, auto policies will be affected by the following changes:

• Effective November 1st, 2009
  • Required limits on Un/Underinsured Motorist & Medical Payments
  • Uninsured Motorist minimum 100/300; Medical Payments $10,000
  • Umbrella policies must include Un/Underinsured Motorist
  • Stacking of Un/Underinsured Motorist and Medical Payments - up to 3 vehicles
• Effective January 1st, 2010
  • Raising minimum liability limits from 25/50/10 to 50/100/25
• Effective June 1st, 2010
  • Mandatory insurance requirement
  • Subject to a $500 fine for not having insurance

What does this mean for me?

These legal changes will affect your renewal policy. Please contact us when you receive your renewal to discuss the changes that have been applied and what can be done.

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