Q: Do I need auto insurance in the state of WI? Why does having a Wisconsin auto insurance plan help me?

A: Yes, you do need to purchase auto insurance in the state of Wisconsin. It is a WI state law that all drivers must have certain auto insurace coverages and limits. To find out more on what is required by WI stae law, please view: How Much Auto Insurance Do I Need in Wisconsin.

Failure to comply with the WI state law regarding auto insurance could result in penalties and fines if you are caught, so it is important to make certain you have the Wisconsin car insurance that is required by law.

In addition to auto insurance being required by Wisconsin state law, auto insurance provides security in the case of an auto accident. In the case of an auto accident that is your fault, you could be responsible for the losses of the other individual(s) involved. A claim or a lawsuit could be filed against you for the losses of the individual(s) involved and you may have pay (without insurance, out of pocket) for the property damage, medical expenses, lost wages, and/or pain and suffering of any injured person. The amount of money you could end up owning could be astronomical.

If you don’t have a WI auto insurance policy, anything of value that you own, including your house, savings, future wages and/or other assets could be taken from you to pay for the losses of the other individual(s). Having an auto insurance policy can help protect you and your assets in the case of an auto accident.