INSURANCE MANDATE INCLUDED IN WISCONSIN BUDGET

Source: Murnane Brandt Insurance Litigation Bulletin - Summer 2009

With the recent passing of the Wisconsin state budget, all drivers will soon be required to have auto insurance.  Currently, the minimum amount of coverage for drivers is $25,000 per person.  The new budget raises those rates to $100,000.  These changes have been criticized by those claiming rising rates will only increase the amount of people driving without coverage.  “These increases on top of the economy that people are facing today will have a dramatic impact on household budgets and potentially the amount of uninsured drivers on the road,” says Andy Franken, President of the Wisconsin Insurance Alliance.  Proponents argue that increasing rates helps guarantee insurance works in the event of an accident. 

The new auto insurance requirements begin in 2010 and levels will be adjusted again after five years.

This Insurance Litigation Bulletin is designed to keep our clients generally informed about developments in the law relating to this firm’s practice and should not be construed as legal advice or a legal opinion concerning any factual situation.  Specific facts may alter any legal result.  Nor is this Bulletin intended to create an attorney-client relationship. 

If you have any questions, or would like more information, please contact your Murnane Brandt attorney or any of the following individuals:

Stacy E. Ertz
sertz@murnane.com   
651.251.8309   

Kari L. Gunderman 
kgunderman@murnane.com 
651-251.8372

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