Start Comparing Rates within Minutes!
Start Comparing Rates within Minutes and you could save!
Compare Rates Within Minutes!
- Complete 1 short quote form
- Compare rates from top insurers
- Save time & money!
Republican lawmakers in Wisconsin look to repeal car insurance lawsPosted On Wed, January 12, 2011
Republican legislators are looking to make waves in the now GOP-controlled Wisconsin Congress by repealing some of the changes the changes Democrats made to the car insurance industry. In the previous session, the Wisconsin Legislature increased the amounts of liability coverage consumers needed to buy when purchasing car insurance. But in this session, Republicans are looking to roll back liability amounts to their pre-2009 levels. For causing injury or death, the minimal level of coverage would go from its current $50,000 back to $25,000; injury or death of two people would go from $100,000 back to $50,000; and for property damage $15,000 to $10,000.
Supporters of the previous bill are banking on the current levels of insurance coverage staying put.
"It will not happen. The rates will remain the same," said Christine Bremer Muggli, an attorney for the Wisconsin Association for Justice. "Everything will be exactly the same and coverage will be diminished."
Supporters of the new bill believe it will lower premiums, which have increased since 2009. Prior to previous bill, Wisconsin car insurance premiums were the seventh lowest in the nation, according to the Insurance Information Institute.
Feedback or questions? Email the editor here.