Car insurance is very important for safety of drivers and their vehicles. In the U.S, there are different car insurance laws from one state to the other. This is in terms of the coverage, their costs as well as mandatory terms. Milwaukee car insurance laws are more the same as those for Wisconsin State.
Being the largest city in the state of Wisconsin, Milwaukee city is one of the most popular cities in the U.S. For this large population, there is heavy traffic on the roads of the city. As a result, there are laws set for Milwaukee car insurance. Like in many other states and cities, these laws are put in place to provide financial protection. This is usually applicable in times of accidents or other mishaps like theft or vandalism.
Like in most states, Wisconsin State has its minimum set levels of liability insurance. Milwaukee car insurance follows suit for liability coverage levels. This is set at $50,000 for death or bodily injury caused to one person in an accident, $100,000 to provide coverage for death or bodily injury of two or more people in an accident and $15,000s for overall property damage. Milwaukee car insurance laws on minimum liability levels changed in year 2010 with an increase. This made auto insurance in Milwaukee a great expense.
With Milwaukee car insurance laws, every driver must produce proof of insurance. This means all vehicles should have auto insurance and has to be provided once an officer asks for it. This is mostly required in cases of violation of traffic or during an accident. The proof of Milwaukee car insurance though does not apply for the semi trailers.
Since it is mandatory to have proof of Milwaukee car insurance, there are set penalties for those who offend this law. Lacking this insurance could result to fines of up to $500. Additionally, providing fake insurance could result to fines of up to $5,000.
Milwaukee car insurance applies to all vehicles. The laws require that even rental cars provide proof of financial responsibility. This is in terms of carrying the minimum liability coverage required by Milwaukee auto insurance laws. For this case, most credit cards and auto insurance policies include car rentals. This way, Milwaukee drivers and vehicle owners are advised to check with their policies as well as credit cards. In case both don’t provide coverage for rental cars, then the insurance should be purchased from rental car agencies. This is provided at a rate of between $7 and $14 per day.
Since the State of Wisconsin follows the Tort system, Milwaukee car insurance laws are thus based on the tort system. This requires that a driver must be found guilty as cause of accident. This driver is termed as At Fault driver who is responsible for all damage caused. All damage is paid for by the insurance company of the driver at fault. For this case, most Milwaukee car insurance companies recommend drivers to purchase higher coverages than the minimums set by the state.
Following the Tort system, the underinsured / uninsured motorist coverage is not required. Though this is the case, insurance companies in Milwaukee propose that drivers should carry higher coverages. The uninsured / underinsured motorist coverage is recommended at $50,000 per person and $10,000 per accident.