Transcription of Frequently Asked Questions – Automobile Insurance
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Frequently Asked Questions – Automobile Insurance
STATE OF WISCONSIN. Frequently Asked Questions Automobile Insurance OFFICE OF THE COMMISSIONER OF Insurance PI-233 (R 02/2018). The Automobile Insurance Policy (page 1) personal funds, or certificate of self- Insurance when Wisconsin's Financial Responsibility Law (page 1) operating a motor vehicle in Wisconsin. Details are Physical Damage Coverage (page 2) available on the Department of Transportation's Web The Claims Process (page 3) site at Cancellation/Nonrenewal (page 3) or- Rating (page 4). Miscellaneous Auto Insurance Questions (page 4) If I buy Automobile Insurance , what coverages are required in Wisconsin, and what are the minimum limits I can purchase? The Automobile Insurance Policy Your Automobile Insurance policy must provide the following minimum liability coverage: What is Automobile Insurance ? $25,000 for injury or death of one person Automobile Insurance is a contractual agreement between an Insurance company and an insured (poli- $50,000 for injury or death of two or more people cyholder).
An insurance company considers a vehicle a total loss if repairs would cost more than the vehicle is worth. An insurance company will use various sources to value your vehicle including, but not limited to, the National Automobile Dealers Association Used Car Guide ("Blue Book") or the CCC Information Services, Inc., guide. The
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