On Tuesday, April 12th, Governor Scott Walker signed Assembly Bill 4 into law which reduces car insurance coverage requirements. The Bill, which will take effect on November 1st, is designed to lower car insurance rates.

Under Assembly Bill 4, Wisconsin drivers are still required to carry auto insurance, but the required minimum levels will drop.

Current liability minimums are:

$50,000 for one person injured, $100,000 for all persons injured and $15,000 for property damage, (50/100/15).

The bill drops limits to:

$25,000, $50,000 and $10,000, (25/50/10).

Under current law, all auto insurance policies must have underinsured motorists coverage. This coverage pays for injuries caused by a driver who is inadequately insured. Under the bill, underinsured motorists coverage will still be mandatory.

Current levels for underinsured coverage are:

$100,000 per person and $300,000 per accident, (100/300).

The bill drops limits to:

$50,000 per person and $100,000 per accident, (50/100).

The bill also bans “stacking.” Stacking allows insureds to multiply motorist benefit by the number of vehicles they have insured. For example, if a policyholder has uninsured motorist limits of $50,000 on three vehicles, the available compensation would amount to $150,000.

If you have any questions regarding the new changes in Wisconsin auto insurance requirements, feel free to This e-mail address is being protected from spambots. You need JavaScript enabled to view it .