Milwaukee, Wis (PRWeb) 25 Οκτώβρη του 2011

With the new legal requirements come into effect next month that cutting in half the amount of Wisconsin motor insurance motorists must have change and that the application of certain types of protection , Online Auto Insurance (OAI) advises consumers to consult their providers about how changes will affect their policies and whether they should maintain higher levels of protection.

The new regulations should not affect the policies newly issued or renewed after November 1.

Supporters of the legislation, which abolishes the increase in the minimum levels of coverage that came into force last year, say the changes will mean lower premiums statewide. However, insurance industry experts have been saying for years that while they have only the minimum amount of coverage can save consumers a few dollars in the short term, can be financially devastating to an accident.

Consumers can get free insurance quotes without personal information needed to directly link to get an idea of ​​how much it would cost to maintain or increase their levels of coverage yet.

Drivers

almost every state legally obliged to purchase a minimum amount of liability coverage to pay for damage caused by a crash. Starting next month, the minimum in Wisconsin would be enough to cover losses of up to $ 25,000 for bodily injury to a person and up to $ 50,000 per accident. Policies should also include enough property damage coverage to pay up to $ 10,000 for damage caused by the insured.

Source

: http://oci.wi.gov/consumer/autohome-faqauto.htm

But experts say these levels may not provide enough financial protection for those who get into a serious accident. The Insurance Information Institute (III) says that drivers who are found responsible for the accounts totaling more than their policy will be forced to pay up the difference out of pocket.

OAI advise drivers Wisconsin motoristsand other statesto ask service providers to cover them how much it would cost to increase coverage levels at a point where it will fully cover the fallout from a potentially serious accident.

III, show that consumers are considering purchasing an umbrella or policy excess liability to pay, upon exhaustion of underlying coverage.

To learn more about this and other media and security issues, readers can go to http://www.onlineautoinsurance.com/quotes/no-personal-info/ where you will find informative pages of resources and a rate-comparison generator that can help users to quickly evaluate their coverage options.

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Tags: insurance, liability, quote, umbrella