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06-30-2009, 10:24 AM
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Senior Member
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Join Date: Dec 2008
Location: Wisconsin
221 posts, read 60,252 times
Reputation: 62
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Question on auto insurance law in new budget
Does anyone know a link where I can find out about that
new gotta-buy-auto-insurance clause in the new budget?
I heard on tv that the gov reduced the required amount
with his line-item veto. But I don't know the details
like
when does it start?
how much does a person need to buy?
what are the predictions as to the premium rate increases?
This is the pits of a law, but gotta do it now. Sometimes
people just really can't afford life anymore. These insurance
companies are so **** greedy it isn't funny. They own the
government right down to the nails in the floor boards.
It is such the pits.
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06-30-2009, 10:27 AM
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Senior Member
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Join Date: Dec 2008
Location: Wisconsin
221 posts, read 60,252 times
Reputation: 62
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oh and the sequel to this question...
does anyone know of a state that does NOT have this law?
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07-01-2009, 05:06 PM
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Junior Member
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Join Date: Jul 2008
Location: the land of cheese and beer
3 posts, read 2,781 times
Reputation: 12
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The insurance companies didn't want this.
The insurance industry in Wisconsin has been trying to make sure this doesn't go through. You can thank Jim Doyle's affection towards trial lawyers for this one.
As far when it will start, I'm not sure. There is one other state that doesn't have a minimum liability limit law...I think it's in the NE somewhere.
It's been predicted that auto insurance rates in WI will go from the bottom 25% nationwide to the top 25%. Thank you Governor Doyle!
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07-04-2009, 06:55 PM
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Member
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Join Date: Dec 2008
Location: central wisconsin
49 posts, read 27,550 times
Reputation: 35
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Doyle is a complete horses ass.
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07-05-2009, 12:23 AM
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Moderator
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Join Date: Feb 2008
Location: Columbia County, Wisconsin
3,527 posts, read 3,061,002 times
Reputation: 1230
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What is this new law?
__________________
Moderator of these fine forums:
The Great States of Illinois, Chicago, Chicago Suburbs ,Vermont, Wisconsin, Madison, Milwaukee, Rural & Small Town Living
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07-05-2009, 01:19 AM
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Senior Member
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Join Date: Jun 2007
367 posts, read 210,222 times
Reputation: 326
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Quote:
Originally Posted by JoshB
What is this new law?
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Mandatory Auto Insurance. I think at least Liability for all cars. |
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07-05-2009, 11:49 AM
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Moderator
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Join Date: Feb 2008
Location: Columbia County, Wisconsin
3,527 posts, read 3,061,002 times
Reputation: 1230
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Isn't that a good thing, then? I think everyone should have insurance! I've got full coverage on my motorcycle and liability on my Maxima. I think it's dangerous to ride around with out insurance.
__________________
Moderator of these fine forums:
The Great States of Illinois, Chicago, Chicago Suburbs ,Vermont, Wisconsin, Madison, Milwaukee, Rural & Small Town Living
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07-05-2009, 04:08 PM
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Senior Member
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Join Date: Mar 2009
Location: South Fla
3,677 posts, read 635,520 times
Reputation: 594
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Here in Fla the auto insurance company notifies the state of you cancel and if another one doesnt notify that they picked you up they automatic suspend your licences.
I know a police officer that was driving around on duty for mths on a suspend license and didnt know till he just happen to run his own license one day out of being bored, He was working off duty guarding a temple got bored and ran his own license. It came back suspended
The rates arent cheap
Fla also passed a law that if you get caught with a dui to get insurance you have to pay a higher rate and pay for 3 years at a time. I believe you have to carry 100k or something like that. My insurance agent told us about a guy that worked for the city had to have his license and insurance. He had to pay over 10k to get insurance for his license. That was for his 1st dui
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07-05-2009, 05:59 PM
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Senior Member
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Join Date: Mar 2008
Location: Chapin SC
670 posts, read 299,861 times
Reputation: 173
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there is nothing wrong with everyone on the road needing at least minimum coverage. It's wrong that I have to pay extra for un-insured motorists on my policies just to make sure i'm covered ( actually had to use it some years ago when tagged by someone with no license or insurance ).
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07-06-2009, 08:39 PM
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Moderator
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Join Date: Jun 2006
4,633 posts, read 4,637,978 times
Reputation: 1189
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WI has ridiculously low insurance rates right now. I also find it amazing that people wouldn't want auto insurance. What do you do if you are in an accident? What if you seriously hurt someone and/or total their car--do you really have the money to pay for all that? Isn't $60/month worth it??
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