Yes, uninsured motorist coverage is required in Wisconsin. Drivers in Wisconsin are required to carry $25,000 in uninsured motorist bodily injury (UMBI) coverage per person (up to $50,000 per accident). Wisconsin does not require drivers to have uninsured motorist property damage (UMPD) insurance, however.
Uninsured motorist insurance covers the policyholder’s expenses after an accident if the other driver doesn’t have insurance or doesn’t have enough coverage to pay for the damage. UMBI pays for the policyholder’s medial bills, while UMPD pays to repair or replace their vehicle. Instead of UMPD, drivers in Wisconsin can use collision insurance, which covers repairs after any car accident.
How Uninsured Motorist Coverage Works in Wisconsin
Normally, a Wisconsin driver can collect damages from the at-fault driver’s liability insurance after an accident. However, if the other driver is uninsured or underinsured, getting compensation can be time-consuming or nearly impossible. That’s where UM/UIM coverage can help. Instead of having to file a lawsuit, you can file a claim with your own insurance company in order to pay your bills and get the repairs or treatment you need without waiting for the courts.
Even though car insurance is required in Wisconsin, an average of 14% of drivers in the state don’t have car insurance. Car accidents in Wisconsin can be extremely expensive, too. For example, fatal accidents in Wisconsin have a total cost of $828 million each year. As a result, uninsured/underinsured motorist insurance is a smart investment for Wisconsin drivers.
Key Facts About Uninsured Motorist Coverage in Wisconsin:
Uninsured Motorist Bodily Injury Coverage: $25,000 per person and up to $50,000 per accident
Uninsured Drivers on the Road: 14%
Total Crashes per Year: 118,254
Total Annual Cost of Fatal Accidents: $828 million
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