As of June 1, 2010, auto insurance is now mandatory for all car owners in Wisconsin. The law requires minimum coverage of $50,000 for the injury or death of one person, $100,000 for the injury or death of two or more people and $15,000 for property damage. Drivers that do not have insurance can be fined up to $500.
The law requires that drives keep proof of their insurance information in the car. Police officers can request proof of insurance at traffic stops and accidents. Failure to provide this proof of insurance can result in a fine of $10.
The law also requires uninsured and underinsured motorist coverage each with minimum limits of $100,000/$300,000 for bodily injury coverage.
More information on the new insurance laws can be found at the websites for the Office of the Commissioner of Insurance and the Wisconsin Department of Motor Vehicles.
Feel free to contact Groth Law Firm, S.C. if you have any questions or would like to discuss your need for a personal injury attorney. Groth Law Firm, S.C. has offices to meet with clients in Brookfield, Milwaukee, Green Bay and Marinette.
What happens if you are involved in an auto accident and the at fault person says they have no insurance. How do you know if they are lying?
One of the “tricks of the trade” is using the State’s resources and power to pull the at fault driver’s license for a year or until payment of damages is made.
The form that is sometimes used is t342. I suggest you call the Wisconsin DMV or a person injury attorney with any questions about what to do when confronted with this situation.
I’ve received a number of calls from clients and potential clients asking about AIG’s financial situation and the federal government’s loan.
If you have auto insurance through AIG or if you were injured because of someone else’s negligence and they have AIG I’d recommend you read this article from WSJ.com.
AIG’s millions of insurance policyholders appear to be considerably less at risk. That’s because of how the company is structured and regulated. Its insurance policies are issued by separate subsidiaries of AIG, highly regulated units that have assets available to pay claims. In the U.S., those assets can’t be shifted out of the subsidiaries without regulatory approval, and insurance is also regulated strictly abroad.
I’m certainly no Wall Street expert but I think the Wall Street Journal’s writers know their stuff.
Jon Groth is a Wisconsin Personal Injury Attorney handling cases throughout Wisconsin and most recently in Kansasville, Marinette, Milton and Wauwatosa.
Here’s a little lighter take on the problems with our insurance industry. The best comedy is based in truth. This is good comedy.
p.s. I didn’t look at any links from the video. So, I don’t have a clue what else is being touted. I just think the video is funny.
Jon Groth is a Wisconsin Personal Injury Attorney handling cases throughout Wisconsin and most recently in Oconto, Watertown, Janesville and Wauwatosa.
I spoke with a client recently who was involved in a serious auto accident a few years ago. He was hit by a car that ran from the scene. He suffered a number of serious injuries and was admitted to Froedert Hospital’s ICU. Because he didn’t know who hit him he said nothing was done.
What would you do? Just call and ask. Most personal injury attorneys will not charge anything to investigate a situation like this. I will gladly order the police report and speak to witnesses and insurance agents to see if recovery for lost wages, medical bills and pain and suffering is possible.
Don’t forget in Wisconsin your insurance company supplies Uninsured Motorist Coverage. If you are involved in a hit and run collision you have the benefit of making a claim against your insurance company. Once your insurance company settles or is forced to pay what the value of your claim is then THEY have the burden of tracking down the at fault party and collecting from garnished wages or savings accounts.
Jon Groth is a Wisconsin Personal Injury Attorney handling cases throughout Wisconsin and most recently in Crivitz, Kenosha, Janesville and Wauwatosa.