Wisconsin drivers may get a break on their auto insurance prices; Republican’s have put a bill up for vote to decrease the minimum amount of liability insurance required. This may be a no-win situation; some of the components of the bill may end up costing drivers more in the long run. Just over two years ago the Democratic majority passed a bill to raise the minimum liability limits required to reflect pricing changes. It had been over 20 years since liability insurance had been raised. When Republican’s won the state…
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Wisconsin at the forefront of democrat healthcare reform requirements
Wisconsin seems to be ahead of the curve when it comes to instituting health insurance exchanges. The state has recently completed the infrastructure necessary for supporting the system in spite of stiff opposition from Governor Scott Walker. Walker has denounced the exchanges as an overstepping of the federal governments boundaries, a notion shared amongst several Republicans that have opposed the health care reform law. According to the law, states are tasked with setting up a self-sustaining exchange program by 2014. If they fail to do so, the federal government will…
Read MoreNew required lower limits of liability for drivers in Wisconsin
In Madison the Wisconsin State Assembly passed a bill wherein the minimum level for car insurance is lowered, wiping out the higher ones that were approved by the Democrats back in 2009. This bill reduces the minimum amount for coverage for the liability and uninsured drivers insurance. Before the law was approved in 2009, it was voluntary to get insurance for those who are underinsured. This time, it will go back to that same situation. When drivers are the cause of an accident that happened, this underinsured coverage is useful,…
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