How does the 2011 Consumer Auto Insurance Choice Act affect you?

Recently, Governor Walker signed into law the 2011 Consumer Choice Auto Insurance Act.  This act was created to reverse the impact of Act 28 State Budget where insurance coverages were mandated for Wisconsin residents thereby changing their coverage and increasing premiums statewide.

The following is a breakout of what has now changed in the 2011 Consumer Choice Auto Insurance Act according to the Wisconsin Insurance Alliance:

*Each number represents a dollar amount in thousands, i.e., $25,000/$50,000/$10,000.  The first amount is the maximum paid to any one injured person, the second amount is the maximum paid to all injured persons in a single accident, and the third number is the maximum paid for damage to property.

The Starr Group is happy to review your policy to ensure you are comfortable that it provides the coverage necessary for your lifestyle.  However, the benefit in not mandating these coverages is that it creates an environment where Wisconsin will remain one of the lowest cost auto insurance states in the country.

NOTE: The Starr Group never recommends minimum limits for our customers.  In many cases, minimum limits will leave you underinsured at a time of loss.

Your Starr Group Representative will be contacting you for your annual review; it is important we connect in light of the new law.  At that time, we will review these changes and how they will impact your policy.  If you wish to discuss in advance, please contact us at 414-421-3800.