Now here is something truly bizarre. In these times of escalating medical expenses, Wisconsin Republicans are going to introduce a bill this week to reduce the minimum amount of auto insurance each vehicle owner must carry in that state. The bill would lower the required levels of liability, underinsured, and uninsured motorist coverage.
Currently, the minimum level of liability insurance required is $50,000 for causing injury or death of one person, $100,000 for injury or death of two people, and $15,000 for property damage. The proposal would drop the levels to $25,000, $50,000 and $10,000.
The Republican bill is in response to a 2009 law passed by the legislature (then dominated by Democrats) that raised the minimum limits on auto insurance.