is it true that you dont have to have auto insurance in wisconsin?

Question

so, it`s not illegal if you dont have any kind of car insurance?

Answer 1

There is no auto insurance law per se, but there is a financial responsibility law that says you either meet the requirements by having insurance or post a cash bond to cover any damage you cause--in other words, you are self insured. If you have enough cash on hand, forget insurance and do the bond.

Wisconsin Liability Coverage limits explanation:

25/50/10 25=$25,000 - 50=$50,000 - 10=$10,000
First number = bodily injury liability maximum for one person injured in an
accident.
Second number = bodily injury liability maximum for all injuries in one
accident.
Third number = property damage liability maximum for one accident.

So, $85,000 should cover it.

Answer 2

Do you have $50,000 in the bank to cover someone else's injuries and damage to their vehicle?

I find it hard to believe that ANY state would not require you to have at least liability insurance on your vehicle. All I can say is you'd better not ever be at fault in a collision.

Answer 3

No, it is not true. I have included a link that tells what you need to have to drive in Wisconsin.

http://www.dot.wisconsin.gov/drivers/drivers/apply/doc/proof-of-ins.htm