Auto insurance also know as vehicle insurance GAP insurance or motor vehicle insurance is an insurance policy purchased to protect an individual’s vehicle investment and against liability they may incur while operating their vehicle. This insurance is typically purchased for cars, trucks, motorcycles, motor homes, ATV’s and other vehicles used on the road. As in most parts of the world Auto Insurance is primarily used to provide monetary protection against physical damage to ones vehicle or protection against bodily injury resulting from a traffic accident. Also it is to protect against any liability you may have due to an accident you cause or are involved in. The specific terms of vehicle insurance vary with legal regulations in each state. In Wisconsin there are several laws regulating auto insurance. In Wisconsin there minimum liability requirements for vehicles owners. They are divided into 2 categories and they are; compulsory and non compulsory. Our State Requires a 25/50/10 minimum liability.
What does this mean? The first number 25 is the bodily injury limit per individual, the second number 50 is bodily injury limit total and the third and final number 10 is property damage. Each number represents 1,000, thus 25 is $25,000, 50 is $50,000, and 10 is $10,000. For more information contact a qualified Fond du lac Insurance Agent.
Why would you as a resident of Fond du Lac want auto insurance? First it is the law and second it protects you the policyholder against financial loss when you get into an incident involving a vehicle you may own. Or in a worse case scenario you can purchase insurance to protect yourself against uninsured individuals.
Basic coverage you should consider when purchasing insurance in Fond du Lac typically includes:
- Property coverage, for damage to or theft of the car;
- Liability coverage, for the legal responsibility to others for bodily injury or property damage;
- Medical coverage, for the cost of treating injuries, rehabilitation and sometimes lost wages and funeral expenses.
- Uninsured motor vehicle insurance
For more questions about auto insurance in Fond du Lac Wisconsin please contact a qualified insurance agent in the area. You may also want to view our guide to see a list of Insurance agencies in Fond du Lac Wisconsin who sell Auto Insurance. Again we recommend visiting an agency or agent who represents multiple insurance companies not a singular company. These individuals will save you time and money by putting your information in front of several insurance companies at once and informing you of the best results. Thus saving you time and money when purchasing your insurance! Good Luck.