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It depends upon your financial situation. In order to properly protect your assets, you should have liability coverage greater than the Wisconsin statutory minimum of $25,000.00.
You may want to purchase medical payments coverage if you either have no health insurance or limited health insurance. You should maximize the amount of uninsured motorist coverage (UM) and underinsured motorist coverage (UIM) available.
Uninsured motorist coverage protects you and your family if you happen to be injured by a driver that has no insurance. Wisconsin requires drivers to have automobile insurance. If you are insured, your policy must provide minimum UM coverage of $25,000.00. You should increase your UM limits as high as possible. It is the least expensive coverage you can buy. It provides financial protection for you and your loved ones in case of a severe injury caused by an uninsured driver.
Underinsured motorist coverage protects you and your family for injuries that may exceed the amount of the at fault drivers insurance. You should increase the UIM limits as high as possible also. It is also inexpensive to purchase this coverage. UIM will protect you or your family in the event of severe injury. The benefit of this insurance protection far exceeds its cost.
This page has been written, edited, and reviewed by a team of legal writers following our comprehensive editorial guidelines. This page was approved by attorney Jeffery A. Pitman, who has more than 28 years of legal experience and handled thousands of personal injury cases while obtaining millions of dollars in verdicts and settlements in Wisconsin, Illinois, Iowa and New Mexico.