Senator Mike Ellis says that for some people insurance costs are climbing by as much as 40%, pushing Wisconsin from one of the least expensive states for auto insurance into one of the most expensive states.
The decision to increase the minimum coverage comes as a result of Governor Doyle's proposition in February to increase the rates as he stated legal disputes involving more money than they should have been happening around both car injuries and deaths due to the fact that the minimum insurance levels for coverage regulated by the state have not been changed in nearly 30 years.
Because of this several legal proceedings have occurred in the state that have greatly affected many drivers who have not had adequate insurance in the past.
Many people are still wondering however if an increase that essentially doubles the minimum coverage requirement for all insurance is the best way to go at this time.
While this is causing a heated debate in in the Wisconsin legislature at this time the fact remains that the real people who need to consider how this change affects them already are the Wisconsin drivers.
With the new premium rates being issued by various insurance companies many drivers are seeking out new insurance providers in order to find the best possible provider and make the most from the current situation.
If you're one of these drivers consider searching online on sites such as insurance search engines in order to find better premium rates near you for your car insurance.
Given the current trend for insurance companies in the area to be charging substantially more than previous years research now will best help you avoid needless hassles and fees in the coming months as the bill fully takes effect.
Just be sure to verify all rates and offers completely to make sure they comply with the new regulations as set out in the new bill and that you will have adequate coverage if you are intending to sign a long-term agreement.
Though it is unlikely that the minimum costs will change again in the next few years it is still important to keep up-to-date on all the latest information by searching online or in local news media to make sure that you don't fall behind and get caught off guard or without proper or adequate protection.