Car insurers in Wisconsin are allowed to use credit reports as a rating factor.
If a company denies coverage based on your credit, you have the right to request a free copy of the report they viewed to verify the information it contains. The insurer will give you the address and phone number of the credit agency where you can obtain the report.
Other factors that insurers often take into consideration when determining your car insurance rate include:
- Prior insurance history
- Year, make, and model of your car
- Age, gender, and marital status
- Driving record and claims history
- ZIP Code where your car is parked
- Coverages, limits, and deductibles you choose
Penalty for not having the required coverage
Failure to show proof after accidents or at traffic stops can result in a fine of $10. Driving a car that's altogether uninsured can lead to a fine up to $500.
Alternative car insurance option
Drivers who can't afford a typical car insurance policy can apply for coverage through the state-sponsored Wisconsin Automobile Insurance Plan. Visit the Wisconsin Automobile Insurance Plan site for more info.
State insurance authority: Wisconsin Office of the Commissioner of Insurance
Determining fault after car accidents
Wisconsin is a tort-based state that uses the comparative negligence system. This means that drivers can sue for post-accident damages if another motorist was more than 50 percent at-fault for the incident. The amount you can recover is partially based on your own percentage of fault.
Trends that can affect car insurance rates in Wisconsin
Wisconsin had about 10 driving fatalities per every 100,000 motorists in 2010, which was 13.5 percent lower than the national average.
According to a 2011 report from the Insurance Research Council (IRC), 15 percent of Wisconsin drivers were uninsured as of 2009, higher than the U.S. average of 13.8 percent.
Animals on the road
Wisconsin had the eighth highest frequency of deer-related car accidents in the nation according to an ABC News report in 2010.
Comprehensive coverage offers financial protection from animal-related accidents and more.