Wisconsin is a unique state in terms of mandatory auto insurance laws. Residents and registered vehicle owners must comply with the states financial responsibility laws. While there are stipulations that allow drivers to drive without auto insurance, one of the requirements must be met to satisfy the state mandated laws. Drivers have the option of either purchasing liability auto insurance or posting a $60,000 cash deposit with the Department of Transportation. While some have $60,000 lying around, most do not prefer to place a deposit and would rather invest in auto insurance. Wisconsin requires drivers to carry no less than $25,000 per person for injuries and $50,000 for death in terms of liability coverage. Drivers will also need to provide proof of $10,000 of property damage coverage. If you fail to have a deposit posted or auto insurance continuously, you could face license suspension, registration suspension, fines, and time in jail.
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