Wisconsin Personal Lines Insurance License Exam — All Questions

What minimum auto liability limits must a Wisconsin personal auto policy carry?

• a.$30,000 per person / $60,000 per accident bodily injury and $25,000 property damage
• b.$50,000 per person / $100,000 per accident bodily injury and $50,000 property damage
• c.$15,000 per person / $30,000 per accident bodily injury and $5,000 property damage
• d.$25,000 per person / $50,000 per accident bodily injury and $10,000 property damage✓

Wisconsin requires minimum auto liability limits of 25/50/10 — $25,000 bodily injury per person, $50,000 bodily injury per accident, and $10,000 property damage. These are minimums; producers should offer higher limits. Source: Wisconsin Office of the Commissioner of Insurance (https://oci.wi.gov).

Wisconsin requires uninsured motorist (UM) coverage on personal auto policies. At what minimum limits?

• a.At least $100,000 per person / $300,000 per accident
• b.At least $25,000 per person / $50,000 per accident for bodily injury✓
• c.A flat $5,000 regardless of the policy
• d.UM is not required in Wisconsin

Wisconsin mandates uninsured motorist bodily injury coverage of at least $25,000 per person and $50,000 per accident (25/50). This protects an insured injured by an at-fault driver who has no liability insurance. Underinsured motorist and medical payments coverages must generally be offered as well. Source: Wisconsin Office of the Commissioner of Insurance (https://oci.wi.gov).

How does Wisconsin treat fault after a covered auto accident?

• a.It bars all lawsuits arising from auto accidents
• b.It is a tort ('at-fault') state — the at-fault driver and insurer are responsible for the other party's damages✓
• c.It is a pure no-fault state where each insurer pays its own insured
• d.It requires a full-tort/limited-tort election like Pennsylvania

Wisconsin is a traditional tort (at-fault) state. The driver who causes the crash — and that driver's liability insurer — is responsible for the injuries and property damage suffered by the other party. Wisconsin is not a no-fault state and does not use a tort-option election. Source: Wisconsin Office of the Commissioner of Insurance (https://oci.wi.gov).

How are cancellation and nonrenewal of a personal auto or homeowners policy regulated in Wisconsin?

• a.There are no notice rules; cancellation is governed solely by the contract
• b.An insurer may cancel any personal policy at any time for any reason with no notice
• c.Only the policyholder may ever cancel; insurers can never cancel mid-term
• d.State law limits the reasons an insurer may cancel or nonrenew and requires advance written notice to the insured; confirm the exact notice period with the Office of the Commissioner of Insurance✓

Wisconsin restricts mid-term cancellation of personal auto and homeowners policies to specified reasons (such as nonpayment or material misrepresentation) and requires advance written notice of cancellation or nonrenewal. The exact number of days varies by reason and line — verify current Wisconsin notice periods with the Office of the Commissioner of Insurance.

Besides liability and uninsured motorist coverage, which coverage must a Wisconsin insurer at least offer on a personal auto policy?

• a.Medical payments coverage (and underinsured motorist coverage), which the insured may accept or decline✓
• b.Workers' compensation for passengers
• c.Life insurance on the primary driver
• d.Flood coverage for the vehicle

Wisconsin requires insurers to make medical payments coverage and underinsured motorist (UIM) coverage available on personal auto policies; the insured may accept or reject these optional coverages. Only liability and uninsured motorist bodily injury coverage are compulsory. Confirm current requirements with the Wisconsin Office of the Commissioner of Insurance (https://oci.wi.gov).