Wisconsin Property & Casualty Insurance License Exam — All Questions
3 questions
What are Wisconsin's minimum auto liability limits for a private passenger vehicle?
- a.$20,000 / $40,000 / $10,000
- b.$25,000 / $50,000 / $10,000✓
- c.$25,000 / $50,000 / $25,000
- d.$50,000 / $100,000 / $25,000
Wisconsin's minimum liability limits are 25/50/10: $25,000 bodily injury per person, $50,000 per accident, and $10,000 property damage, verified this session via a state auto-insurance requirements source. These are minimums that can change by law, so confirm current figures with the Office of the Commissioner of Insurance.
Which coverage is mandatory on a Wisconsin personal auto policy in addition to liability?
- a.Collision coverage
- b.Personal injury protection (PIP)
- c.Uninsured motorist (UM) bodily injury coverage at minimum limits of $25,000 per person / $50,000 per accident✓
- d.Gap coverage
In addition to liability, Wisconsin requires uninsured motorist (UM) bodily injury coverage at minimum limits of $25,000 per person and $50,000 per accident, verified this session via a state auto-insurance requirements source. Confirm the current rule with the Office of the Commissioner of Insurance.
How is Wisconsin's auto system best characterized with respect to the right to sue?
- a.A traditional at-fault (tort) state where the insured can seek damages from the at-fault driver✓
- b.A pure no-fault state that bars most auto injury lawsuits
- c.A state-run fund that pays all injury claims regardless of fault
- d.A state with no financial-responsibility requirement
Wisconsin is an at-fault (tort) state, not a no-fault state: the insured can seek damages from the at-fault driver, and the injured person keeps the full right to sue. Confirm the current framework with the Office of the Commissioner of Insurance.