Dear Racine Post Community,
Today in the mail we received notice from our insurance company that the Wisconsin State Legislature, as part of the new budget, passed a new law stating medical coverage for auto insurance policies must be a minimum of $10,000. If policy holders do not currently have that amount, they must either increase their coverage or waive it altogether.
Agreeing to the increased coverage results in higher premiums, of course. With so many people out of work and stretching every dollar to the breaking point, why would our representatives sell us out like this? Every fee increase, from medical costs to auto insurance to the price of gas, puts more stress on families barely making it. This seems a most inopportune time to pass this kind of law without a consumer protection in place that keeps insurance companies from increasing premiums to go with the new minimum dollar requirement.
Of course, policy holders are welcome to waive the medical coverage portion of their policy, but is that a risk we really want or need to take?
Wisconsin state representatives should be ashamed.