Kentucky Car Insurance: Easy Guide for Drivers inward KY
Like all other states, Kentucky besides has minimum auto insurance requirements. If yous are a licensed driver inward the position down of Kentucky, your insurance innovation must run across the minimum insurance requirements gear upward past times the position down insurance department. These include bodily injury together with belongings harm coverage.
The position down offers drivers the alternative to select betwixt a “split limit” together with “single limit” coverage.
In the divide boundary coverage, the minimum boundary for bodily injury liability is position downwardly every bit $25,000 per injured someone per accident together with $50,000 for all injured people inward an accident. The minimum boundary for belongings harm liability is $10,000. This basic insurance innovation is referred to every bit 25/50/10 coverage.
The Personal Injury Protection Coverage has a minimum boundary of $10,000.
The unmarried boundary coverage includes an total of $60,000 for all damages incurred inward an accident.
Kentucky has implemented a alternative of “no fault” policy. This agency that it is upward yous to select or refuse your correct to sue the someone responsible for the accident. When yous concur to allow your insurance companionship pay for all the damages inward an accident, yous accept to laissez passer upward your correct to sue the other driver. However, yous tin halt endure compensated for medical together with funeral expenses regardless of whose error the accident is. This policy helps inward lowering the rates of insurance premiums.
The position down of Kentucky has non made it mandatory for its drivers to buy uninsured together with underinsured coverage. The alternative of purchasing these coverage options is left to the drivers. The minimum limits for uninsured coverage is the same every bit normal. However, at that topographic point is no minimum boundary for an underinsured coverage.
You besides ask written proof of your coverage land going out for a drive inward the position down of Kentucky. It is advisable to adhere to the laws of the position down because violations of the laws attract strict penalties.
The average auto insurance premium charge per unit of measurement inward the position down of Kentucky is $1,937 for 2009 which is 17% higher than 2008.
Kentucky auto insurance is non cheap. Before yous settle downwardly for a item auto insurance company, yous ask to larn costless quotes using our degree below. Compare the insurance premium rates offered past times dissimilar companies. Choose the companionship that offers the close competitive rates land adhering to the requirements of position down law.
For to a greater extent than information regarding Kentucky insurance policies residents tin halt contact the Kentucky Office of Insurance inward Frankfort, KY at (800) 595-6053 or visiting their website at http://insurance.ky.gov .
The fiscal responsibleness laws tin halt endure easily satisfied if yous buy your auto insurance from a Kentucky Licensed Insurance Carrier.
