Kentucky Car Insurance
Car Insurance Requirements for Kentucky
Are you thinking of purchasing, switching, or just curious about auto insurance for the State of Kentucky? Well here, you can read on the legal requirements and laws for acquiring car insurance as a resident of Kentucky.
Like most states, Kentucky requires all drivers to carry liability auto insurance at all times. Liability insurance protects the insured in the event that he or she is sued for claims. Furthermore, liability insurance provides the following duties:
- The duty to defend
- The duty to indemnify
- The duty to settle a reasonably clear claim (in some jurisdictions, not all)
Also, the minimum amount of liability insurance protects you against any losses in any accident where you are at fault.
Minimum Amount Requirements for Auto Insurance for Kentucky
- $25,000 for bodily injury for one person per accident
- $50,000 for bodily injury for more than one person per accident
- $10,000 for property damage
- $10,000 Personal Injury Protection
Although these are the minimum requirements that Kentucky laws mandate for every driver, it is still highly recommended that if possible, to increase the auto insurance amounts. Because the more protection you have, the better. Unexpected accidents occur all the time, and in the event that you are involved in one, victim or at fault, that you secure yourself financially.
As a driver in the State of Kentucky, you must always have Financial Responsibility. Documents showing your Financial Responsibility must be shown whenever any law enforcement officer requests you to prove it. Failure to show proof or documentation of Financial Responsibility could lead to the loss of your license plates, suspension of your driver’s license, fines ranging from $500-$1000 and possible jail time for up to 90 days.
Car Insurance Companies in Kentucky
- Allstate
- GEICO
- Progressive
- Travelers
- Esurance
- AAA
- Liberty Mutual
These auto insurance companies vary in coverage plans and discounts so doing a bit of research on each one will benefit you financially. You can utilize the tool below to help find insurance quotes. It’s simple and straightforward. By entering your zip code, and gathering the necessary numbers together, it will provide you with the right information that could lead to saving you over hundreds of dollars every month.
Kentucky follows a No-Fault Insurance System which means that regardless of who is at fault in a car accident, the personal injury insurance coverage will provide up to $10,000 of financial compensation when the injured person is affected. This pays for the medical expenses and fines that may accumulate from the incident.
Please note that for the State of Kentucky, you can get great deals when looking to acquire auto insurance for students. Researching companies and finding out what each offers, for the amount of coverage and pricing are the number one way to do so. This applies not only to students but to regular drivers as well. An easy way to figure that out is by acquiring insurance quotes from the tool above. By entering your zip code, you could see how many discounts that are applicable to you and how much money, in total, you could save on your premium rate.
Sources:
Safe Auto: Kentucky
Auto Insurance Laws: Kentucky
Wiki: Liability Insurance
