Auto Insurance Kentucky
Kentucky is a southern state with a down home country atmosphere, great people, and tons of things to see and do. The varied landscape of this state makes it a great drive and CheapestAutoQuote.info wants to help Kentucky drivers find the right car insurance it meet their needs.
Kentucky is called the Bluegrass State for his fields of blue-colored grass and bluegrass music. There is more to the state of Kentucky than just grass – it contains the longest cave system in the country at Mammoth Cave National Park. It is home to the most popular horse racing event in America, the Kentucky Derby. Kentucky is a southern state with plenty of forests but also has more easy to navigate streams and waterways than anywhere else in the country. The hunting is prime in Kentucky with bountiful turkey, deer and even elk.
Kentucky Cost Averages Per Driver
Current average car insurance premium in Kentucky $1,769.41
Current average car insurance premium U.S. $1,446.49
Average premiums in Kentucky cities
Lexington $1,595.24
Louisville $1,969.22
Uninsured or underinsured Motorist in Kentucky
The concept behind uninsured or underinsured motorist coverage is that it provides protection to insured drivers are victims of an automobile accident. Even though Kentucky requires drivers to have car insurance to operate a motor vehicle, plenty of drivers do so without the mandated insurance. UI and UIM coverage jumps in at this point to protect the insured driver for damage costs in the event that the uninsured motorist is unable to pay.
How much UM & UIM Coverage should you get in Kentucky?
Kentucky has no laws regarding carrying uninsured or underinsured motorist coverage. However, the state does recommend that drivers purchase the additional coverage to add on to their auto insurance policy. This may be because 16% of the drivers in the state of Kentucky are operating vehicles without the required insurance.
Determining at Fault for a KY Auto Accident
Kentucky is a rare state in terms of auto insurance coverage because it gives drivers the right to choose between no fault insurance or at fault insurance. Currently, all of the state is a no fault state which means each individual driver is responsible for covering their own damages and drivers give up much of their right to sue for damages under a no fault system. However, drivers can chose to purchase the at fault insurance, giving them more rights to sue but all making them responsible for all damages they may cause in an accident. Due to the Choice No Fault system in Kentucky, drivers also have the option of purchasing Personal Injury Protection coverage with a $10,00 limit.
Kentucky Coverage Requirements
Bodily Injury Liability: $25,000/$50,000 Limit
Property Damage Liability: $10,000 Limit
Helpful Kentucky Resources
http://www.dmv.org/ky-Kentucky/car-insurance.php
insurance.ky.gov
