Kentucky Car Insurance – Auto Insurance Quotes in KY
Kentucky’s coal mining and horse breeding industries, together with other strong commercial and industrial fields keep the state’s interstates, parkways and highways busy year around in all weather conditions. Additionally, in 2007, Kentucky raised the speed limit on rural portions of Kentucky Interstates to 70 miles per hour. As a result, residents should really be concerned about not only meeting the state’s minimum car insurance requirements, but getting the best, affordable coverage they can afford.
Luckily, MyCarInsuranceRates.com offers consumers the ability to research car insurance policies and compare free car insurance quotes online, helping policyholders find cheaper policies with better coverage.
Kentucky Car Insurance Requirements
Kentucky is a no-fault choice state which means that in the event of an accident, a driver may decide to have their own insurance company reimburse them. However, by doing this, the driver will lose their right to sue or litigate against the other driver. Having said this, drivers can also choose to follow the traditional tort system found in most states, wherein someone will be found at fault. In this circumstance, the driver has the right to sue or pursue the other driver or their auto insurance company for damages caused during the accident.
Understanding Kentucky Car Insurance Liabilities & Coverage
Kentucky state law requires minimum bodily injury liability limits of 25/50/10, or $25,000 per injured person and $50,000 total per accident; in addition to property damage liability with a minimum limit of $10,000 coverage. Drivers may also get uninsured and/or underinsured motorist bodily injury coverage for medical expenses caused by an uninsured and/or underinsured driver.
While Kentucky does not require drivers to purchase this coverage, it is a valuable policy option that drivers should consider seriously. MyCarInsuranceRates.com can help drivers to understand the state insurance requirements and assist them in finding the cheapest auto insurance available.
Kentucky Insurance Coverage
- Bodily Injury Liability: $25,000/$50,000 Limit
- Property Damage Liability: $10,000 Limit
- Personal Injury Protection (PIP): $10,000 Limit
Here at MyCarInsuranceRates.com it is possible to save, on average, $300 on auto insurance. Most of our users choose to use these savings to buy additional coverage protection.
Kentucky Car Insurance Laws & Regulations
Drivers failing to follow Kentucky’s state insurance requirements will face suspension of their license and vehicle registration if stopped by a police officer. A citation will also bring a fine from $500 to $1,000 for driving uninsured, and may include a sentence of up to three months in jail.
To enforce these insurance requirements, Kentucky mandates that insurance companies electronically submit active insurance policies monthly to a county clerk. The state will contact the newly uninsured person asking for information on a new policy if their policy has been cancelled. If the state suspends a driver’s license, anyone caught still driving will face severe fines and impoundment of their vehicle.
Average Kentucky Car Insurance Rates
Kentucky drivers paid an average of $1,678 in 2010 for their insurance premiums while the national average paid was $1,538. With that in mind, some drivers think the rates are the same with any auto insurance company, so they do not shop around for cheaper car insurance rates. However, insurance companies all calculate their rates or risk profiles differently so every driver’s insurance quote will differ from company to company. Drivers have to shop around with the best car insurance companies to make sure they are saving money.
This is why MyCarInsuranceRates.com helps drivers in Kentucky get the most competitive rates and discounted prices available by encouraging top insurance companies, such as Nationwide, Allstate, GEICO, Progressive, 21st Century Insurance, Liberty Mutual, State Farm, Farmers Insurance, AAA and AARP, to compete for their business via car insurance quotes.
Kentucky Car Insurance Quotes
Within Kentucky, car insurance rates have changed over the past years. When drivers compare the current average car insurance rates, they find the average auto insurance premium in Kentucky is 13% lower in 2010 than in 2009. Drivers who have not gotten a quote recently, or have not seen a decrease in their rate could be paying far too much for their car insurance.
That makes this the perfect time to shop for new cheaper rates on your car insurance, so request your free car insurance quote online right now. Enter your zip code to begin a free car insurance rate quote and you could save hundreds of dollars on Kentucky car insurance instantly.
