Kentucky Auto Insurance

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Kentucky Auto Insurance Requirements

Maybe you’ve heard that when it comes to auto insurance, Kentucky is a “No Fault” state. That’s true and it’s one of only a few other states with No-Fault laws. But Kentucky is a bit different than most other No Fault states in that it gives drivers a choice. In a choice state such as Kentucky, the driver has the option of choosing a policy based on a No Fault system or one that’s based on the traditional Tort system.

No Fault and a Tort system

One big difference between a No Fault and a Tort system is the ability to sue. No Fault means that when in an accident, your insurer pays your bodily injury expenses and it doesn’t care which party is at fault. There aren’t any lengthy lawsuits to determine fault (in all but the most serious accidents) so claims are paid more quickly.

PIP or Personal Injury Protection

Kentucky residents choosing the No Fault system need to have PIP or Personal Injury Protection which covers the individual’s bodily injury expenses. The minimum limit is $10,000 and covers medical bills, lost wages, and funeral costs, up to chosen limits.

Kentucky insurance law

Kentucky law also requires registered vehicles to carry auto liability insurance, with minimum liability limits of at least 25/50/10, or $25,000 bodily injury for a single person and $50,000 towards combined expenses when more than one person is involved in the accident, plus $10,000 to cover property damaged in the accident.

State mandated minimums

While it’s true that choosing only the state mandated minimums keeps your auto insurance premiums low, that coverage may not be enough to cover all expenses. In that case, you’ll have to pay out of pocket for the balance. Any other auto insurance coverage a driver chooses is entirely optional.

Kentucky Comprehensive and Collision

Optional Comprehensive and Collision coverage, for example, pays the repair or replacement cost (after you pay the deductible) when your vehicle is damaged in a collision for which you’re at fault, or for reason that are beyond your control such as natural disasters, animal encounters, theft and vandalism.
Optional Uninsured/Underinsured Motorist insurance will pay the bodily injury expenses incurred by you and eligible family members when an accident is caused by a hit and run driver or uninsured driver. It also may pay the balance of your bodily injury expenses when the at-fault driver’s coverage is insufficient to cover all your bills.

Kentucky Office of Insurance

You can learn more about Kentucky’s choice auto insurance laws by calling 800-595-6053 or by visiting the Kentucky Office of Insurance website at www.doi.state.ky.us/.

 

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