In Kentucky, you need $25,000 in bodily injury coverage per person ($50,000 per accident). Bodily injury liability insurance pays for other people’s injuries after a car accident that you cause, and it can also cover your legal fees if you are sued after a crash.
In addition to bodily injury liability insurance, drivers in Kentucky need to purchase $25,000 in property damage liability insurance. Property damage liability coverage pays for damage to others’ property after an accident caused by the policyholder.
Together, these Kentucky liability insurance requirements are often written as 25/50/25. Even though Kentucky only requires 25/50/25 in liability insurance, it’s a good idea to purchase more coverage if you can afford it. Buying higher coverage limits can protect you financially if you cause a serious accident.
Kentucky is a choice no-fault state, which means that consumers can opt-out of the no-fault system. Under the no-fault system, drivers get coverage for car accident injuries from their own insurer without the need to determine who caused the accident. If you opt-out, you reserve the right to sue the at-fault driver after an accident, but you can also be sued if you are found to be at fault. If you don't opt-out, you are required to carry personal injury protection. Kentucky also requires uninsured motorist protection, which replaces the liability coverage another driver should have had and pays for your costs up to the policy limits.… read full answer
Drivers in Kentucky are required to carry at least $25,000 in bodily injury liability insurance per person, up to $50,000 per accident, and $25,000 in property damage liability insurance. When an insured driver is responsible for an accident, liability insurance covers the other driver’s expenses.
On average, state minimum coverage costs $983 per year in Kentucky, but there are many factors that can affect how much you pay for a policy. Any coverage above and beyond what is required by Kentucky law is optional, but it’s usually worth the money to get some additional protection. The biggest reason is that state minimum coverage doesn’t protect your personal vehicle. For insurance to pay for damage to your car, you’ll need full coverage.
In Kentucky, full coverage refers to a policy that includes collision and comprehensive, plus higher coverage limits than what is required by state law. Full coverage car insurance costs about $1,988 per year in Kentucky. There may be cases when you don’t need full coverage insurance, but Kentucky drivers should buy as much coverage as they can afford as a general rule.
Most policies offer coverage for six months to one year at a time and can be paid in a variety of ways, including monthly payments. The best car insurance companies in Kentucky balance affordability with quality coverage and strong customer service. You can easily get a quote from top companies like State Farm, Geico, Nationwide, Erie Insurance, Alfa Insurance, and Farm Bureau Insurance online or over the phone, or use WalletHub’s comparison tools to find the best car insurance policy for your needs.
Car insurance in Kentucky costs $78 monthly ($931 per year) for minimum coverage, on average, and around $199 per month ($2,391 annually) for a full-coverage policy. The cheapest insurance companies in Kentucky are Geico, State Farm, and Cincinnati Insurance, but insurers calculate premiums differently, so it’s a good idea to get quotes from more companies to find the best deal.… read full answer
Average Cost of Car Insurance in Kentucky by Category
Clean driving record: $81 per month
After an at-fault accident: $123 per month
Driver with poor credit: $147 per month
Teen driver: $301 per month
After a DUI: $201 per month
The average cost of car insurance in Kentucky is 29% higher than the national average auto insurance premium, and Kentucky ranks 40 out of 50 for the most affordable car insurance rates in the U.S.. There are several factors that affect how much you’ll pay for car insurance in Kentucky, including your driving record, age, location, the amount of coverage that you purchase, and the insurance company you buy it from.
Finally, it’s worth noting that car insurance premiums in Kentucky are high, compared to the cost of coverage in neighboring states like Tennessee and Ohio. You can find more details in the table below.
Cost of Car Insurance in Kentucky vs. Neighboring States
No, uninsured motorist coverage is not required in Kentucky, as drivers can reject the coverage in writing. Still, insurance companies are required to offer at least $25,000 in uninsured motorist bodily injury coverage per person (up to $50,000 per accident).
Additionally, drivers have the option to purchase $25,000 in underinsured motorist bodily injury coverage per person (up to $50,000 per accident).… read full answer
For Kentucky drivers who do not opt out by rejecting the coverage in writing, uninsured/underinsured motorist coverage helps pay for a car accident in which the other driver doesn’t have car insurance, or doesn’t have enough coverage for the damage they caused.
Why You Should Get Uninsured Motorist Coverage in Kentucky
Normally, an at-fault driver’s insurance helps pay for any damage after an accident. However, if the other driver doesn’t have any – or enough – coverage, it can be time-consuming and difficult to sue them for funds to cover any medical or repair bills. That’s where this optional insurance coverage can help you save time and money.
Even though Kentucky does not require uninsured and underinsured motorist coverage, you should still consider buying it. In Kentucky, an average of 12% of drivers on the road don’t have car insurance. Car accidents in Kentucky can be very expensive, too.
Key Facts About Uninsured Motorist Coverage in Kentucky:
Minimum Uninsured Motorist Bodily Injury: $25,000 per person and up to $50,000 per accident
Minimum Underinsured Motorist Bodily Injury: $25,000 per person and up to $50,000 per accident
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