Anamarie Waite, Car Insurance Writer
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.
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 $1,692 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 $4,834 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.
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