Kentucky Auto Insurance, Low Cost Car Insurance in Kentucky
The basic Car Insurance Requirements in Kentucky are as follows:
Liability Insurance is a minimum requirement and a low cost car insurance option as long as the vehicle is not financed.
The liability Minimums are 25/50/10 (Bodily Injury and Property Damage)
The first 25 represents $25,000, the maximum coverage for one person’s injuries, $50,000 for the total coverage for all injuries sustained in one incident and last but not least $10,000 for the property damage maximum coverage amount.
Kentucky Car Insurance Laws:
Insurance proof is a requirement at registration and of course after an accident. The First Offense penalty is $500 – $1000 fine and/or up to 3 months in jail.
To better protect yourself yet keep your Kentucky auto insurance coverage affordable, first consider lifting your liability limits up a notch, at least the property damage portion of it. Ten thousand dollars does not go to far when it comes to replacing the value of someones vehicle. Also consider raising your deductible up some to keep your premium affordable. Make sure not to lift your deductible up to the point where you can no longer afford it.
Deductible and Liability Further Explained
The deductible is the amount you must pay before the Insurer will pay out any claims. The higher the deductible, the lower your premium will be. Liability coverage will pay for damages and injuries to the passengers in the other vehicle you hit only.