Kentucky is one of America’s smaller states however the Kentucky car insurance industry is still very competitive with well over 40 companies licensed to provide car insurance policies to Kentucky vehicle owners.
Companies such as Allstate, GEICO and Progressive all have a presence in Kentucky along with other national brands and some localized insurance providers.
Whenever searching for Kentucky car insurance make sure to compare the types of coverage, policy limits, company reputation and premium cost before choosing a car insurance provider.
Need Kentucky Car Insurance – Where to Start?
Most Kentucky drivers start a car insurance comparison search online since it helps alleviate the stress of dealing with insurance agents face to face and provides instant access to a wealth of information you may never read by simply calling an 800 number or visiting a single agent.
Need car insurance quotes in Kentucky? Click here to get a list of Kentucky car insurance companies
Kentucky Car Insurance Requirements
Kentucky car insurance laws mandate all vehicles to have both liability car insurance and personal injury protection. While Kentucky is not strictly a no-fault car insurance state it does provide drivers a choice to choose between traditional coverage and no fault car insurance coverage. Kentucky and Pennsylvania are the only 2 states which allow this.
The minimum car insurance requirements in Kentucky are:
- $25,000 liability / bodily injury coverage per person per accident
- $50,000 liability / bodily injury coverage per accident for all persons
- $10,000 property damage insurance
- Personal Injury Protection (PIP) of $10,000
Even with an option to have no fault car insurance coverage Kentucky state minimum car insurance requirements are very low considering the cost of goods and medical expenses today. Even a minor accident can cost much more than $10,000 in property damage and if any injured persons have more than a day or two in a hospital, costs can quickly exceed $20,000 or more. For this reason many Kentucky drivers choose to obtain extended coverage with policy limits well exceeding $100,000 in many of these areas. Additional coverage or increased policy limits can easily be obtained through all car insurance companies for a nominal increase to premiums.
Kentucky Car Insurance Rates
On a national scale Kentucky drivers generally pay around 10% higher than national average car insurance rates but still have access to all the car insurance discounts available in Los Angeles or New York so learn about the auto insurance discounts available to help reduce Kentucky car insurance premiums. Rates vary from state to the state – Using a 40 year old male driver for example (with basic assumptions) the National Average car insurance premium is around $1,400 annually. Every driver really needs to shop around since even these national averages can fail to represent your unique profile. What if you only drive 5,000 miles per year and the studies compare people who drive 20,000? It’s almost impossible to get an exact number for average car insurance rates to fit every driver so shop around and always compare car insurance companies.
Ready to start car insurance comparison for Kentucky car insurance – click here to get FREE car insurance quotes online.
