In the state, having car insurance is mandatory, and the Kentucky Transportation Cabinet is working to reduce the numbers of drivers in the state who don’t have insurance. In order to meet the requirements, it’s necessary to have bodily injury liability insurance and property damage liability insurance. The bodily injury coverage will pay for any injuries or deaths due to an accident you cause. Property damage will cover damage you cause to someone else’s property. The state requires a total of $50,000 for bodily injury per accident and $25,000 for property damage. For residents new to the state, they must have these minimums on their car within 15 days of establishing residency.
The state also requires that insurance policies include Personal Injury Protection coverage. This type of insurance can cover up to $10,000 per person for injury-related expenses, and it doesn’t matter who causes the accident. There is also the option for higher benefits. With this type of coverage, you accept limits on your right to sue or be sued. If someone has been injured in an accident, they can’t sue to recover certain benefits from an at-fault party, including loss of wages, pain and suffering, and medical expenses. There is the option to reject the limitation on the right to be sued and an agent at Best Insurance Services can help explain your rights.
Supplementing your minimum car insurance requirements with other options can help give you more protection. Collision coverage will help pay for damages to your vehicle that occur after an accident. Comprehensive coverage will help cover damages to your vehicle from another event, such as vandalism, theft, or fire. These insurance types could be required if you have a loan or lease on the vehicle. Underinsured motorist coverage and uninsured motorist coverage help with injuries for you or your passengers when you get into an accident with someone who doesn’t have insurance or not enough.
Contact Best Insurance Services to get a quote on auto insurance.