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Month: June 2018

Affordable Health Insurance in Kentucky – Low Cost Plans Online

Posted on June 28, 2018 in Uncategorized

Low cost, high deductible insurance health plans are something you should learn more about before buying a new health insurance plan. At first, a high deductible insurance plan may seem a bit confusing. However, there are many benefits associated with this relatively new insurance plan.

Kentucky Low Premium Health Insurance Plans

Because of the rising popularity of (HSA) Health Savings Accounts, insurance companies have developed new insurance plans to work smoothly with an HSA. HSAs provide a tax-exempt way for you to save money for your health insurance plan deductible if and when you need it.

The new high deductible insurance plans have deductibles ranging from $1000 to $5000. After the deductible is met, the plan begins to pay 80 to 100% of medical costs. So, if you stay healthy for a number of years, this savings account could grow to well over the deductible amount of your insurance plan.

And, if you do need major medical attention, the most it will cost you is the amount of the deductible you have chosen. Because your monthly premium will be substantially lower than with other types of insurance, part of this savings can be automatically deposited into your HSA for future use, and the other part deposited into your pocket as savings.

Getting Health Insurance Quotes in Kentucky

One of the best ways to learn more about Kentucky health insurance is to go to an insurance quote website and request quotes. Immediately after you complete their short form, you’ll get several low cost HSA, HMO, PPO, and POS quotes while still online. After you have your quotes, you can compare plans and visit their websites for more detailed information.

How To Get The Best Rates on Automobile Insurance in Kentucky

Posted on June 21, 2018 in Uncategorized

In the state of Kentucky as long as your insurance company gives you 75 days notice, they don’t have to renew your existing automobile policy. If you find yourself in a situation like this, you’re going to want to start searching for a new insurance company at that time. One of the main concerns that most people have when it comes to auto insurance is how to find the best rates possible.

The first step to finding the best price on automobile insurance in Kentucky is to do your homework. It can be tempting to call up the insurance agent your friend or family member uses, but even if they received a great price, that may not be the case for you. It’s important to contact several companies that are licensed to sell this in Kentucky and ask each one for a quote based on the coverage you need. This will give you a detailed look at area prices and will allow you to do a price comparison before choosing a policy.

When you contact agents it’s also a good idea to ask them about any discounts the company they are representing offers. Most companies offer standard discounts including those for insuring more than one vehicle or safety discounts for items like air bags and anti-lock brakes. Each insurance company is unique though and the possible discounts that are available range from a senior’s discount to a reduction in premiums for someone who doesn’t do much driving each year.

You should also inquire about the deductible level when you are asking for a price quote for automobile insurance in Kentucky. If you drive a late model vehicle you’ll likely be looking at both collision and comprehensive coverage. These both have a deductible and if you request a higher than normal deductible, it will help lower your premiums, which saves you money.

How to Buy Auto Insurance: An Auto Accident Attorney’s Perspective

Posted on June 15, 2018 in Uncategorized

Most people decide what type of auto insurance to buy based upon the advice of the insurance agent. However, if the purpose of buying auto insurance is to protect yourself from financial devastation due to serious personal injury, then the advice of the Kentucky Auto Accident Attorney, a personal injury attorney since 1986, may be of interest to you. As an auto accident attorney for over 20 years, I have represented 100s of people injured and/or killed in auto accidents and I know what auto insurance coverages are important to them and their families.

Uninsured Motorist Coverage:
This coverage provides coverage for injuries caused by someone who does not have any insurance on their vehicle at the time of the accident. There are lots of people driving around without insurance on their vehicles and it should not surprise you that they cause a disproportionate number of auto accidents. Irresponsibility breeds irresponsibility.

Underinsured Motorist Coverage:
This insurance provides coverage for injuries caused by someone who has insurance but does not have enough to satisfy your claim. This coverage is one of the most used coverages by an auto accident lawyer on behalf of car accident victims and it is one you need in as large an amount as you can afford. The minimum liability coverage required in Kentucky is $25,000.00 and the majority of drivers carry the minimum. $25,000.00 is not enough money to pay even the smallest claims for personal injury. Underinsured Motorist Coverage (called “UIM”) allows me as your personal injury lawyer to make a claim against your own insurance company when the person causing the accident does not have enough insurance to satisfy your claim.
The good news about Underinsured Motorist Coverage is that it is relatively cheap. Insurance companies are forced by law to offer it. You need, at the very least, to have as much UIM as you have liability coverage. I find that many insurance agents fail to educate their client’s about this coverage and its affordability.

Added PIP/No-Fault Coverage
Kentucky law requires you to purchase $10,000.00 in Personal Injury Protection Benefits (also called basic reparation benefits and kentucky no-fault benefits). This coverage pays for medical expenses, lost wages and some other replacement costs. Although Kentucky requires you to buy $10,000.00 of this coverage, some agents forget to tell you that you have the option of buying more. You may want to consider buying more no-fault in increments of $10,000.00 because you may need the wage loss coverage and $10,000.00 can evaporate quickly. As an accident lawyer for many over the past several years, I have many clients who exhaust their $10,000.00 quickly with medical expenses and then struggle to pay bills because they do not have any wage replacement coverage. Additional no-fault coverage is particularly important recently because health insurance companies are paying less and less, which means you will be paying more of your medical bills out of your own pocket if you do not have added no-fault.

EXCESS COVERAGE
If you paid $800.00 for $500,000.00 in liability coverage on your two vehicles and I told you that you could increase that coverage to $1 Million for $150.00, would you do it? This coverage is called an excess policy. You can greatly increase your coverage for a relatively small premium. Further good news is that many excess policies include Underinsured Motorist and Uninsured Motorist coverages. You need to ask your agent to make sure these coverages are included.

Should we look for more ways to spend money on car insurance? Absolutely not! However, there are certain coverages that are worth our attention and I would suggest that you at least price them so that you can determine if you can afford them. Thousands of people are killed and seriously injured in auto accidents every year in the state of Kentucky. It would be irresponsible of anyone to think that they are exempt from a serious auto accident some time in their life. So, as a personal injury attorney, I am encouraging you to purchase the right insurance coverages.

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