In Kentucky if you give someone permission to drive your vehicle, your insurance company is required to cover the damage should a collision occur. Although this is likely to give motorists in the state some peace of mind knowing that their car is protected when it’s being driven by a friend or relative, you should still be wary about lending it out. If the person you entrusted your vehicle to is involved in a serious accident you may suffer the consequences by seeing your premiums rise.
If there are other drivers in the home who borrow your car from time to time, it’s a good idea to put them on the policy too. In order to do that you need to provide any prospective insurance company in Kentucky with the additional driver’s name and driving history. You may think that adding someone on to your policy will cost more, but it’s usually a much better alternative than having each person in the household seek out their own coverage.
When it does come time to compare low cost automobile insurance in Kentucky, be sure to provide as detailed information as you can about the drivers who will be covered under the policy as well as the vehicles. Trying to hide a few speeding citations or collisions, doesn’t work. The insurance companies you approach will uncover this information and it will adversely affect your chances of having them underwrite a policy for you. This is true even if you decide to move from one state to another in an attempt to escape your sordid driving history.
Consider having a car security system installed in all your vehicles. Insurance companies pay out a large sum of money each year to cover automobile thefts. If you help discourage would be car thieves by using a car alarm, your insurance company will offer you a reduction off your premium. This alone will help bring the cost down.