kentucky insurance

kentucky insurance

Kentucky Auto Insurance – Minimum Coverage Amounts and Tips to Reduce Premiums

Posted on October 24, 2018 in Uncategorized

Auto insurance is a legal requirement for motorists in every state in the US. But, on close examination, you will quickly see that mandatory minimum requirements vary from state to state, and the whole process can appear rather confusing. Drivers may also be confused as to how to obtain the very best deal on their auto insurance premiums. There are several universal factors to take into account regarding this, but first, let’s acquaint ourselves with the minimum legal coverage requirements for Kentucky.

The minimum levels are set by the government, and there is nothing you can do to alter this. In Kentucky, this means you must carry a minimum of $25,000 for single bodily injury, $50,000 for total bodily injury, including death-as well as $10,000 of coverage for property damage resulting from any accident you cause.

Motorists in Kentucky may also opt to take out something called ‘The Single Limit Plan. This plan provides coverage for liability up to $60,000.

Drivers should also consider whether making initial savings on cover are worth the long-term risks. For example, uninsured/underinsured coverage is not a legal requirement in Kentucky, it may well be worth considering some level of coverage. It ensures that you will receive support in case an accident exceeds your minimum liability coverage.

There are other practical steps you can take to ensure that you are not paying excessively for your premiums. The first point, especially for first-time buyers, is don’t accept the first quote you are given. There are many different insurance companies, and all of them evaluate applicants according to different criteria ratings. As a result, you will very likely get 6 different quotes from 6 different companies. So shop around and don’t settle until you are happy.

Also, another factor that is well within your control is to make sure that you maintain a clean driving record, as most insurance companies place significant weight on this. A good record over a long period will mark you out as a low risk, and you will therefore get a low rate. Make sure also that you pay your premium well before the due date, and also do the same with other bills, especially credit cards, as your credit history will also be a determining factor in the amount you will pay for a premium. Be sure to search online for all options available to you to find the lowest rates possible and ensure that you’re able to take advantage of these discounts and get the best deal for your money each month.

How to Compare Low Cost Automobile Insurance in Kentucky

Posted on October 17, 2018 in Uncategorized

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.

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What to Look for in a Full Coverage Automobile Insurance Quote in Kentucky

Posted on October 11, 2018 in Uncategorized

For most people their automobile is the second largest purchase they’ll make, next to their residence. For this reason you want to ensure that you protect this investment. Just as you purchase homeowner’s insurance to protect your dwelling, you should be buying automobile insurance to protect your car, truck or SUV. If you are looking for a full coverage automobile insurance quote in Kentucky there are a few things to keep in mind.

All drivers in this state must have minimum liability coverage. This is required by law and if you’re caught driving without it you’ll be facing stiff penalties. It doesn’t offer nearly enough coverage for someone with a late model vehicle though. They need to consider a policy that covers all perils.

Collision and comprehensive coverage are a vital part of any full coverage automobile insurance quote. In the state of Kentucky, most consumers who do opt for this coverage purchase it with a deductible of $500. If you are in a position to be able to cover a higher deductible should the situation arise, you’ll find that you’ll be rewarded with lower annual premiums. This is a great way to offset the cost of this coverage, while still having the protection.

If you aren’t a member of an auto club, you’ll want towing and rental car coverage as part of your full coverage automobile insurance quote. Towing expenses can be costly and without insurance you’ll be required to pay them out-of-pocket. The same is true of rental cars, which are often required after collisions when your vehicle is in the repair shop. Adding these two types of coverage onto your full coverage policy won’t impact the cost that much and you’ll be thankful you have them should you ever find yourself in a situation where you need them.

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