kentucky insurance

kentucky insurance

How to Save Money and Get Discount Car Insurance in Kentucky

Posted on July 24, 2018 in Uncategorized

Some individuals in Kentucky have taken to selling fake insurance cards to unsuspecting consumers. These consumers are then unwittingly unprotected in the event that they are involved in a collision or their car gets stolen. The best way to ensure that the insurance company and agent you are considering purchasing a policy from is legitimate is to contact the Consumer Protection Division of the Kentucky Office of Insurance. They will be able to tell you whether the agent and company are licensed to sell car insurance in the state.

Before you are ready to actually purchase a policy you need to research all of the available alternatives. This is really the best approach if you want to save money and get discount car insurance in Kentucky. It’s suggested that you ask for quotes from at minimum three different Kentucky car insurance companies.

When inquiring about quotes also ask about any available discounts. Most car insurance companies offer standard discounts that include those for having a car alarm installed, a discount for parking your car in a locked garage, and also a low mileage discount. The latter applies to individuals who drive their car only periodically or just a short distance each day. Each insurance company in Kentucky will have a maximum number of miles you are allowed to drive per year in order for you to qualify for this particular premium reducing discount.

Your driving history and the driving histories of the people you want insured with you on the policy is also relevant. If you’ve been cited for speeding infractions in the past or if you’ve been at fault in more than one accident in recent years, you are likely to be penalized with a higher premium. For this reason always be aware of your speed and keep your eyes on the road at all times. The better a driver you are, the lower your insurance costs.

Payroll Kentucky, Unique Aspects of Kentucky Payroll Law and Practice

Posted on July 18, 2018 in Uncategorized

The Kentucky State Agency that oversees the collection and reporting of State income taxes deducted from payroll checks is:

Revenue Cabinet

200 Fair Oaks Lane

Frankfort, KY 40601-1134

(502) 564-7287

Kentucky requires you to use the Federal “K-4 Employee Withholding Exemption Certificate” form to calculate state income tax withholding.

Not all states allow salary reductions made under Section 125 cafeteria plans or 401(k) to be treated in the same manner as the IRS code allows. In Kentucky cafeteria plans are not taxable for income tax calculation; taxable for unemployment insurance purposes. 401(k) plan deferrals are not taxable for income taxes; taxable for unemployment purposes.

In Kentucky supplemental wages are required to be aggregated for the state income tax withholding calculation.

You must file your Kentucky state W-2s by magnetic media if you are have at least 250 employees and are required to file your federal W-2s by magnetic media.

The Kentucky State Unemployment Insurance Agency is:

Department for Employment Services

275 E. Main St., 2nd Fl. E.

Frankfort, KY 40621

(502) 564-2900

The State of Kentucky taxable wage base for unemployment purposes is wages up to $8000.00.

Kentucky requires Magnetic media reporting of quarterly wage reporting if the employer has at least 250 employees that they are reporting that quarter.

Unemployment records must be retained in Kentucky for a minimum period of six years. This information generally includes: name; social security number; dates of hire, rehire and termination; wages by period; payroll pay periods and pay dates; date and circumstances of termination.

The Kentucky State Agency charged with enforcing the state wage and hour laws is:

Labor Cabinet

Division of Employment Standards,

Apprenticeship and Training

1047 U.S. 127 South, Ste. 4

Frankfort, KY 40601-4381

(502) 564-3070

The minimum wage in Kentucky is $5.15 per hour.

The general provision in Kentucky concerning paying overtime in a non-FLSA covered employer is one and one half times regular rate after 40-hour week.

Kentucky State new hire reporting requirements are that every employer must report every new hire and rehire and job refusals. The employer must report the federally required elements of:

  • Employee’s name
  • Employee’s address
  • Employee’s social security number
  • Employer’s name
  • Employers address
  • Employer’s Federal Employer Identification Number (EIN)

This information must be reported within 20 days of the hiring or rehiring.
The information can be sent as a W4 or equivalent by mail, fax or electronically.
There is a $250.00 penalty for 3rd and later offenses for a late report in Kentucky.

The Kentucky new hire-reporting agency can be reached at 800-817-2262 or 804-771-9602 or on the web at

Kentucky does not allow compulsory direct deposit

Kentucky requires the following information on an employee’s pay stub:

  • Gross and Net Earnings
  • purpose of deductions
  • Kentucky requires that employee be paid no less often than semimonthly, less frequently for FLSA-exempt employees. Kentucky requires that the lag time between the end of the pay period and the payment of wages to the employee not exceed eighteen days. Kentucky payroll law requires that involuntarily terminated employees must be paid their final pay with in later of next regular payday or 14 days and that voluntarily terminated employees must be paid their final pay later of next regular payday or 14 days. Deceased employee’s wages must be paid when normally due to the surviving spouse or custodian of minor children if there is no will and estate is not over $15,000. Escheat laws in Kentucky require that unclaimed wages be paid over to the state after seven years. The employer is further required in Kentucky to keep a record of the wages abandoned and turned over to the state for a period of 5 years. Kentucky payroll law mandates no more than $3.02 may be used as a tip credit. In Kentucky the payroll laws covering mandatory rest or meal breaks are that employees must have a reasonable meal period within 3-5 hours after shift starts; 10-minute rest each 4 hours; minors: 30-minute meal period after 5 hours. Kentucky statute requires that wage and hour records be kept for a period of not less than one year. These records will normally consist of at least the information required under FLSA. The Kentucky agency charged with enforcing Child Support Orders and laws is: Child Support Enforcement Commission Office of the Attorney General 700 Capitol Ave., Ste. 118 Frankfort, KY 40601 (800) 248-1163 Kentucky has the following provisions for child support deductions:

    • When to start Withholding? Order specifies date to begin.
    • When to send Payment? Date noted in order.
    • When to send Termination Notice? “Promptly.”
    • Maximum Administrative Fee? $1 per payment.
    • Withholding Limits? 50% of disposable earnings.

    Please note that this article is not updated for changes that can and will happen from time to time.


Kentucky Workers Comp: An Overview of Things You Should Know

Posted on July 12, 2018 in Uncategorized

Worker’s compensation was designed to provide medical benefits and wage replacement for those injured while employed. It is also designed to protect workers from diseases developed or contracted due to workplace exposure.

Every employer is responsible for providing worker’s compensation insurance, or to become self-insured. Certain employees, however, are exempt from this coverage, including: agricultural employees/employers, domestic workers, some religious organizations, and those who voluntarily reject the coverage.

While every employer is responsible for providing coverage, there are certain limitations and rights specific to each state.

Worker’s Comp Coverage in Kentucky

In Kentucky, worker’s compensation is understood as the “exclusive remedy,” which means that the protection received for any sustained injuries forces employees to surrender their right to sue. Employers cannot be penalized by employees in a civil court case. Benefits received can include:

  • Partial wage replacement
  • Medical treatment coverage, and
  • Payment for restoring an injured worker to sufficient employment.

In the case of a death-related injury, employers pay a lump sum towards the employee’s estate allowing burial expenses to be paid. This payment amount changes annually, however income benefits are given to the spouse, as well as other surviving dependents.

Because Worker’s Compensation can be a disagreeable subject, many disputes are resolved during a compromise settlement involving both parties. If a solution is not determined, parties will have to litigate the claim through a process beginning with an application of claim adjustment, filed under the Department of Worker’s Claims. Once this paperwork is complete, an Administrative Law Judge (ALJ), is assigned to the case to facilitate a benefit review conference.

During the benefit review conference, both parties have the opportunity to discuss the positives and negatives of the case, while working towards a settlement. If the claim does not reach a settlement, a formal hearing will be scheduled within 30 days by the Administrative Law Judge.

After the hearing, a decision must be released within 60 days, either awarding or denying medical benefits or income assistance. The solution may include rehabilitation benefits, if necessary. Through this process, the outcome is determined with the help of witnesses and medical professionals.

As a result, the Administrative Law Judge (ALJ) is unable to require the employer to pay for income benefits in a lump sum. If any party disagrees with the decision, he or she may file an appeal. This goes through the ALJ once again, and if it is appealed further, it may go to the Kentucky Court of Appeals, and finally to the Supreme Court.

In Kentucky, worker’s compensation insurance coverage is issued to every employee in order to remain on the job, and to assist with any work-related medical expenses. For business owners interested in purchasing workers comp insurance, certain agents specialize in offering this product.

Similarly, if you are in need of legal assistance in this area, certain attorneys concentrate on workers compensation litigation. When it comes to workers comp, it is important to understand your rights and responsibilities. Keep in mind that these vary considerably, state by state.