kentucky insurance

kentucky insurance

How to Save Money and Get Discount Automobile Insurance in Kentucky

Posted on June 2, 2018 in Uncategorized

As is the case in virtually every other state, motorists in Kentucky are legally required to have automobile insurance. The minimum required insurance amounts in Kentucky are $25,000 for bodily injury liability for each person in an accident, $50,000 for bodily injury for all people hurt in an accident, as well as $10,000 for property damaged in an accident. Although you can register a vehicle in the state with this minimum coverage, it typically isn’t enough to adequately protect you in the event a serious accident does occur.

If you are concerned that a more extensive automobile insurance policy would be too expensive, that’s not always the case. There are ways to save money and get discount automobile insurance in Kentucky. One of the easiest ways is to purchase it through the same company you’ve already bought other insurance policies from.

Many companies in Kentucky offer a wide range of products including car, life, health and homeowner’s insurance. If you already have a homeowner’s insurance policy in place, contact the agent you use for that and ask him or her for a quote on a policy. You may qualify for a discount of up to 15% on your premium and your homeowner’s insurance rates may drop too.

You can also save money on your insurance by taking a higher deductible. The deductible level is typically set low and the result is higher premiums. If you ask for a quote on a policy based on a deductible of $500 – $1,000 as opposed to the standard $250 level many companies routinely use, you’ll see a rate reduction in the premium. This is a great money saving approach for anyone with the resources to pay the deductible should they ever need to make a claim.

Affordable Individual Health Insurance Plans – What Are the Best Options?

Posted on May 27, 2018 in Uncategorized

Everyone is aware these days of the rising cost of healthcare. One night in the hospital could cost thousands of dollars and that is why it is foolish to try and go without reviewing some of the quality and affordable Kentucky Individual Health Insurance Plans now available. There are a wide variety of coverage plans available to meet just about any budget. Premiums can be kept down through high deductibles and coinsurance rates; this will give you some peace of mind and protect your family from a financial disaster.

The price of health insurance coverage in Kentucky is going to depend on the benefit options you choose. A very basic insurance plan with a high deductible and coinsurance rate can be very affordable. HumanaOne Monogram is one of the most affordable of all plans providing you with basic coverage without breaking your budget. To get the low cost premiums you will have to carry a deductible of $7500 for single coverage and $15,000 for a family plan. Once you reach your deductible, HumanaOne Monogram covers 100% of most in-network medical costs.

Anthem offers a similar low cost plan to help customers afford to carry health insurance in Kentucky. Anthem’s SmartSense plan offers affordable price options with essential benefits. The cost of the premium will depend on the deductible that you choose and the amount of coinsurance. Deductibles will range from $500 for individuals up to $10,000 and $1,000 for families up to $20,000. The plan includes a copayment for office visits of $35 with the deductible waived for the first three visits of the year. Coinsurance rates are either 30% or 50% if you stay within the provider network in Kentucky and jump to 50% or 70% if you go outside the network. This plan does include prescription drug coverage of either a $15 copayment or 40% coinsurance. The plan also includes benefits for other medical services like home health care, hospice care, mental health care and substance abuse.

Shopping for the best health insurance plan in Kentucky at the best possible price can be very confusing. Many people have found that it is helpful to work with an experienced independent insurance agent to evaluate all the different plans available in the state.


Kentucky Health Insurance Quote Online – Free Online Quotes

Posted on May 20, 2018 in Uncategorized

Are you searching for an affordable health insurance plan? There is one plan that can save you a lot of money on health insurance in Kentucky. This plan is an HSA Health Savings Account paired with an HDHP High Deductible Health Plan.

Kentucky Health Insurance Plans

There are a multitude of companies selling health insurance these days. These companies offer plans in all shapes and sizes from traditional, to HMO, PPO, and POS, to the new HSA tax-exempt health savings accounts.

What is an HSA health plan? An HSA is a special tax-exempt savings account that allows you to save money for future medical expenses and deductibles. You can use the money in your health savings account to pay for expenses related to healthcare including doctor visits, bandages, and prescriptions.

In order to qualify for an HSA, you must first purchase a high deductible health plan. High deductible health plans are now offered by most major insurance companies. So if you’re looking for a low premium, low out-of-pocket health insurance plan, an HSA paired with a high deductible health plan may well be the answer you’ve been looking for.

Kentucky Free Instant Health Insurance Quotes

One of the best ways to learn more about Kentucky health insurance is to go to an insurance quote website and request free 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.