Reader’s Question:

Are there any minimum amounts of auto insurance I should be carrying here in Kentucky? I really don’t have any idea since I just moved from out of state.

Ruby

Louisville, KY

Good question. The state of Kentucky requires each and every one of its drivers to carry at least a certain minimum amount of liability coverage while driving. This is usually in the form of auto insurance. Like in most states, this rule is mandated by the financial responsibility laws of Kentucky. Listed below are the minimum liability requirement amounts for this state:

” $25,000 – Total financial liability coverage for death or injuries caused to a person in an accident.

” $50,000 – Liability coverage to compensate for death or injuries incurred by two or more people during an accident.

” $10,000 – Goes to covering liabilities arising from damage to properties due to the auto accident.

The more liability coverage your auto insurance policy carries, the better. You can easily be sued for tens of thousands of dollars if proven at-fault in causing an auto accident. This kind of coverage can definitely save you from a big financial mess. This is why it is very important to maintain adequate levels of liability coverage on your policy at all times.

All other type of auto insurance coverage (e.g. Comprehensive, Collision, and Personal Injury Protection) maybe optional but are nonetheless important. Underinsured/Uninsured Motorist (UIM/UM), which protects you against financial loss from someone driving without or with inadequate auto insurance, is also something you might want to consider getting.

Auto insurance web portals are a great way to find and compare auto insurance rates coming from many different insurers. Not only can you maximize your chances of getting the best rates, while saving yourself a lot of time and effort in the process.

Tags: compare auto insurance, k, kentucky auto insurance minimum requirements, kentucky auto insurance requirements