Reader’s Question:

I just got my driver’s license. What do I need to know about auto insurance in Kentucky?

Brad

Louisville, KY

The state of Kentucky’s financial accountability laws offers a little flexibility to its resident motorists. This state follows the no-fault policy wherein drivers rely on their own auto insurance policies without reference to who was declared at fault in a car accident. However, the state offers drivers the option to pass up the no-fault system and instead revert to the Tort system, where this time, they retain the right to sue the other driver for their injuries.

If a driver chooses to go with the no-fault policy, he or she is required by the state to have Personal Injury Protection with a minimum limit of $10,000. If the driver, on the other hand, chooses the Tort system, then he or she must have liability coverage. Liability auto insurance in Kentucky has the following minimum requirements. For a single driver’s bodily injuries, at least $25,000 worth of medical expenses is due. For more than one occupant in the vehicle, a total of $50,000 of combined medical expenses is the minimum limit. To recompense for any damaged property, an insured driver must be covered for at least $10,000. Most state insurance regulators and other experts recommend purchasing as much auto insurance as one can afford. You can never tell how much a road accident is going to cost you, and in Kentucky, you don’t really know when the other driver might sue you. It might be worthwhile to have both liability and PIP auto insurance coverage.

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