Cheap Car Insurance in KY

The Best Way to Find Cheap Car Insurance in Kentucky

Prices of car insurance depend on many possibilities. It is important to know what kind of things will come up before you find cheap car insurance in KY. We have covered in detail all the issues related to car insurance in Kentucky.

Kentucky Car Insurance Laws

Car insurance in Kentucky is handled by the law, which makes sure that every insurance purchase is operated under justice. Among the 12 states (Florida, Hawaii, Kansas, Kentucky, Massachusetts, Michigan, Minnesota, New Jersey, New York, North Dakota, Pennsylvania, Utah) that are considered as 'no-fault', Kentucky is one.

The laws in Kentucky are based on tort system. This implies that about an accident, one of the parties must be found guilty for the insurance payments to happen. The person found with 'no fault' is always at ease under such systems. The insurance company of the guilty driver is the only person liable to pay up all expenses. The importance of insurance laws in Kentucky is unavoidable, and getting caught on the wrong side of the law can make things difficult. Although insurance is meant to cover you in cases of accidents, renewal of the insurance policy can be expensive if the accident caused a hefty payout from the insurance company account.

Car insurance laws in Kentucky also put specific limits on the minimum coverage that a car owner should buy. This will not vary from one car to another. The Kentucky government requires that all car owners in the state remain insured for three broad elements. The first of them is a 25/50 bodily injury protection. This implies 25,000 per head or more, according to the number of occupants in the car. An additional 25,000 dollars is required for property damage liability, which takes care of the repayment that has to be incurred in case you are at fault in banging onto someone's commodity.

The state also makes it compulsory to buy coverage of 10,000 dollars for personal injury protection. This makes for a safe package that you cannot avoid buying if you do not want legal hassles.

A minimum amount of car insurance coverage that anyone is supposed to have can be summed up as follows:

  • $25,000 worth of insurance cover against medical care in case an accident involves only 1 victim.
  • $50,000 worth of insurance cover against medical care in case an accident involves more than one victim.
  • $25,000 worth of insurance cover against repairs of the property that was damaged due to the accident (like dents in cars, broken fences etc.)

These are the latest figures and are subject to change in the future if needed and are decided by none other than that those governing the insurance law and order situation in the state. However, it is advised to keep the total insurance cover of a value more than these because if the expenditure rises to more than this value, they would have to be borne by the person at fault. It is better to be safe than sorry later.

When these documents are in place does one have the permission to drive on the roads. There are marshals installed in different places who are meant to check vehicle owners randomly for any non obedience which would then lead to a ticket being issued, or their license to drive getting cancelled. As proof, these documents should be carried at all times and be produced on the request of anyone representing the law. To make the matters simple, car distributors have been made to sell cars only to those who have these minimum requirements in place.

In Kentucky, the measures have been strengthened even more by making it a rule for every owner to report their current car insurance policies electronically to the regulating department. This ensures that people do not abscond from them and take things for granted. If you are a responsible citizen, these measures would not be a problem as the procedures employed are simple and straightforward.

Auto insurance laws in Kentucky are simple to understand for the drivers. Accidents may often be give rise to difficult situations, each sounding off a complication that prevents a just conclusion. It is for this reason that tort systems are conducted in the court of law, and are governed by the laws laid out as basic guidelines of justice under state rules. Department of Motor Vehicles (DMV) in Kentucky regulates the laws and insurance dealings.

The insurance companies in Kentucky may have immense difficulties in processing your insurance purchase if any bit of misinformation or lack of elaboration is found in your application. Applications are usually filled with queries for many details. Make sure that you comply with the law.

To obtain car insurance in Kentucky, you can either try to get it in the normal market or if you are turned down, get it through KAIP which stands for Kentucky Automobile Insurance Plan. To qualify for this, you must give the following:

  • Proof that shows that Kentucky Car Insurance has been refused to you for past 60 days.
  • Give a premium deposit along with the application.
  • Maintain the same residence in Kentucky.

SR22 Car Insurance in Kentucky

While every individual owning a vehicle is required to have a car insurance against it, there are some specialized cases when people would be required to have more than just that. Those who have been involved in a lot of accidents and have a history of rough or rash driving, a SR22 Car Insurance becomes mandatory. Remember that it is not applicable to all but only a selected few which can also be seen as the list of troublemakers on the roads. The direction of obtaining this form of car insurance comes directly from the courts which have the authority to assign them to anyone who has the potential to be involved in heavy duty damage.

It is understandable here that the SR22 is car insurance for people with high risk. Due to this, the insurance amount is higher and the consequently, the prices shoot up too. Compared to a normal car insurance policy, the SR22 is more robust and can have a value to meet a major accident. Some people view it to be unnecessary claiming that normal car insurance is more than enough but the lawmakers of Kentucky seem to differ. More than seeing it as a necessity, they think of it as a punishment awarded to the driver for not being a responsible citizen and misusing the city roads and hence causing harm to others. The punishment comes in the form of higher insurance rates which would mean added pressure on the personal finances and hence making them drive carefully and follow the rules.

Once this insurance policy direction has been awarded by the courts, people generally have to own it for a specific period. If in this time they are not caught flaunting the rules of the road, they are made free from it and can continue driving without it. Similarly, if they are caught, the period may be extended. In Kentucky, this period varies from about 6 to 12 months without extension. SR22 policies are stern, and the owner has to make the payments diligently for the specified period, failure to do so would result in their going to have to redo the whole process again from the beginning.

Of course, finding the best deal in prices becomes the top priority when someone is required to own this form of car insurance. Thankfully, Kentucky does have a couple of companies which deal in it making it possible to review their rates although, it would be right to add here that the prices would not differ much as this form of insurance is a legal measure.

Kentucky Car Insurance Companies

There are about 50 companies in Kentucky that provide car insurance. The prices and procedures vary greatly because each of these companies provides the best deal to different classes of drivers like inexperienced drivers, mature drivers etc.

Some of the most prominent companies :

1. Progressive: This Company offers the best price, and the coverage that you deserve. This is an independent company which has always been rated high (A+). The best thing about this company is its stability. It was established in 1937 and was still going strong. This fact is enough to make you trust Progressive to give you the best car insurance. They are ranked as the fourth largest car insurance provider in the nation and their specialty is car insurance. This company helps you obtain car insurance online too.

3. Travelers: This Company boasts to $109.8 billion assets and revenue of about $24.5 billion in the year 2008. They are Us' second largest commercial property insurance and car insurance providers through independent agents. They are always rated with an A+. It was founded a way back in 1853 and is one of the oldest of the insurance companies in the US and their insurance business is diversified, and they provide the best solutions and deals for every kind of driver. The logo- the red umbrella, symbolizes protection, and they rightfully do that.

4. The Hartford: This 200 year old company has insured the presidents Lincoln and Eisenhower. Do we need to say more? This is one of the best companies that provide the best quotes for any insurance, and it goes without saying, for car insurance too. This company is known for its discounts and for insuring the construction of the Hoover Dam and the Golden Gate Bridge.

Kentucky Car Insurance Rates

Kentucky car insurance rates average minimum prices are :

Description Price
Kentucky Minimum Car Insurance Coverage $768 - $1,037
Kentucky Minimum Full Coverage Car Insurance $1,517 - $1,796
Kentucky Minimum Car Insurance Coverage for Young Drivers $1,488 - $1,745
Kentucky Minimum Full Coverage Car Insurance for Young Drivers $2,237 - $2,503
Average car insurance Kentucky per month $64 - $208

Rates will vary from city to city and town to town, so here are the average car insurance rates for selected cities and towns in Kentucky.

  • Bowling Green: $826
  • Covington: $597
  • Jeffersontown: $943
  • Henderson: $839
  • Hopkinsville: $664
  • Lexington: $883
  • Louisville: $1,272
  • Owensboro: $931
  • Pippa Passes: $1.306
  • Richmond: $758

Finding Cheap Car Insurance in Kentucky

Kentucky is relatively sparsely populated. Small towns cover the landscape. In the east are the Smokies, which provide stunning vistas for tourists to admire the beauty of the Kentucky landscape. Even though there do not seem to be that many dangers, Kentucky roads are fraught with hazards. Posted along the major roads are signs that tell how many fatalities occurred on Kentucky highways the previous year. With reminders like this, the topic of car insurance in Kentucky should be of interest to any Kentucky vehicle owner. Not only can you get excellent coverage, but also you can find affordable rates. Getting cheap Kentucky car insurance is not a hassle; it might take a little time, but it will pay off in the long run.

The search for inexpensive car insurance is one based upon getting the right information, so you can shop smartly. With many resources available due to the presence of the internet, shopping for cheap car insurance is much easier than ever before. If you take a few minutes to read through the information below, you can learn some basic information about Kentucky car insurance as well as a few tips to help you find what you are looking for a cheap car insurance in Kentucky.

Custom Quotes for Different Policies

As you gather your quotes, you will need to input the policies and policy parameters you are seeking. This is how you can customize your policy to meet your needs and budget. A Kentucky car insurance quote can be gotten for any policy and any acceptable policy parameters, such as:

  • Collision insurance
  • Comprehensive insurance
  • Deductibles
  • Liability limits
  • Medical Payments insurance
  • Personal Injury Protection
  • Riders
  • Uninsured Motorist coverage
  • Uninsured Motorist limits

Full coverage car insurance consists of a combination of many types of protection.

Insurance of any form is expensive. The expense increases even more if the insured item is always on a risk. Take for example a car. If it is parked in the garage, there is nothing to worry about. But on the other hand, if it is constantly on the roads, there is always a chance of meeting an accident and causing damage. Further, because a car is human driven, who is prone to making mistakes, the risks increase even more. It is important to know your risks and take precautions accordingly.

Play around with the numbers and the policy types to come up with the policy you need at a price you can afford. If you want a little extra protection, then check out the cost of riders such as roadside assistance and loss of use to round out your policy.

Personal Factors and Behaviors

Personal Factors and Behaviors Have a Huge Impact When car insurance companies calculate the rates they intend to charge you, they will take a look at a long list of attributes and histories. The most important of which will be your driving history. Credit history is also considered, and a high credit score can save you money on your Kentucky car insurance.

They will also consider your age, sex, marital status, address, occupation, years of driving experience and whether you have ever had any lapses in car insurance coverage. As you age, your rates tend to drop. Up until about the age of 45 or 50, women are cheaper to insure than men. Married people are cheaper to insure than singles. The more years of driving under your belt the better, and if you work in a certain field, such as teaching, farming or government work, you tend to get discount.

Your Final Quote Depends Upon Total Insurance Needs

When thinking about your car insurance coverage you need to go beyond just your car insurance needs. What other insurance needs do you have? Home, boat, life, personal property, even RV coverage or insurance for jet skis can have a bearing on your car insurance rates.

Most companies service many insurance lines, and the more business you can give the, the bigger the discount. You should also think long term. Renewal and loyalty discounts and incentives can make staying with the same Kentucky car insurance company a great way to save money. So find a company you like and trust and stick with them if the price is right.

Your Vehicle Choice Will Affect Your Premiums

While considering the higher premiums for car insurance in Kentucky, you may want to consider the differences that makes of cars and car models bring about. Car insurance premium are only indicative of a figure that returns after using all your requisite details in a risk calculator. A major part of this risk calculation includes details about the car being insured. Every car in Kentucky must have its own insurance policy, paid for by the owner. This implies that a higher number of cars will inevitably multiply your insurance expenses.

Keeping your car purchase limited to moderate expense and style can greatly reduce your insurance premium. Although you may find that most of the car insurance rates do not vary with economy cars, every other luxury car is required to pay hefty premiums for the minimum coverage. Most luxury cars also go for higher investments in additional coverage. That makes for a doubling of the premium expenses. As a result, most experts believe that knowing about insurance policies are advisable before you make a final choice of your car. On-road prices, as they are often referred to, denote that the total expenditure that includes the first premium and the price of the car.

Every car has a premium tag associated with it at the dealers'. This is why prices at showrooms are not exactly the showroom-price. Thus, the prices you will be required to pay will be a few hundred, or a thousand dollars more than the advertised price of the car. Car prices in the market are therefore expensive for luxury and sports cars. You will be required to pay higher premiums owing to the risk of speeding damages, risks of damaging the expensive car parts, and other perils of owning a luxury car.

One of the most common risks of owning any car involves theft. Theft protection is available in car insurance policies of Kentucky, and they usually come as part of the comprehensive coverage. Comprehensive coverage tend to double the premium rates, but can be purchased at half prices if your car offers more opportunity for the stealers.

Cars with a higher number of components such as doors, expensive seat covers, stereo systems and other elements are more liable to get stolen. Owing to this, and surprisingly enough, some luxury cars with excellent security facilities and two doors result in relatively lower premium rates. Car owners with such vehicles often enjoy rates lower than the state average in spite of owning luxury or sports cars. Economy cars in general are known to provide the lowest premium rates. While renewing cars, it can be difficult to get the same premium rates if your car has shown a consistent habit of breaking down, or a frequent need of repairs. You should be sure about the performance record of a car when you choose it.

Important considerations for insurance companies when evaluating the cost to insure a specific car are:

  • Replacement value
  • Horsepower/engine size
  • Safety rating
  • Specific safety features
  • Make and model claims history
  • Security features
  • Total mileage
  • Miles driven per day/week/month
  • Make and model theft rate
  • Gas mileage

Using Multiple Quotes to Save Money

If you have 15 minutes available, you can gather Kentucky car insurance quotes to save enough money to make the time and effort invested well worth it. You can save 20 percent or more just by getting these quotes, which could be as much as $450 if you have to purchase insurance in one of those expensive urban areas. If you are searching for new coverage or feel as if you are paying too much for your insurance, then take the time to shop around. You may find that low-cost quote that will save you hundreds of dollars.

New York Car Insurance FAQ

Frequently asked questions :

Am I required to give a recorded statement if I am in an accident and the other driver is at fault?

A car accident is never a pleasant experience, and trying to figure out everything that you need to do following an accident can be a nerve wracking ordeal. If the fault is not yours, you do not need to worry about is providing the other insurance company with a statement of any kind. Since the other driver received the ticket in the accident, any statement (recorded or written) on your part could result in the insurance company trying to lessen their financial burden. In addition, if legal action looks to be a possibility, it is wise to refrain from making any comments until you have received counsel from your attorney. Giving a recorded or written statement when you are not required to do so could place in jeopardy your ability to maintain cheap Kentucky car insurance, and result in the offending party getting away with a lighter penalty (or no penalty at all).

If I am driving in the state of Kentucky and my windshield becomes cracked, is there any way I can have it repaired with the aid of my insurance company?

Kentucky, South Carolina, Florida, and Massachusetts all have laws on the books that require car insurance companies to pay for the replacement of the windshield. This might seem to be a harsh and unnecessary rule for you and your insurer, but on a second glance, it really isn’t. It helps protect you from your windshield shattering as a result of a crack. It helps the car insurance company make sure that your vehicle is not a moving hazard, and therefore less likely to be the result of accident. Excellent cheap Kentucky car insurance helps you to maintain a safe vehicle at all times, and the so called windshield law in the state of Kentucky helps make sure that your car remains safe at all times.

What are the minimum requirements for car insurance in the state of Kentucky?

One of the difficulties in pinning down the amount you need to get for insurance is that there is no nationwide standard. Some states (such as South Carolina and Virginia) have no law on the books requiring that you have car insurance, while other states, such as Massachusetts, not only require coverage but also historically have the highest insurance rates throughout the country. These complications make determining what you need a challenge, but not impossible. The state of Kentucky does require that you possess liability car insurance, and it is one of several states that requires you possess personal injury protection insurance. Even though these added components result in higher premium payments, they give you much more protection – and freedom from financial liability about accident. Just because you own cheap Kentucky car insurance does not mean you have inadequate coverage if a driving mishap.