What Is the Minimum Amount of Auto Insurance I Need in Kentucky?
Car accidents are costly and often lead to medical bills, lost wages and pain and suffering. Most people cannot afford to pay for a car accident out of pocket and for this reason, many states, including Kentucky, require every driver carry a minimal or liability insurance policy.
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Minimum Insurance Required in Kentucky
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By law, drivers in Kentucky must carry a minimum or liability auto insurance policy that covers $25,000 in bodily injury per person, $50,000 in bodily injury per accident and $10,000 in property damage per accident, according to Insure.com. Drivers are also required to carry personal injury protection but do not legally need uninsured motorist protection.
Bodily Injury Coverage
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The bodily injury coverage included in liability insurance covers the medical bills and lost wages of other drivers involved in the accident. Under the bodily injury coverage, you have a set limit for each person involved in the accident and a maximum cap for each accident. You may be responsible for paying medical bills beyond the insurance limits.
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Property Damage Coverage
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Property damage coverage pays for the repairs to the other driver's vehicle, up to your insurance limit. If the repairs exceed your insurance limit, the driver may seek legal recourse against you. Property damage coverage only benefits the other driver. You are responsible for paying for repairs on your own vehicle.
Personal Injury Protection Coverage
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Kentucky is a no-fault state, meaning you will be responsible for your medical bills and the medical bills of your passengers if you are in an auto accident, whether you were at fault or not. Personal injury protection coverage covers medical bills up to your limit. Personal injury protection insurance will also cover lost wages and funeral costs for you and other passengers in the vehicle at the time of the accident.
Full Insurance Coverage
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Since the minimum required insurance only covers medical bills and damages to other vehicles, it may be wise to purchase additional coverage. A comprehensive and collision plan will cover the cost of repairs on your vehicle if you are in an accident. This coverage will also pay for damages due to theft and vandalism.
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