Kentucky Auto Insurance Laws
Automobile insurance is something that most people prefer not to think about. However, it is required by law in every state, and even if it weren't, insuring yourself and your car would only make sense. An automobile is one of the largest investments most people will make in their lifetime and having it damaged or destroyed, or having your health impacted by a collision, is too important a topic to ignore. In the state of Kentucky, auto insurance laws are a bit different than other states.
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State Minimums
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Most states have what are called "State Minimum" insurance coverages requiring auto owners to keep a certain level of insurance on every vehicle owned, these states require you to provide proof of insurance on bodily injury, uninsured and under-insured motorist. These liability levels for Kentucky are as follows: $25,000 per person bodily injury per accident, $50,000 total bodily injury per accident and $10,000 property damage per accident.
No Fault
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Kentucky is one of twelve "no-fault" insurance states. What this means is that a determination of fault is not required before an insurance company pays your claim. Whether you or the other driver caused the accident does not matter in a "no-fault state," as you will get paid some of the the insurance you have agreed upon regardless of who caused the accident. If the other driver is at fault, you will receive money from his insurance, but you will receive faster compensation in a "no-fault" state.
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Full Tort State
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Kentucky is also a full-tort state, which means their laws also offer a choice in whether you can sue in case of an accident. Not all states offer full tort coverage, which is more expensive, but allows you to recover additional monies from an accident through the legal system. States which do not offer this type of coverage are called "limited tort" states. Limited tort coverage can be purchased in full-tort states, but you give away some of your right to sue in case of an accident. Limited tort insurance is also typically less expensive than full-tort.
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References
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