What to Know about Car Insurance


Facts about Kentucky Car Insurance

The state of Kentucky requires all vehicle owners to carry car insurance. At a minimum, your policy must include liability insurance to cover third-party injuries or property damage if you cause an accident, and personal injury protection to cover injuries to you and your passengers, regardless of fault. In Kentucky, driving without insurance can cost you fines ranging from $500 to $2,500, revocation of your driving privileges, suspension of your registration, and even jail time.

More Kentucky car insurance facts

  • Kentucky drivers collect about $1.98 billion in insurance claims every year.
  • On average, there are approximately 160,000 car accidents in Kentucky every year.
  • Of these, about 15% involve serious injuries; 0.5% result in death; and 71% are property damage only collisions.
  • Collisions in Kentucky cost an average of $12,375 per accident.

Cost of Car Insurance in Kentucky

Vehicle owners in Kentucky pay an average of $1,341 per year for their coverage. This is just slightly higher than the national average rate of $1,311. Your price for coverage will be based on a number of factors, including specifics about your car (such as its make, model, and year), details about you (like your age, occupation, driving record, and credit score), and information about the other licensed drivers in your household. Every insurance company has its own way of calculating rates, so comparing quotes helps you be sure that you are getting your policy at a competitive price.

Cost of Car Insurance in Kentucky Compared to Surrounding States

Why Choose an Independent Agent?

  • Independent insurance agents live and work in your community.
  • These agents can shop around to help you find the best policies.
  • Your agent can provide one-stop shopping for all your insurance needs.

Find an independent insurance agent in Kentucky 

I searched for an independent agent online through TrustedChoice.com. I just filled out some specific information and then I received a call. The call was short and to the point. I was pointed in the right direction for specific agents and I was left satisfied. 

five star review Mary of Owensboro Kentucky Consumer Affairs

What Does Your Car Insurance Policy Cover?

Kentucky is a no-fault state, which means that your car insurance will cover your injuries up to a specified limit, regardless of fault. That is why all car insurance policies in this state must include personal injury protection coverage. All policies are also required by law to include liability coverage to cover injuries and property damage you may cause to others if you are responsible for an accident. Collision and comprehensive coverage are not required by the state of Kentucky, but are usually required by lenders if you are still paying for your vehicle. Insurance providers offer a mixture of mandatory and optional coverage, including:

  1. Liability insurance (required): This pays for third-party damage if you cause an accident. Your policy must include at least $25,000/person and $50,000/accident in bodily injury coverage, and at least $10,000 in property damage coverage.
  2. Personal injury protection (PIP) (required): This is designed to cover medical expenses if you or your passengers are injured in a collision, regardless of fault. All drivers are required to carry a minimum of $10,000 in PIP coverage. 
  3. Collision and comprehensive insurance (optional): Pays to repair or replace your car if it is damaged or totaled in an accident (collision insurance) or in a non-collision event like a tornado or flood (comprehensive insurance).
  4. Uninsured motorist insurance (optional): This pays for your medical treatment if an uninsured, underinsured, or hit-and-run driver causes a collision and your medical treatment costs exceed what your PIP insurance can cover.
  5. Towing and roadside assistance (optional): This is deigned to cover the cost of assistance if your vehicle becomes disabled while you are out on the road or if you are unable to start your car due to a dead battery or other problem.

If you currently owe more for your vehicle than it is worth, gap insurance can provide an added layer of protection in the event that your vehicle is totaled. Talk to your local independent agent to learn more.

Top Insurance Companies that Support Independent Agents in Kentucky

There are currently 331 independent insurance agencies in Kentucky that are ready to help you find the right auto insurance policy. These agents are free to work with several different insurance providers, so they can obtain a variety of customized car insurance quotes that you can review and compare together. Let a local independent agent help you find the best and most competitively priced policy to meet all your auto coverage needs.

Why go Independent

Why Go Independent When Looking for Car Insurance?

  • One call, multiple quotes
  • Pay less for more coverage
  • Expertise in your community