In Kentucky, there are minimum requirements in place that all auto insurance companies must provide to all drivers purchasing a policy. Every company should provide a minimum coverage of $25,000 per person, which must include injury liability coverage. Drivers must also carry a minimum of $50,000 for bodily injuries per accident as well as $10,000 for property damage coverage. In addition to these required insurance amounts, drivers are also free to add a variety of different types of coverage to their policies as well.
Kentucky drivers must have two types of liability auto insurance coverage in place. These types of insurance include bodily injury liability insurance and property damage liability insurance. With bodily injury liability insurance, the expenses resulting from the physical injuries in an accident caused by the insured driver are covered. The other type of liability coverage pays for property that has been damaged as the result of an injury.
Bodily injury liability, which is known as BI for short, must provide a minimum of $25,000 of coverage per person and $50,000 per accident. This coverage provides payment when the insured driver was responsible for the accident and someone is injured or killed by the other driver. This includes passengers that are in the driver’s car and any pedestrians as well. Kentucky law also includes a “choice” no fault auto insurance clause. In accordance with this law, drivers can reject the lawsuit threshold and choose to sue for injuries related to an automobile accident.
Property Damage insurance, which is known as PD for short, must be in place with a minimum of $10,000 in coverage. Property Damage insurance pays for the costs when the insured driver causes the accident and the accident results in the need for repairs to property or to the vehicle of the other driver.
Kentucky drivers must carry auto insurance coverage. Without proof of insurance coverage, drivers in Kentucky are not able to register their vehicles. If the driver does not have proper auto insurance coverage, he or she must be able to prove that he or she has enough money to cover any damages that may occur as the result of an accident.
There are several ways a Kentucky driver can prove that he or she has the proper auto insurance coverage. For example, the driver can show a temporary insurance card that the provider issued. The driver may also show a premium receipt proving that the insurance coverage has been paid or a binder issued by the insurance binder.
A Kentucky driver may also show his or her declarations page received from the liability insurance policy in order to prove insurance coverage. Another option is or the driver to simply present his or her liability insurance policy or a certificate of liability insurance policy that the insurer or an authorized agent issued. If a Kentucky driver has purchased the vehicle within the past 60 days, he or she can show proof of purchase as well as proof of coverage for the vehicle that was and the insurance card for the vehicle that was replaced in order to prove coverage as well.