The automobile insurance requirements in Kentucky are slightly different than most states. Residents are required by law to purchase a policy which has certain amounts of liability coverage, yet are given the choice of legally rejecting any Personal Injury Protection (PIP) by filling out a form and giving it to the state Department of Insurance. Although this additional coverage is optional, all Kentuckians are strongly encouraged to search for a policy that is as extensive as possible. One of the easiest places to begin is by comparison shopping. This method involves obtaining quotes from as many different insurers as possible and choosing the most appropriate policy that offers adequate protection and is competitively priced. Doing so often amounts to better priced and more thorough coverage.
Obtaining car insurance in Kentucky that fits a motorist’s needs is best achieved by evaluating the type of protection that is needed and comparing quotes based on the necessary product. For example, a driver that currently has a health care plan may be able to go without PIP, but others may benefit from this coverage since it could help pay for injuries that may be sustained in an accident. Other options that may be needed could include insuring a vehicle against physical damage. Consumers need to determine what the right type of policy should consist of in order to avoid being under-insured as well as paying for unnecessary options that may not be worth the premium. Once the desired product is established, a motorist should obtain quotes from as many companies as possible to assist in locating the most competitive rate.
There are many factors that go in to the type of coverage a person can obtain, as well as the rates which are available. KY automobile policy prices can be shifted based on a person’s age, marital status, location, driving habits, type of vehicle and many more details. Each of these factors can hurt a driver’s chance of finding the most affordable policy or even a carrier willing to accept their risk level. A driver with a high number of accidents and/or traffic violations could be considered a high risk driver and may be denied coverage by a number of insurers.
Drivers that have a hard time getting insured in the Bluegrass State do have options. The best method in locating an affordable policy would be to shop around and obtain as many quotes as possible to locate an insurer that will cover their risks at a reasonable price. Motorists that still have no luck may need to turn to the state for assistance finding a carrier. According to the KY Auto and Home Insurance Guide a motorist may choose to apply for coverage with the Kentucky Automobile Insurance Plan (KAIP). Although typically regarded as a last resort due to the higher premiums that are charged, this program will locate coverage for a person who has been refused service within the last 60 days, can provide a premium deposit upon filing an application, and who can maintain residency. Motorists that may be in need of such assistance should be sure to practice safe driving in the future to enable them to find a policy without the KAIP and obtain cheaper coverage.
Source: http://www.onlineautoinsurance.com/kentucky/
