Kentuckian car insurance consumers need to make an educated decision before deciding to accept or reject personal injury protection coverage.
Online PR News – 06-August-2010 – – Practically all states require drivers to have some sort of auto insurance in place so that any motorist who becomes an inadvertent party to an accident will not have to suffer financially. Though the vast majority of states have a uniform approach to whether residents are required to have insurance, the required minimum-coverage levels vary widely from state to state. Before setting out to shop for auto insurance, Kentuckians should become familiar with the minimum levels of coverage that are required by the Bluegrass State.
Prospective buyers of Kentucky auto insurance are, like drivers of most states, expected to maintain bodily injury liability and property liability coverage. The minimum limits for bodily injury are $25,000 per person and $50,000 per accident, and the minimum limit for property damage is $10,000. It should be kept in mind that, although a policy might be enough to satisfy state-required minimums, that doesn’t necessarily mean it will be enough to cover all expenses that arise in the event of an accident.
The area where Kentuckians will have to make a crucial decision is personal injury protection insurance. This type of policy pays for “medical expenses, lost wages and replacement services if one is injured in an automobile collision regardless of who may have been at fault,” according to the Kentucky Transportation Cabinet. Although the state requires that drivers have the coverage, residents have the option of legally rejecting it.
Before rejecting this type of coverage in pursuit of the cheapest premium, though, insurance shoppers should weigh the pros and cons. If a driver chooses to get behind the wheel without the coverage, then the overall premium cost is likely to be reduced and the right to sue another driver may be retained. But if one opts to purchase the coverage, then injuries sustained in an accident may be covered even if the policyholder is considered to be at fault and the ability to be sued by other parties may be limited. In addition, purchase of the coverage may ensure that the policyholder will not have to wait until the conclusion of time-consuming fault investigations in order for coverage to apply. The individual consumer will have to decide which is the better of the two routes.
Whether the Kentuckian consumer opts to purchase or reject this type of coverage, it is important to get educated about coverage issues and to shop around thoroughly, and sites like http://www.onlineautoinsurance.com/kentucky/ make it easier for Kentuckians to do so.