Car Insurance in Kentucky
We provide car insurance solutions to individuals in Kentucky, Virginia and Florida.
Learn More About Car Insurance from Holly McMillin Insurance Group
What is Car Insurance?
Car insurance is a contract between you and an insurance company that provides financial protection in case of accidents, theft, or damage involving your vehicle. By paying a premium, you ensure peace of mind while driving, knowing you're safeguarded against unexpected costs.
Is Car Insurance Mandatory in Kentucky?
Yes, car insurance is required by law in Kentucky. To drive legally, you must have at least:
- $25,000 for bodily injury per person
- $50,000 for bodily injury per accident
- $25,000 for property damage per accident
- $10,000 Personal Injury Protection (PIP) coverage
Kentucky operates under a no-fault insurance system, meaning your PIP coverage helps pay for your medical expenses and lost wages regardless of who caused the accident.
Driving without insurance can result in serious consequences, including fines, license suspension, and registration revocation.
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“I have much of my home and auto insurance through McMillin Insurance Group and couldn’t be happier. I recently had to file an auto claim and it was handled very professionally and efficiently, and always executed to my satisfaction. Holly and all her staff are excellent!”
“Holly and her team have provided nothing but professional, friendly and excellent service for the past 5 years. We have expanded over the years and Holly is always quick to jump in and guide us through the options. And wonderful friends to boot!”
“Holly McMillin was very helpful, initialing providing advise and obtaining our current insurance provider. Over past years, Holly, has always been available for questions, and keeping current policies updated. Very professional company.”
“We recently switched our home and auto insurance to Holly McMillin Insurance Group. Not only did we save money, we are receiving better coverage (we were under-insured and had no idea until Holly educated us). Holly and her team have been so easy and kind to work with – they made the process seamless.”
“Working with Holly McMillin Insurance Group was incredibly sufficient, easy and a great local business in our small town. The staff members were so helpful and genuine!”
What Does Auto Insurance Cover?
Auto insurance in Kentucky offers various types of coverage. The most common include:
- Bodily Injury Liability: Covers medical expenses, legal fees, and lost wages for others injured in an accident you caused.
- Property Damage Liability: Covers repair or replacement costs for property (such as other vehicles or structures) damaged in an accident you caused.
- Collision Coverage: Pays for damage to your vehicle resulting from a collision, regardless of who is at fault.
- Comprehensive Coverage: Protects your vehicle from non-collision incidents like theft, vandalism, fire, or weather-related damage.
- Personal Injury Protection (PIP): Covers medical expenses and lost wages for you and your passengers, regardless of who is at fault.
- Uninsured/Underinsured Motorist Coverage: Protects you if you're in an accident with a driver who doesn't have enough insurance or no insurance at all.
- Medical Payments Coverage: Pays for medical expenses for you and your passengers, regardless of fault, after an accident.
- Roadside Assistance: Provides emergency services like towing, flat tire changes, and fuel delivery if you’re stranded on the road.
Can I Insure My Car If It’s Used for Ridesharing or Delivery Services?
Yes, you can insure your car if it's used for ridesharing or delivery services, but you’ll need a specific type of coverage. Standard personal car insurance policies typically don’t cover vehicles used for commercial purposes such as ridesharing (e.g., Uber, Lyft) or delivery services (e.g., DoorDash, Grubhub). To ensure you’re fully protected, you may need to purchase rideshare insurance or a commercial auto insurance policy. Some insurers offer add-ons or endorsements that can extend your personal policy to include rideshare or delivery services, so it's important to confirm this option with your insurance provider.
Can I Get Insurance for a Car That Is Being Financed?
Yes, you can insure a car that is being financed, and in fact, most lenders require you to carry full coverage insurance until the loan is fully paid off. Full coverage typically includes both collision and comprehensive insurance. This ensures that both you and the lender are protected financially if the vehicle is damaged or totaled.
Does Car Insurance Cover Rental Vehicles?
It depends on your personal car insurance policy. Many car insurance policies offer coverage for rental vehicles as long as the rental is for personal use and falls within the same coverage limits as your personal car. However, it’s important to note that this coverage may not include additional rental services, such as loss-of-use charges or damages beyond the standard coverage limits. Rental car companies often offer their own insurance options for extra protection. It’s a good idea to review your policy or consult with your insurance provider before renting a car to ensure you have the coverage you need.
Does Car Insurance Cover Damages Caused By Uninsured or Underinsured Drivers?
Yes, if you have uninsured/underinsured motorist coverage, your policy can help cover damages and medical expenses resulting from an accident caused by a driver who doesn’t have enough insurance or has no insurance at all. This coverage can help pay for repairs to your vehicle, medical bills, and other expenses.
What Factors Affect The Cost of Car Insurance?
Several factors influence the cost of car insurance in Kentucky, including:
- Driving History: A clean driving record can lead to lower premiums, while accidents or traffic violations can increase costs.
- Age and Gender: Younger drivers and male drivers often face higher rates due to statistically higher risk.
- Vehicle Type: The make, model, and year of your car affect insurance costs. Luxury or high-performance vehicles are typically more expensive to insure.
- Coverage Levels: Opting for higher coverage limits or additional policies like comprehensive or collision coverage increases premiums.
- Location: Living in areas with high traffic, crime rates, or weather risks can raise your insurance rates.
- Credit Score: In Kentucky, insurers often use credit scores to determine risk levels, with lower scores potentially leading to higher premiums.
- Annual Mileage: The more you drive, the higher your risk of accidents, which can impact your premium.
- Deductibles: Choosing a higher deductible can lower your premium, but you'll pay more out-of-pocket in the event of a claim.
How Can Kentucky Residents Obtain Car Insurance?
Reach out to the independent agents at Holly McMillin Insurance for a fast quote on car insurance in Kentucky. Our team is dedicated to helping you find affordable, comprehensive coverage tailored to your unique needs. Whether you’re a first-time homeowner or looking to update your current policy, we’re here to guide you every step of the way. Protect your home, belongings, and peace of mind with a policy designed specifically for you. Contact us today and let us provide the protection you deserve.
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For questions or concerns, please get in touch!
Email: info@hollymcmillininsurance.com
807 Main Street, Paris, Kentucky 40361
Mon-Thurs 9am-5pm; Fri 9am-4pm