Car Insurance Quotes Lexington ky
Car Insurance Quotes Lexington ky
In Lexington, Kentucky, the cost of car insurance varies widely depending on the type and level of coverage chosen by the driver. For those seeking full coverage insurance, drivers can expect to pay an average monthly premium of approximately $153. This figure is relatively close to the average full coverage rate in Kentucky, which stands at $177 per month.
Drivers found operating a vehicle without insurance face escalating fines depending on whether it is their first, second, or subsequent offence. Fines range from $500 to $2,500.
The average monthly costs for car insurance across select cities in Kentucky present an informative comparison. Lexington’s $153 for full coverage, cities like Bowling Green ($144), Covington ($147), and Louisville ($202), illustrate the variation in insurance premiums based on geographical and market factors. Such discrepancies are a result of local risk factors, including traffic patterns, accident rates, and the general cost of vehicle repairs in each region.
Kentucky operates under a “no-fault” system, meaning that every driver is required to have PIP to cover medical bills and lost wages regardless of who is at fault in an accident. While minimum coverage is legally sufficient, it lacks the comprehensive protection that comes with full coverage insurance. Full coverage policies include collision and comprehensive insurance, which safeguard against theft, weather-related incidents, and collisions with other vehicles, thus offering superior protection for drivers.
READ ALSO; Car Insurance Quotes
How Much Does Car Insurance Cost in Lexington, Kentucky?
The average monthly premium for full-coverage car insurance in Lexington is $153. The average full coverage rate in Kentucky is $177. Full coverage consists of at least the required liability, plus comprehensive car insurance and collision car insurance. It’s the best protection you can get for peace of mind.
The least expensive car insurance in Kentucky will be the state-mandated minimum liability policy, and the lowest rates will be for drivers with clean driving records. This insurance costs $52 a month on average, compared to $62 for the entire state of Kentucky and $47 for the country.
See our breakdown of the average monthly car insurance cost in Lexington.
City Full Coverage Insurance. Liability Insurance Coverage
Lexington…………….$153……………………………………….$52
Bowling Green……..$144……………………………………….$45
Covington……………$147 ……………………………………….$47
Louisville…………….$202……………………………………….$71
Minimum Car Insurance Requirements in Lexington, Kentucky
The minimum car insurance, which includes liability insurance and personal injury protection, must be followed by all drivers in Kentucky:
- $25,000 for bodily injury insurance per person
- $50,000 for bodily injury insurance per accident
- $25,000 for property damage insurance per accident
- $10,000 personal injury protection (PIP) per accident
Kentucky is a no-fault state. All drivers are therefore required to have $10,000 in personal injury insurance for each collision. In the event of an accident, this is intended to help defray the costs of medical bills, lost wages and more in the event of a crash.
Choose a full coverage policy above a state minimum mandated policy. Comprehensive and collision insurance, which provides better safeguards against things like theft, weather-related catastrophes, and collisions between vehicles, is included in full coverage.
The higher your coverage limits, the better peace of mind you will have on the road.
What Are the Penalties for Driving Without Insurance in Lexington, KY?
Drivers with lapsed insurance in Kentucky are closely monitored by the state.
Depending on whether it’s your first, second, or subsequent offense, you might face fines ranging from $500 to $2,500 if you are found driving in Lexington ky without car insurance. until you present evidence of insurance, your license and registration will be suspended. Reinstatement fees are not too excessive ($40 fee plus court fines).
Depending on the offence and your prior driving history, you can also be sentenced to 90–180 days in jail in severe circumstances. For additional information, visit here
RELATED ARTICLE