I’ve heard it said the car insurance quotes are the same, the only thing different is the price.  I don’t think that is true but my thoughts are not important.  You alone should be the one to decide how to insure the risk that is created by owning an automobile.

 

Consider the following questions:

• Do you know how much liability coverage your current auto insurance policy provides?
• Do you think having Kentucky car insurance that includes coverage for uninsured or underinsured motorist is important?
• Is your car insured?

The third question is easy.  If you answered anything other than Yes, then I certainly hope that it is parked.  Unfortunately, there are lots of individuals in Kentucky that are driving cars that do not have insurance coverage in place.  The number is alarming; it is estimated that over 15% of Kentucky cars on the road have no insurance. 

This is a good segway into question two.  If you think that the number of uninsured drivers is alarming, how many underinsured vehicles are on the road.  The answer to that is, potentially everyone.  The state minimum requirements for bodily injury are $25,000 per individual capped at $50,000 if multiple

I’ve heard it said the car insurance quotes are the same, the only thing different is the price.  I don’t think that is true but my thoughts are not important.  You alone should be the one to decide how to insure the risk that is created by owning an automobile.

Before moving consider the following questions:

• Do you know how much liability coverage your current auto insurance policy provides?
• Do you think having Kentucky car insurance that includes coverage for uninsured or underinsured motorist is import?
• Is your car insured?

The third question is easy.  If you answered anything other than Yes, then I certainly hope that it is parked.  Unfortunately, there are lots of individuals in Kentucky that are driving cars that do not have insurance coverage in place.  The number is alarming; it is estimated that over 15% of Kentucky cars on the road have no insurance. 

This is a good segway into question two.  If you think that number of uninsured drivers is alarming, how many underinsured vehicles are on the road.  The answer to that is, potentially everyone.  The state minimum requirements for bodily injury are $25,000 per individual capped at $50,000 if multiple individuals are injured.  Amounts that will not go very far in today’s health care system.

If you answered NO to the second question, I would suggest you reconsider.  With over 15% of Kentucky drivers not insured and even more underinsured, your current car insuance is just that.  It’s wrong or at least missing a critical component, like the r in insurance.

With that said, I think we have enough information already to say that you the answer to the first question should be YES.  I will close with this, If you don’t know how your auto liability insurance limits or if and to what level your covered in the event your hit by an uninsured or underinsured driver, then you’re not making your own risk management decisions, and it’s most likely because you’re not being given the opportunity.  The risk associated with your home, auto, business or anything else is yours.  Click the link below to learn more about TruePoint’s client-focused approach.  You deserve an agency that values educating as opposed to selling.

www.insuringky.com to learn how you can take control of your personal risk management Today!