Kansas Car Insurance
With over 1.8 million licensed drivers and 2.5 million registered vehicles on the road in Kansas, it is vital that drivers carry the optimal amount of car insurance. Research and compare prices and ensure your insurance premium has the best possible rate available.
Don't underestimate the importance of carrying the proper amount of insurance. Drivers who gamble and choose to carry only the minimum amount of coverage expose themselves to potentially devastating financial loss. This is why it is extremely important, especially for new drivers, to possess an insurance policy based not upon low prices, but rather realistic need.
A car insurance policy in Kansas provides financial protection for a vehicle's primary driver, their passengers, anyone involved in the accident, and any friend or family member that borrows the vehicle. Exceptions occur when vehicle owners receive financial compensation for the use of the vehicle. Drivers are also vulnerable if they only carry personal insurance and use their vehicle for business purposes.
Kansas is located almost directly in the middle of America, which is why it deserves the nickname, America's heartland. Kansas is also one of the nation's largest agricultural states. It produces a wide variety or grains and vegetables and relies heavily on agriculture to sustain its economy.
Minimum requirements
Drivers in Kansas must possess a minimum amount of car insurance before they can legally register their vehicle.
- Liability coverage: The minimum amount of liability insurance required in Kansas is $25,000/person for bodily injury, $50,000/accident for bodily injury, and $10,000/accident for property damage. Commonly referred to as 25/50/10, Kansas' minimum liability insurance requirements are consistent with other state insurance minimums.
- Personal injury protection (also known as PIP or No Fault): $4,500/person for medical expenses, $900 a month for one year of disability/loss of income, $25/day for in-house services, $2,000 for funeral, burial, or cremation services, $4,500 for rehabilitation expense. Survivors are entitled for loss of income expenses up to $900 and up to $25 a day for in-home services. However, payments to survivors are only good for one year.
- Uninsured/Underinsured motorists: $25,000/person and $50,000/accident
State law in Kansas enforces these minimums. However, in most instances carrying additional coverage best protects your vehicle, family, and financial future. For example, many Kansas drivers choose to increase their insurance plans to 100/300/50. This is because the cost of an accident can quickly spiral out of control especially if a traumatic injury occurs. Take the time to discuss with a qualified insurance agent the potential risks involved in carrying only the minimum insurance requirements. Discuss where and how often you drive to help them, best determine your level of risk. Again, do not leave your financial future in jeopardy. Carry the proper amount of insurance for your specific driving situation.
No fault
There are twelve states in America, that employ a no fault insurance system. A no fault system does not assign fault in the occurrence of an accident. Originally designed to take out some of the bureaucracy involved in insurance claims, the no fault system continues to thrive in these twelve states. Drivers in no fault states often receive their insurance claims much faster due to the reduction of legal proceedings with this form of insurance coverage. However, in severe collisions and in certain situations, drivers may proceed with litigation.
Statistics
Statistically, it is inexpensive to insure a vehicle in Kansas. Each year, the National Association of Insurance Commissioners (NAIC) produces a series of reports determining the cost of insurance in each state. This data is determined using the cost of liability insurance. It does not calculate comprehensive or collision insurance costs, as these forms of insurance are not required in all states. The following ten states have the lowest individual car insurance premiums with Kansas residents paying less than 45 other states.
- North Dakota: $554
- Iowa: $555
- South Dakota: $565
- Idaho: $583
- Kansas: $590
- North Carolina: $602
- Wisconsin: $615
- Nebraska: $621
- Wyoming: $639
- Maine: $644
It cost much less to insure a vehicle in Kansas, than in other states for a variety of reasons. Some of these include the fact that Kansas has reduced collision risks due to fewer residents, and less metropolitan areas than states like New York and California. However, this does not mean that Kansas drivers should take any less time or effort securing the best possible insurance policy.
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