Collisions and Insurance. Stop immediately Assist the injured Control the scene Notify the police Exchange information Duties If Involved in a Crash Notify.

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Presentation transcript:

Collisions and Insurance

Stop immediately Assist the injured Control the scene Notify the police Exchange information Duties If Involved in a Crash Notify insurance company Leave written notice to owners of unattended vehicles KY requires you to file an accident report when property damage exceeds $500 and an investigation is not made by law enforcement.

Record witnesses names and addresses Take a photo of the collision scene Make a sketch of the collision scene Note the name of the hospital to which any injured person is taken Note the name and badge number of the police officer at the scene Do not argue about who was at fault Duties If Involved in a Crash Additional Steps to Take

Types of Automobile Insurance Liability –Property Damage –Bodily Injury Uninsured Motorist Underinsured Motorist Collision Insurance Coverage Comprehensive Medical Payment Towing No Fault

Insurance Coverage KY requires $25,000/$50,000 liability for bodily injuries and $10,000 liability for property damage. KY requires all motor vehicles registered or operated in the state to be covered by liability insurance and basic no-fault personal injury insurance. Failure to carry insurance is a criminal offense, punishable by fines, loss of license plates, and loss of operator’s license. Basic no-fault provides coverage up to $10,000 for medical expenses, lost wages, and replacement services if injured in a crash regardless of who’s at fault.

–Type of policy –Miles driven annually (fewer miles mean lower rates) –Age of principle driver –Where the driver lives –Successful completion of Driver Education –Violation and collision record (Ky remains on record for 5 years) Factors Affecting Insurance Premiums

–Gender of the driver (females generally pay less) –Type of vehicle driven –Vehicle usage –Vehicle safety features –Vehicle anti theft devices Factors Affecting Insurance Premiums

Ways to Lower Your Premium Record free of crashes or convictions for traffic violations No insurance claims Multiple vehicle discounts Drive a vehicle equipped with ABS Drive a vehicle equipped with airbags Successfully complete driver education Install anti-theft devices Increase the amount of your deductible

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