A: Yes, it is possible to get a cheap SR22 insurance quote on a new car, but how cheap the quote will be depends on the kind of car you have recently bought. If you have a sensible, mid sized, economic car that wasn’t too expensive and had a good safety rating, then you have the best chance of getting the cheapest  quote. For any other car, though, you’re going to have to get some dirt under your fingers.

For anybody who owns a new car, of any type, your SR22 insurance quote can be cheapened by taking on more risk, which can be done by raising your deductibles. Every piece of extra coverage you have beyond basic liability has a deductible, which must be paid in the event of a claim before your car insurance company pays the risk. Let’s say you right now have a $500 deductible on all coverages. Your monthly premium will be high because your car insurance has most of the risk responsibility. If you raise it by a thousand dollars or more, though, your monthly insurance premium will be lower.

1. Raise your deductible amount to as high as you can

2. clean up your credit rating – poor rating equals higher insurance costs

3. join a credit union and ask them if they have insurance discounts – most do

A: Kentucky is a no fault state, so on your Kentucky SR22 car insurance policy you will need to have your regular liability coverage as required in most states, and in addition to that you will need no fault personal injury protection.

First, let’s look at your liability insurance. You have bodily injury liability, which covers the death or injury of the other driver in their passengers when you are in a car accident which you are found to be at fault for. Your Kentucky SR22 policy must have $25,000 of bodily injury liability for each person, with a maximum coverage per accident, no matter how many people, of $50,000. Your second kind of liability insurance is your property damage liability. Your Kentucky SR22 will need ten thousand dollars worth of this coverage, and it will cover any damage you cause, to cars, fences, whatever, if you are at fault for an accident.

Next, we take in your no fault personal injury protection coverage, of which you will need ten thousand dollars worth on your Kentucky SR22 policy. Your personal injury insurance will cover any injuries you yourself sustain in a car accident.