What is kentucky no fault rejection form

Frankfort, Kentucky 40602-0517. Acceptance of No-Fault Insurance denies each individual the right to sue a negligent motorist unless certain requirements are met. You and any member of your household can retain the right to sue by completing this form and mailing it to the Kentucky Department of Insurance.

What does Kentucky no-fault state mean?

The state of Kentucky is called a no-fault state because of a law stating that each driver in the state of Kentucky has to file a claim with their insurance company first to get compensation for medical bills and other financial losses caused by the accident according to their own insurance policy.

Can you reject PIP in KY?

Each individual may reject the limitations on his/her tort rights. The rejection must be in writing on a special form and must be filed with the Department of Insurance before it is effective. The rejection will remain in effect until the department is notified in writing of any change KRS 304.39-060.

Who pays medical bills after a car accident in Kentucky?

In most cases, the car owner only needs to notify their insurer and the insurer will pay medical bills and lost wages to anyone injured in the car. The insurer obligated to the person at fault for the accident will reimburse other insurance companies that made payouts through PIP policies.

Is PIP coverage mandatory in Kentucky?

At least $10,000 of PIP insurance is mandatory for all drivers, except motorcyclists, though you can typically purchase up to $50,000 from your insurer.