When you buy a vehicle from Champion Mazda, you need to seriously think about which insurance coverage to choose. Whether you’ve just moved to Kentucky, have never bought a new car before, or just want to know all of your options, we can tell you everything you need to know about Mazda car insurance and how to protect your vehicle.
What’s Mandatory?
Like many other states, Kentucky has its own mandatory minimum insurance coverage. You need to have liability coverage, no matter what.
This covers you for damage done to the property of others and protects you if you’re in an accident that harms another person. This is far from the only type of insurance coverage though.
Other Coverage
Other types of insurance coverage include:
- Collision: this type of coverage pays for repairs to your vehicle after a crash.
- Comprehensive: this coverage can help you pay for repairs if something other than a crash damages your vehicle. If your car is vandalized, damaged by fire, or hits a large animal, this coverage kicks in.
- Uninsured and underinsured motorist: this protects you if you are hit by another driver who lacks adequate coverage or any insurance at all. This coverage helps with medical bills for you and your passengers if the uninsured driver is found to be at fault.
- Gap insurance: new cars can depreciate rapidly once they leave the lot, meaning that at certain points in your loan term you may owe more on a vehicle than it is actually worth.
If your car is totaled, your payout may not cover the entire loan balance you have remaining. This coverage helps with that “gap,” making it a wise addition to your policy if you’re financing a new car.
Our Mazda dealers in KY would be happy to help you if you have any more questions about our Mazda vehicles and insurance requirements. We look forward to assisting you!
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