• Applicant Eligibility (See Section 18 of KAIP Manual for complete list)
  • Applicant unable to secure coverage in the voluntary market.
  • Vehicle registered in KY.
  • There is a duly licensed operator on the application.
  • Named non-owner applicants.
  • Multistate operations with headquarters based in Kentucky.
• Risks Not Eligible
  • Private passenger non-fleet (unless required by filing).
  • Miscellaneous non-fleet motorized vehicles that may or may not be registered

• Basic Combined BI and PD Single Limits – $60,000.
• Optional Available under the plan:
  • $125,000
  • $150,000
  • $325,000
  • $350,000
• Higher limits available if required by state or federal filing.
• PIP basic limits of $10,000 with $10,000 increments up to total maximum of $40,000.
• UM and UIM available at the standard limits specified in the manual.

• Applications not requiring filings or limits in excess of $350,000.
  • Applications delivered via USPS
    • Become effective at 12:01 a.m. on the day following the date of mailing as shown on the postmark.
    • If no postmark, effective 12:01 a.m. on the day following receipt by the plan office.
  • For later requested date – not to exceed 30 days.
• Applications requiring filings or limits in excess of $350,000.
  • Effective no earlier than 15 days following receipt of the completed application (accompanied by the prescribed deposit).
  • Exception is an applicant re-applying after completion of a 3-year assignment period.

All plans require 40% down to be paid to servicing carrier via certified check, bank check, or money order. Plans available as follows:

• Annual/Full Pay
• Single bill balance – remainder to be paid within 30 days of date of premium notice.
• Installments (40-30-30)
  • 30% due in 90 day increments based on effective date of policy.
  • $4 service charge per payment.
• Premium finance
  • 40% down.
  • A copy of finance agreement must be submitted with application.