Kentucky Insurance Rates

By Stephanie Stang | 

The next insurance bill you pay may be a little higher. Insurance rates are on the rise in Kentucky. Last year Kentucky had the highest number of weather damage claims in the nation, causing premiums to go up this year. Insurance companies estimate they lost over 800 million dollars. In addition to the bad weather companies say bad stock market investments and high re-insurance costs have caused rates to increase. Salesmen don't expect the rates to decrease if they even taper off.