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Showing 1 post in Kentucky Motor Vehicle Reparations Act.
Kentucky Motor Vehicle Reparations Act: The Basics
Posted In Kentucky Motor Vehicle Reparations Act, Kentucky No Fault Insurance, Personal Injury Protection
Sometimes referred to the “No-Fault Act,” the Kentucky Motor Vehicle Reparation Act (“MVRA”) was enacted by the General Assembly in 1974 and ushered in great change in the Commonwealth’s motor vehicle insurance law. The MVRA, which is codified at KRS 304.39, consists of two main components: basic reparation benefits (“BRB”) and tort limitations. Below, some of the key tenets of each component are discussed. More >