Kentucky has started self-insuring state-owned vehicles and expects to save $750,000 a year by doing so.
The program took effect Saturday for 12,500 vehicles and pieces of equipment. The vehicles were previously insured through private insurers.
Gov. Steve Beshear’s office said the state is already self-insured for fire and tornado coverage, health insurance and workers’ compensation insurance for public employees.
Finance Secretary Lori Flanery said the savings estimate is based on historical accident reporting and claims compared to past premiums.
Copyright 2026 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Was this article valuable?
Here are more articles you may enjoy.
Are ‘Moderate’ Hurricanes Getting Squeezed Out of the Atlantic? 
State High Court Weighs in on Woman Taken for Organ Donation But Was Still Alive 
State Farm Agrees to $15M Settlement for Underpaid Vehicle Claims 
Hedge Fund Money Is Reshaping a 180-Year-Old Insurance Model 
