Statutes, codes, and regulations
Kentucky Revised Statutes
Title 25 - BUSINESS AND FINANCIAL INSTITUTIONSChapter 304 - INSURANCE CODE
Subtitle 304.39 - MOTOR VEHICLE REPARATIONS ACT
Section 304.39-115 - Limitation on claim of loss of use of motor vehicle

Ky. Rev. Stat. § 304.39-115

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Current through Acts Received April 24, 2024
Section 304.39-115 - Limitation on claim of loss of use of motor vehicle

Loss of use of a motor vehicle, regardless of the type of use, shall be recognized as an element of damage in any property damage liability claim. Such a claim for loss of use of a motor vehicle shall be limited to reasonable and necessary expenses for the time necessary to repair or replace the motor vehicle.

KRS 304.39-115

Effective:7/15/1988
Created 1988 Ky. Acts ch. 18, sec. 1, effective7/15/1988.