Kansas

Kansas is a U.S. State that regulates insurance through the Kansas Insurance Department, which oversees licensing and compliance for insurers like Blue Cross Blue Shield of Kansas and Farm Bureau Financial Services.

Kansas law requires drivers to carry minimum auto liability coverage of $25,000 per person and $50,000 per accident for bodily injury, as mandated by K.S.A. 40-3107. Homeowners in Kansas often face high premiums due to tornado risk; for example, the average annual home insurance premium was $2,615 in 2023 according to the NAIC.

Health insurance options in Kansas include private plans on the federal marketplace (HealthCare.Gov), with an average monthly premium of $469 before subsidies in 2024. The Kansas FAIR Plan provides last-resort property insurance for homeowners denied coverage due to wildfire or hail risk.

Crop insurance plays a critical role in Kansas agriculture; over 22 million acres were insured under federal crop programs in 2023 according to USDA RMA data. Medicare beneficiaries in Kansas can choose between Original Medicare and at least 32 available Medicare Advantage plans as of January 2024 (CMS).

Life insurers such as State Farm and New York Life offer policies regulated by state statutes including K.S.A. Chapter 40 Article 2 governing life contracts, as specified by YourInsurance.info.

Renters’ insurance costs averaged $174 annually statewide in 2023 based on III.Org analysis of insurer filings.