Accident Health Insurance
Reader’s Question:
I just watched the news today and I saw that someone got really hurt in a car accident. The poor guy driving the minivan was shown all in bandages and his face was a mess. It would probably have cost a small fortune to pay for the hospital bills.
So I’ve been thinking: what if I get into a car accident and someone gets hurt? Will accident health insurance cover the medical bills if it’s my fault?
Jill
Atlanta, GA
A decent insurance company will definitely cover for accident health insurance. They’ll live up to their responsibilities and will make sure that you don’t have to worry about medical bills, even if it is you who’s the one at-fault in the accident. However, getting into accidents is one of the most expensive ways to raise your premium. You can expect it to go up by at least 40% because you got in an accident that was your fault. That’s just the way auto-insurance goes.
Just make sure that you understand everything in your insurance contract down to the letter. A not-so decent insurance company will look for legal loopholes to get around the situation rather than pay up. These are the shady types of companies that trade money for client trust, so be very careful with the contract. If ever you get into an accident and the insurance company doesn’t pay up or pays less than what you expected, read the contract carefully and seek legal advice if you think something’s not right. It’s the easiest way to make sure that everything’s in order.
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