Pay Medical Expenses With Liability Auto Insurance

If you cause an accident you are financially responsible for the victims’ medical and repair bills. Do not admit fault in the accident because your insurance company will do an examination on your behalf and determine fault and claims settlement. You are required by law to buy minimum limits of liability coverage that will help pay for the victims’ damages. That’s why it is so important to consider the potential exposure to your personal net worth when you are deciding how much liability coverage to buy. Find out how to pay medical expenses with liability coverage and if you want to know the prices, use our website and get online auto insurance quotes.

Liability coverage usually comprises of three coverage types: bodily injury per person, bodily injury per accident, and property damage. The first part deals with the amount an insurance company will reimburse a single victim injured in an accident you are responsible for. The second part deals with how much it’ll pay for all injuries happened to a certain accident. And the third part it deals with how much an insurance company will reimburse for property (not yours) that’s damaged by an accident you are responsible for. “Property” in this case usually refers to other peoples’ cars, but it can refer to other assets too, anything from houses to fences and poles.

Here are some of the costs the “bodily injury” portion of liability insurance provides coverage for:

• Emergency aid at the scene
• Medical bills, including those tied to rehabilitation efforts
• Long-term nursing care
• Sickness or disease that results from the accident
• Compensation for loss of income
• Funeral expenses

Most agents or other financial advisers will recommend you to buy as much auto liability coverage as you can comfortably afford.  That’s because the expenses related to car accidents skyrocket fast and they can go well past the minimum levels of liability coverage most states require.

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by Ciprian Gurgu