What is the benefit of having uninsured motorist coverage and medical payments on your auto insurance policy?

How does car insurance differ from state to state?

Some aspects of insurance coverage that can differ by state are: Auto Liability, Medical Payments, Uninsured Motorist, Rental Reimbursement and Emergency Road Services.

Does Liability insurance cover your medical or the person with you in the accident?

Liability covers the other person that you damage. Uninsured and under-insured motorist coverage carries those in your vehicle. Medical payments coverage covers everyone involved regardless of fault.

Understanding Uninsured Motorist Insurance In New Jersey?

New Jersey requires that drivers hold uninsured motorist insurance because of the number of drivers in the state who are on the roads without proper coverage. This type of insurance will cover the damages that are caused by another driver in an accident if that driver does not have insurance. Many insurers will also include coverage in the case of an underinsured driver who does have insurance but whose policy does not pay enough to cover the damages that are incurred. Uninsured motorist insurance will help to make up the difference in compensation between what a driver should receive and what the negligent individual can pay. It does not provide extra money above what the main insurance policy would normally pay. One of the key elements that can dictate whether a driver will receive money due to an accident with an uninsured driver is the issue of liability. New Jersey has comparative negligence laws in place. This means that the fault for an accident can be placed on more than one individual. The uninsured driver must be found to have a larger portion of negligence than the driver with insurance. If the policyholder is found to have the larger portion of fault in an accident then the uninsured motorist coverage will not be applicable. The actual definition for who is an uninsured driver in New Jersey is not always clear and can actually be applied to a broad range of individuals. A person is considered uninsured if they are not holding any liability coverage. A person can also be considered uninsured or underinsured if they have some form of liability coverage but the amount of the policy is not enough to pay for any damages that have been caused. Another definition for an uninsured motorist is a person who had insurance when the accident occurred but then subsequently had their claim denied so that no payments are made to the victim of the accident. Some situations can occur where the person who is at fault for an accident is not present after the accident or is completely unknown. Uninsured motorist insurance in New Jersey will pay for the damages that were caused by an anonymous individual if there is some evidence that the covered driver was not at fault. This can help a driver to regain the use of their vehicle quickly and pay for medical bills but can also lead to a long litigation process once the individual who caused the accident is found.

What kind of coverage does Hartford Car Insurance offer?

Hartford Car Insurance offers a wide range of coverage including: The usual Collision, Comprehensive, Glass, Towing & Labor, and Rental. It also offers: Bodily Injury Protection, Property Damage Liability, Uninsured Motorist Bodily Injury and Property Damage, Underinsured Motorists, Personal Injury Protection, Medical Payments

What kind of car insurance pays for your injuries when you're in an accident in your car?

Three types of auto insurance come to mind: medical payments (or personal injury protection), liability coverage and under/uninsured motorist coverage. Med Pay is coverage that protects the occupants of a car and pays medical bills up to the amount of the med pay policy limits. Liability coverage is the car insurance that pays on behalf of the at-fault driver. This coverage makes a lump sum payment to the injured person who is not at fault. UM coverage is owned by the injured person and pays them in cases where the at-fault driver does not have any insurance or does not have enough liability coverage.

What kind of auto insurance does Erie Insurance offer?

Erie Insurance auto insurance plans include coverage for bodily injury liability, medical payments, property damage liability, collision, comprehensive, and uninsured/underinsured motorists.

Should you have uninsured motorist property damage coverage?

Absolutely. If someone hits you without insurance this coverage will pay to fix your vehicle with a small deductible. The company will then pursue the at fault party until all the losses are recovered and then send you back your deductible. Usually they have to collect payments for years to collect all the damages. If you don't have UMPD coverage you will have to do that yourself. UM is well worth the premium. As a matter of full disclosure, I own and operate a small Independent Insurance Agency and have for the part 22 years. Before that I worked as an agent for a direct writer insurance company.

Who pays the medical bill if you are involved in an accident where the at fault party is uninsured and you don't have uninsured motorist coverage but you do have medical insurance?

This is a great question. My husband was hit by a car while on his motorcycle last June. He DID NOT have uninsured motorist on his bike and the woman had no insurance at all, so unfortunately we could not go after her for any money. He was in the hospital for one month, 8 surgeries and is still unable to walk like he used to and may never be able to. He lives in constant pain and because we did not have uninsured motorist coverage on the bike, we are at a loss. However, I am attempting to use my auto insurance to try to recoup some money. My husband's health insur. paid the hospital bill of over $300.000.00, but now has a lien on my home for the remaining balance of $165,000.00. My attorney is in negotiations to get that waived. We did recoup $25,000.00 from the owner of the car she was driving's insurance, but Blue Cross is taking that, we do not get a penney. My attorney never advised me to use my medical coverage of my insurance, so I don't know if that could help or not. Maybe I'll try that route too!! Hope I've been of some help. Check your auto insurance policy to see if you have medical payments that will pay your medical expense up to $ amount. If you do, then your insurance company will pay up to the $ amount. Or, if you do not have auto medical insurance, have your regular medical insurance pay. The person at fault needs to pay your bill. You need to take him to court and have his wages garnished for your bills. If that is not a possibility for you, then your medical insurance should cover it. Also, check with your insurance agent regarding the extra medical coverage you may have purchased along with your auto insurance policy. Most have some.

If a driver is uninsured and at fault can he make payments to the insurance company or does he have to pay the full amount?

All companys that I am aware of will accept payments.

How important is uninsured motorist coverage?

If you have medical insurance, Uninsured Motorist coverage is NOT important. Your medical insurance will already pay your medical bills. The only people that recommend this coverage are lawyers, insurance agents, and insurance associations. That is because they make money off of selling it to you. They will point out that this coverage also pays for lost wages and pain and suffering. That may be true, however many people have disability insurance through their employer. And do your really need insurance to protect you against pain and suffering? Do you carry insurance for pain and suffering caused by other things? (such as the death of a loved one?).. Then why would you pay for pain and suffering insurance in this case? And another thing, in order to collect anything under this coverage, you will NEED a lawyer. This is because in order to collect from your insurance, you must first sue the other driver, obtain a legal judgment against them, and then prove to the insurance company that the driver can not pay. In short, they make you jump through hoops in order to collect anything. So conclusion: this coverage is not important at all. Put the money towards medical insurance and disability insurance if you don't already have them because they are MUCH more important, and skip this coverage.AnswerReasonable minds might differ on this answer, and I adamantly beg to do so.First of all, many people do not have health or disability insurance for any number of reasons. One of the prime reasons for not having health insurance is the existence of a pre-existing which can preclude coverage, at least for a period of time. If a collision occurs in the interim and the individual is injured, they are out of luck. In contrast, there is no limitation on the availability of uninsured motorist coverage. As to disability insurance, the employers that offer it usually limit it to short-term disability coverage (such as 90-120 days); and individual disability policies are normally quite costly.Second, health insurance policies are subject to deductibles and co-payments. A deductible is the amount of expense that has to be incurred before the insurer's obligation to pay is triggered. A co-payment is that percentage of a covered expense that the insured bears responsibility for. For example, an 80/20 policy means that the insurer pays 80% of the covered expense, and the insured pays 20%. Although this general rule may differ when coverage is provided by a health maintenance organization, it is the rule with respect to more customary health insurance coverage. Likewise, a disability policy normally has an "elimination period". This is conceptually similar to a deductible, but measured in time rather than the amount of medical expense incurred.Third, and as suggested in the first answer, health insurance does not pay for lost wages or pain and suffering, which can be major elements of a claim from an auto collision. While attorneys representing injured people do get a portion of the recovery as part of a contingent fee, it is pure cynicism to suggest that as a valid reason to reject uninsured motorist coverage. If one is out of work for an extended period, living expenses continue to accrue and there must be a way to pay them. While Personal Injury Protection coverage ("no-fault" insurance) provides some benefits, those benefits are limited. Furthermore, if the injured person sustains a disablement that prevents him/her from working (at all or at the same level of earnings), uninsured motorist coverage may compensate for that loss extrapolated over the remaining life of the injured person.In sum, uninsured motorist coverage is personal risk management tool. It protects against injuries sustained by innocent (non-negligent) parties who are injured by the carelessness of persons who do not have liability coverage.It is well worth the expense. And no, I am not a personal injury lawyer.

Are payments made to an insurance company in return for coverage?

yes it is

What is the benefit of having uninsured motorist coverage and medical payments on your auto insurance policy?

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How can you get inexpensive motorcycle insurance that only pays out if you damage someone else and not for your own bike?