Whether you were at fault or not in a car accident, sustaining an injury can be physically, financially, and mentally draining. Car accidents nowadays are almost inevitable and individuals who live in an overpopulated area are even more prone to car accidents. Therefore, it’s ideal to get car insurance, so you can drive stress-free, and it’s more calming when you have a qualified lawyer in your sight in case an unusual situation occurs. For instance, if you’re a resident of the most populous county in New Jersey, getting a car accident lawyer in Bergen County, NJ will help you find a reasonable outcome in a professional and legal manner.
However, merely getting insurance for your car isn’t enough. You also need to be aware of the different types of car insurance in order to keep your expectations clear regarding the payment of medical bills. Read below!
Liability Insurance Coverage
If you were at fault for a car accident, the liability insurance coverage will only cover the other person’s expenses related to car and medical. You will have to bear your own medical or any other accident-related expenses yourself. One of its types is “property damage liability” which covers the bills of the other person’s car, such as maintenance or repair expenses.
Whereas, “bodily injury liability” covers the medical expenses of the other individuals caused by the accident. It’s important to keep in mind that if several people were injured in a car due to your fault, the liability insurance coverage will pay up to your policy’s amount. The rest will be paid out of your pocket.
Full Coverage Auto Insurance
The other type is full coverage auto insurance, which is a bit more expensive than liability insurance coverage, as it covers all your and the victim’s medical and car expenses caused by you.
Its “bodily injury liability” has the same policies as the liability insurance coverage, so you have to be aware that your insurance won’t cover the medical bills more than your insurance coverage amount.
Till now, we have discussed the situations which were supposedly your fault. But what if it was “no one’s” fault? Personal Injury Protection (PIP) and Medical Payments Coverage (MedPay) are the solutions.
What is PIP and MedPay Insurance Coverage?
PIP insurance coverage is a policy that you can benefit from if you are a resident of a no-fault state. In a “no-fault” state, the “at-fault” party becomes irrelevant. You and the injured party will be covered for medical expenses, funeral expenses, and any lost income no matter whose fault it was.
Although MedPay insurance is like a PIP in its nature, medical payments coverage doesn’t cover the bills related to mental health, and it’s less expensive as compared to PIP.
Both car insurances cover the passengers as well, so you don’t have to worry about the rest of the injured individuals’ medical expenses.
The Bottom Line
Knowing the details regarding every type of car insurance can help you take rational action in case of an accident. It will also allow you to have knowledge regarding how much you will be paying out of your pocket for your and the injured persons’ medical bills whether at-fault or no-fault scenario.