Insurance helps protect against the unexpected. An injury can happen to anyone, anywhere, and at any time. Many times these injuries are caused by another person’s negligence, though sometimes they may be no one’s fault. Regardless, injuries often lead to financial crisis due to medical expenses, the inability to work, and damaged property. That’s why insurance exists. Insurance means that if you are at fault for another person’s injuries, the insurance company will be responsible for compensating the injured person for their expenses. There are many different insurance companies and policies. For example, there is car insurance, home insurance, and disability insurance. But all insurance is meant to pay for the unexpected.
Below we will discuss several types of insurances that cover injuries.
1- Total Disability insurance
This type of insurance will provide replacement income in the case that you lose your ability to work due to severe injury. Specific types of injuries and disabilities covered include the loss of limbs or eyes. These injuries not only cost a lot to treat, but change the way a person can function for the rest of their life.
2- Partial Disability Insurance
Partial disability insurance helps those who are still able to work, but only in a way that results in a loss of income. In this case, the insurance would cover the income you’ve lost due to your injury. Common injuries that result in partial disability include the loss of an eye, nerve damage, or knee injuries.
3- Car Insurance
Car insurance is required by law and ensures that people hurt in a car accident are able to financially withstand their injuries. The minimum required car insurance coverage will vary from state to state. Usually, car insurance covers both property damage and medical expenses. In some states, there is a no-fault system where you file your injury claim with your insurance company. In other states, you must file the claim with the at-fault person’s insurance company.
4- Home Insurance
Home insurance can pay for the injuries of people hurt on your property. For example, if you own a dog and it bites someone, your insurance could pay for the bitten person’s injuries. All homeowners should get both property and liability insurance for this reason.
Making an Insurance Claim
As you can see, insurance helps people pay for unexpected expenses of injury that they either caused or didn’t cause. Insurance policies will differ from company to company, and person to person. Thus, you should make sure to understand exactly what your policy covers.
In the event that you need to file a claim, the process begins by informing the insurance company about the event that happened to you and the exact date, timing, and details of the incident. Thus, make sure to keep your insurance company’s contact information handy. They will require your policy number and your case will be processed. In some cases, the insurance company may require medical tests to make sure that the insurance claim made by the person is authentic and real.