Houston Car Accident: Types of Motorist Insurance Coverage You Should Have! [Part B]
Underinsured motorist coverage (UIM) is similar in premise to uninsured motorist insurance coverage. UIM protects you in the event you are in a Houston car accident with a driver who, while they have insurance, does not have enough to cover costs of the accidents.
If you get in an accident, and the at-fault driver doesn’t have enough insurance coverage to pay for damages, repairs, and any medical bills, UIM coverage will pick up the difference. UIM coverage is just another way to protect your finances in the event of a car accident.
Medical Payments Coverage
Medical payments coverage is a type of motorist insurance coverage that covers medical costs only. You may think that just because you have regular health insurance you don’t need medical payments coverage on your auto insurance; however, that’s often not the case.
Medical payments coverage, unlike typical health insurance, covers the medical bills of any passengers involved in a car accident, including those in your car, if you’re a passenger in another car, or if you're hit by a car as a pedestrian. Oftentimes, medical payments coverage will cover the deductible costs required by health insurance plans.
Gap insurance is a good type of coverage to have if your car is fairly new or you're still making payments. In the event that your car is totaled in a car accident, gap insurance covers the difference between what the car is worth and what you still owe.
In order to ensure you and your family are properly protected in the event of aHoustoncar accident, it’s important to know what motorist insurance coverage options are available and which could best serve your needs. The right combination of insurance coverage could mean the difference between financial stability and crippling debt if you or a family member is involved in a car accident.
Contacting a Texas Injury Lawyer
Were you injured in an auto accident? Contact a personal injury attorney at the Kahn Law Firm to ensure you receive compensation toward medical bills, damages, and repairs. Call 713-226-9900 or 844-301-KAHN to begin discussing your case today.