Accidents are unplanned. If you find yourself in such a situation, you count on accident insurance to help you cover these unexpected bills. Personally I believe this is one of the best kept secrets today in the insurance business.


This type of insurance began to exist in the end of the 1800s. Since there were many accidents in English railways, a local company started to sell policies in order to insure the lives of passengers traveling by train and provide compensation in the event of injuries. They insured even those passengers traveling on third-class tickets and boarding the roof of the train!

Today the market has changed but the spirit remains the same. Coverage is both for medical and non-medical expenses. Medical expenses include copayments, deductibles, and annual maximums, while the non-medical expenses cover rent (or mortgage), groceries, car payments, and even child care. If you are away on travel, you may also have transportation too — including airport transfers, airfare, and so on. If you are already insured, you can have you pay lower premiums too. Some companies also include a wider coverage such as physical therapy, chiropractor, and — surprisingly — even dental treatment.

In many cases where people have their finances already stretched, that week or month without working ¬— and without payment — is the difference between an apparently normal life and financial ruin. If you consider that the average hospital stay length is 5 days and it costs over $10,000, and also that 69% of Americans have less than $1,000 in savings, then you have a perfect storm brewing. Think of accident insurance as an additional financial protection layer for you. In fact, the way some companies work is very simple: you will receive a lump-sum payment in the event of an accident, paid directly to you, and you can use the money in any way you prefer.

There are three types of risk profiles. Low risk profile occupations, such as white collar professions like lawyer, banker, or any type of office worker with a low chance of having a physical injury. You can also have an intermediate risk profile, such as a blue collar worker such as a builder, engineer, tradesman, contractor, or anyone who works outdoors with a higher chance of having a work-related injury. And you could be a high risk profession, such as a miner, construction worker, electrician, oil field worker, these are all dangerous environments where you could have serious injuries due to the nature of your work.

In other words, in case you have an emergency, then your insurance will cover the financial part and leave your brain free to fully recover your physical and mental health. You and your family will be protected against financial issues during the recovery period.

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Personal Injury LawyerAfter being involved in an accident, most people find themselves overwhelmed by a handful of inconveniences. Besides the financial losses you’ll likely suffer as a result, you also have to deal with the injuries you might have sustained. And as you well know, getting hurt in an accident will not only cost you money, but also force you to spend time away from work. Although retaining the services of a personal injury lawyer will not undo the damage, there are some good reasons why you might want to consider doing it.

Knowledge and Experience

If you’re like most people, you’re likely unfamiliar with the legal procedures required when making a claim. More specifically, you’ll probably not know which documents you need to file, how to complete forms properly, as well as matters concerning the statue of limitations. And as harsh as it sounds, the parties you’re seeking compensation from will inevitably spot the gap in your legal expertise and take advantage of it.

So rather than take risks by handling injury claims on your own, why not partner with a good attorney. Having served many other clients, they will understand how to navigate through the legal system and how to deal with the other parties as well. This means you won’t lose out on what you’re entitled to as a result of technicalities and small errors.

Thorough Investigations

Gathering all the information you need to negotiate a fair settlement is practically impossible if you don’t have enough resources. Even if you do, trying to take on the case on your own will take up too much of your time and effort. Besides, the fact that you’ve just been involved in an accident means you’ll be left with lots of mental and emotional pain, which makes it hard to maintain objectivity.

Hiring a personal injury lawyer would thus be your best bet when it comes to building a solid case. Usually, attorneys work with a handful of investigators who know how to sift though documents and find all the crucial details. Entrusting a good lawyer with your case can not only save you lots of headaches, but also help you gain better leverage for the legal process.

Peace of Mind

Complicated medical and legal procedures, as well as lots of paperwork, are just but a few of the elements that characterize personal injury cases. There’s also the stress of dealing with lost wages and high medical fees as a result of the accident. So why not consider having a lawyer by your side during this difficult time? Your attorney will not only do their best to ensure everything proceeds smoothly, but also give you the peace of mind you so badly need.

Handling all the inconveniences and financial worries that crop up after getting involved in an accident can be daunting. Fortunately, having a professional by your side can help you through the process of making injury claims. So even if you’re not sure if you have a good case, get in touch with a personal injury attorney and set up an appointment as soon as you can.

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