Accident Insurance Plans for Individuals & Families

Sometimes life can throw us a curve ball. Be prepared for the unexpected with Accident Insurance to protect yourself from life's unforeseen surprises. Enter your zip code below to get a free Accident Insurance quote.

See How We Can Make a Difference For You...

What do you get with Accident Insurance?

Accident insurance is a type of supplemental insurance policy that provides a lump-sum payment or reimbursement to the policyholder if they suffer injuries as the result of a covered accident. Unlike traditional health insurance, which covers medical bills and treatment costs directly, accident insurance is designed to help individuals cover the out-of-pocket costs that may arise due to an accident, such as co-pays, deductibles, lost wages, or other non-medical expenses.

Benefits of Accident Insurance

Affordability

Accident insurance tends to have lower premiums compared to other types of insurance, making it an attractive option for those seeking extra protection without a high cost.

Income Protection

In cases where an accident leaves someone unable to work temporarily, the payout can help cover bills and living expenses.

Peace of Mind

Accident insurance provides peace of mind, particularly for individuals with high-risk jobs, athletes, or those with active lifestyles.

Example of how Accident Insurance Works:

Imagine someone has health insurance with a $1,500 deductible and a 20% coinsurance for medical expenses. After a car accident, they require surgery costing $10,000. Health insurance may cover most of the cost but still leave the individual with out-of-pocket expenses (deductible + coinsurance). If they have accident insurance, the policy might pay a lump sum of $2,500 to help cover these out-of-pocket expenses and any other financial burden.

Type of Expense	Amount ($)
Surgery cost	10,000
Insurance Deductible	1,500
Coinsurance (20%)	1,700
Out-of-Pocket Expense	3,200
Accident Insurance Payout	2,500

Type of Expense

Amount ($)

Surgery cost

10,000

Insurance Deductible

1,500

Coinsurance (20%)

1,700

Out-of-Pocket Expense

3,200

Accident Insurance Payout

2,500

Shop Plans

Accident Insurance FAQs

What does accident insurance cover?

Answer

Accident insurance typically covers injuries resulting from accidents, such as fractures, dislocations, concussions, and hospitalizations.
How is accident insurance different from health insurance?

Answer

Accident insurance provides a lump-sum payout for covered injuries, while health insurance covers medical expenses like doctor visits, hospital stays, and treatments.
Can accident insurance be used to cover non-medical expenses?

Answer

Yes, the payout from accident insurance can be used for non-medical expenses like rent, groceries, and other living costs.
What does Accident Insurance Not cover?

Answer
- Pre-existing conditions or illnesses unrelated to accidents
- Injuries due to risky activities not covered by the policy (e.g., extreme sports may require a special rider)
- Routine medical expenses or preventive care
Who should consider getting accident insurance?

Answer

People with high-risk jobs, athletes, active individuals, or families who want extra financial protection in case of unexpected accidents should consider accident insurance.

Can’t find the answer to your question?

Give us a call at (855) 332-3821, click on the chat widget or send us an email

Get Started on a Quote

Lines of Coverage

Resources

Quote Type

Medicare

Additional Costco Services

Accident Insurance Plans for Individuals & Families

What do you get with Accident Insurance?

Benefits of Accident Insurance

Affordability

Income Protection

Peace of Mind

What are the Key Features of Accident Insurance?

Example of how Accident Insurance Works:

Accident Insurance FAQs

What does accident insurance cover?

How is accident insurance different from health insurance?

Can accident insurance be used to cover non-medical expenses?

What does Accident Insurance Not cover?

Who should consider getting accident insurance?

What are the Key Features of Accident Insurance? Accident insurance provides an added financial safety net, especially for those who may be prone to accidents or work in environments where accidents are more likely.
Coverage for Accidental Injuries Accident insurance typically covers a wide range of injuries caused by accidents, including: Fractures Burns Dislocations Concussions Cuts requiring stitches Torn ligaments Hospitalizations due to an accident Lump-Sum Payment If the policyholder has a qualifying injury from an accident, they receive a fixed payment based on the type and severity of the injury. The amount is predetermined by the policy and not directly tied to actual medical expenses. Flexibility in Use The payout from accident insurance can be used however the policyholder chooses. This may include: Covering out-of-pocket medical expenses (e.g., co-pays, deductibles, or medications) Paying for non-medical expenses, such as rent, groceries, or childcare, if the person is unable to work Other unforeseen costs like transportation or rehabilitation Types of Accidents Covered The scope of coverage varies by policy but generally includes: Car accidents Slips and falls Work-related accidents (outside of workers' compensation) Sports injuries Injuries from recreational activities Accidents at home
Get A Quote