Can you have more than one accident insurance policy?

Can You Have More Than One Accident Insurance Policy?

Accidents are unavoidable, but many people are still hesitant to buy insurance. The fear of not being able to get a policy when they need it is understandable. It is possible to have more than one accident insurance policy because they are different in their coverage, pricing, and claims process. The main difference between the two policies would be the amount of insurance that you pay for and the length of time you have to wait before filing a claim.

What is Personal Accident Insurance Car Rental?

Personal Accident Insurance (PAI) for car rental is a type of insurance coverage offered by rental car companies as an optional add-on to their standard rental agreements. PAI provides coverage for medical expenses, accidental death, and/or disability benefits to the driver and passengers of a rental vehicle in the event of an accident. This coverage is designed to supplement any existing personal insurance policies and may provide financial protection for expenses related to medical treatment, lost income, or other related costs. The specific terms and conditions of PAI coverage vary depending on the rental car company and the specific policy purchased.

How Does Car Accident Insurance Work?

Car accident insurance is a type of insurance that covers you in case an accident happens and you are driving a car. It covers the cost of repairing the vehicle, medical bills, and other expenses. Car accident insurance companies will ask for your personal information when you purchase their coverage. This information is used to calculate your premium and determine how much coverage you will receive if an accident happens. The following are some common types of coverage:

Property damage liability

Medical payments

Personal injury protection.

Do I Need Accident Insurance?

Yes, as per the India Motor Tariff 2002, it is mandatory to purchase a personal accident cover. The car owner car can purchase this policy with third-party liability cover as well. A personal accident policy covered in Motor Insurance is a facility for the owner-driver. It is a compulsory extension to be taken by the owner of the vehicle under the Motor Policy, whether you are opting for a Comprehensive Package or Third Party Liability Policy.

What to do After Car Accident Insurance?

The first thing you need to do after a car accident is to call the police. They will come and investigate the accident. If you are in an area where there are no police officers, then call the ambulance service.

If you have any injuries, then see a doctor as soon as possible. The doctor may recommend you to go for a CT scan or MRI scan of your head if your injury is on your head.

After that, contact your insurance company and file an online claim if possible to get the process started. You can also go into an insurance company office or call them up on their helpline number for this purpose.