It's been said that a picture is worth a thousand words. Computer algorithms have been used for over a decade by insurance companies to evaluate the worth of auto accident claims. Now, new developments in artificial intelligence (AI) may soon take over one of the most critical jobs in the insurance industry: disaster damage and accident appraisal.
This is my first auto collision. What should I do about my medical bills?
You've been involved in a collision, and the insurance company wants you to sign a medical authorization form in order to gain access to your medical records.
Just because you are not working does not stop the bills from piling up. A primary concern after any accident is how to pay living expenses and medical bills when you are off work recovering from the accident.
Medical Payments (Med-pay) Coverage for Motor Vehicle Insurance
With all the available options when purchasing an auto insurance policy, it can be challenging to balance budget and economy with protection. In trying to save money, many people overlook the value provided by the purchase of medical payments insurance coverage (med-pay coverage).
When a traumatic event occurs, causing injury to another person, the at-fault party who is insured under a policy of insurance is required to notify their insurance company of the incident. A claims adjuster will be assigned to investigate and "adjust" the claim.