Personal auto insurance is based on the premise of protecting the driver from monetary losses due to at-fault accidents. However, with the world changing and new types of programs in both health and personal insurance can make a difference in relation to what coverages persons need or want in their personal automobile insurance. The main coverages in auto insurance that could be considered a duplicate coverage is the personal injury protection (PIP coverage) or medical payment coverage that is required in most States in some fashion, towing, and rental reimbursement (Liberto, 2007; National Association Of Insurance Commissioners, 2006).
Many drivers believe that PIP coverage is duplicate coverage and to a point they are right in their assumption. The fact of the matter is that most personal health insurance plans will cover the injuries of the person. While the health insurance does not protect anyone but the policyholder or the others on the policy, most people now have individual health insurance which can make the personal injury protection seem duplicated.
This is not exactly accurate, because personal injury protection also covers lost wages, death coverage, and reduces the chances of legal proceedings (Liberto, 2007; National Association Of Insurance Commissioners, 2006).
The Term Paper on Personal Health Records
Abstract A personal health record (PHR) is a universal tool that consists of a comprehensive database of an individuals health documents. Personal health records are available in a variety of platforms, such as paper, the internet, personal computers, and portable devices. This paper describes the contents included in a personal health record as well as the steps to putting together a personal ...
This coverage is regulated by each State’s Insurance Administration and is truly expected to help alleviate court battles and create a better claim processing service for all insurance companies. As for towing coverage and rental reimbursement, other programs such as AAA or programs through automobile dealerships offer the same coverage.
While there is usually a cost associated with these coverages, they are generally equivalent across the board. This means that consumers must truly understand the coverages they have through these other companies (National Association Of Insurance Commissioners, 2006).
As with any purchase, research and knowledge is important. The savvy consumer will look at all the options and ask questions to better understand the product or service they are purchasing. Sometimes the duplicated coverage is really what is needed, because in actuality the coverages are not equal but similar.
