 TITLE: What Is Accident Insurance? CONTENT: What Is and Isn't Covered Under Accident Insurance?\n---------------------------------------------------\nWith accident insurance, the policyholder pays a premium to unlock coverage that can help pay for treatment and replace lost wages. Every policy is different, but they all typically contain an outline of payout amounts associated with specific injuries. Before you sign up for coverage, be sure to read the fine print, ask questions and make sure you fully understand what's covered.\nAccident insurance tends to cover a wide spectrum of injuries, including burns, lacerations, fractures, concussions and dislocations. Covered services may also include emergency transport, emergency room or urgent care visits, hospitalizations, therapy services, surgery, and even medical devices. Generally speaking, payout amounts are higher for more severe injuries. For instance, you may receive $3,000 for a fractured hip, but only $300 for a fractured toe. Similarly, some insurance carriers will pay out up to $10,000 for widespread third-degree burns, but only $100 for localized second-degree burns.\nAgain, every accident insurance plan is unique and has its own terms and conditions. When shopping around for the right policy, take a close look at any exclusions. For example, you may be on your own if you injure yourself while on the job or while participating in an excessively risky activity—like drag racing or flying in a private plane with an unlicensed pilot. Injuries that occur while you're under the influence of alcohol or narcotics will likely be off the table, as well. END