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Auto Insurance vs. Health Insurance: What Every Florida Driver Needs to Know

White car on a scenic road. Car on the road surrounded by a magnificent natural landscape.

Accidents happen.

Injuries, though, don’t always happen, and having to pay big money for them can be an unwelcome surprise. Medical expenses can add
up quickly. Combine that with car repairs and you can be in for financial ruin.  

When it comes to auto accidents and injuries, it can be challenging to know which insurance covers your situation.  That’s why cheap car insurance may not be the best car insurance for you nor provide the accident insurance plans you need.  There are wide variety of auto insurance options available, including supplemental accident insurance plans, from various car insurance companies you should know about.  Let’s dive in further to find out what the different insurance industry offerings cover.  Car insurance rates can vary drastically, so getting the cheapest car insurance takes careful consideration.

Do you use your health insurance? Do you use your personal injury protection? Can you use both?  Which insurance carriers should you consider?  And why?

How do you cover your medical expenses after an auto accident?  What exactly does an accident insurance policy cover and what doesn’t it cover?

Auto insurance vs health insurance is an age-old comparison. In this guide, you’ll learn about the benefits of both auto insurance and health insurance and why you need both to be fully covered in the event of a serious accident.

A Fiorella Insurance Agent can help you choose insurance that’s right for you.

Auto Insurance vs Health Insurance: A Quick Overview

First, you need to know what auto insurance and health insurance cover. Everyone’s car insurance and health insurance policies are different, but there are some common things that each of these types of insurance is used for.

Auto insurance is used to protect you in the event of a car accident. Depending on the coverage limits and policies you choose, your car insurance policy may cover anything from medical bills to property damage (which is an element of property insurance you need to consider) of someone’s vehicle to bodily injury of someone in another vehicle. Some auto insurance policies offer extended coverage options, like rental car and roadside service packages. You usually get to choose your deductible, depending on your car insurance company.

Medical Payments

Health insurance, on the other hand, covers medical expenses. After a deductible and copayments are met, your health insurance coverage will pay for doctor visits, hospital stays, and prescriptions. Depending on your policy limits, you may have a lot to pay out-of-pocket before
coverage begins.  Another principal difference between health insurance and car insurance is that car insurance is only necessary for the driver of the vehicle, while health insurance is required for everyone according to the Affordable Care Act passed during President Obama’s administration.

So, what do you do if you’re in an accident? Which policy should you have? What else do you need to know about auto insurance vs health insurance?

Auto Insurance vs Health Insurance: What You Need to Know

There are a few things you need to know about auto insurance vs health insurance when trying to decide which to purchase.

1. Auto Insurance is Required if You Own a Car in Florida

If you have a vehicle with four wheels in the state of Florida, you must have auto insurance on that vehicle. Florida requires a minimum of \$10,000 each in both personal injury protection and property damage liability insurance.

Your vehicle financing company may have higher limits, so check with them before getting an auto insurance policy. Some financing companies require you to have a low deductible, as well. Either way, double-check to make sure you get the appropriate level of coverage.

2. Health Insurance May Cover Some Medical Expenses

When you are in an auto accident, you can use your health insurance for any injuries you may sustain. You’ll provide that information when you visit the doctor or hospital after an accident. Health insurance isn’t required, but it’s a practical thing to have if you anticipate any healthcare issues.

You will still have to meet your health insurance deductible with your health insurance plan before your insurance company will start paying for your claims. You’ll also be responsible for any copayments or coinsurance that is due at the time of service.

But be aware that it can take a long time to sort who was at fault in the accident, and you are not guaranteed a payout. It’s best to forward copies of your car accident medical bills to your health insurance company as you receive them. If you do decide to file a liability claim to cover medical costs later, you may need to reimburse your health insurance company for any expenses they’ve incurred through a process called subrogation.

Additional Thoughts on Health Insurance

Ask yourself the following questions: How likely am I to get in a car accident that requires medical care? How generous is my health insurance plan? Would I be able to afford the medical expenses of a car crash if my health insurance did not cover them? Is the additional expense worth the peace of mind it provides?

3. Personal Injury Protection Will Cover Some Medical

Because personal injury protection is required in Florida, there shouldn’t be a situation in which you don’t have any medical coverage if you’re in an accident. Personal injury protection (PIP) will cover medical expenses, time off of work, and other related expenses.

Health insurance does not cover things like time off of work. This is where having both auto insurance and health insurance can be beneficial – you can use your health insurance for major medical issues stemming from an auto accident, then cover the deductible and copayments with your PIP coverage.

Auto Insurance vs Health Insurance: Do You Need Both?

The short answer to this question is yes.
However, that isn’t always the right choice so here are some things to keep in mind about auto insurance vs health insurance:

Deciding between auto insurance vs health insurance can be a challenge. If you can get both, definitely consider having more insurance than less with respect to these two types.

Auto Insurance vs Health Insurance: The Bottom Line

In an ideal world, everyone would have auto insurance and health insurance. However, if you have to choose between the two,
keep these three things in mind:

  • Auto insurance is required – if you’re going to own a car, you’re going
    to have to get insurance. There’s no way around it.  Remember cheap auto insurance may or may not meet your needs.
  • Health insurance is practical – medical expenses can snowball quickly.
    Health insurance ensures that you don’t pay a fortune out of pocket.
  • Personal injury protection will cover some medical expenses – if you need
    to increase any coverage, consider increasing your PIP coverage when

Choosing auto insurance vs health insurance doesn’t have to be a hassle. Read through this guide and make a financial plan in the event that you are in an accident. Choose coverage limits that make sense for your budget. A Fiorella Insurance Agent can help you.  Remember, cheap insurance quotes that fit your budget are our specialty.  We offer auto insurance policies from a wide variety of insurance carriers, such as National General, Infinity, Progressive, Mercury Insurance, Safeco, Foremost Insurance Group, Travelers, Windhaven Insurance, Dairyland Auto Cycle Insurance and Hagerty Classic Car Insurance.

Looking for Affordable Care Insurance?

Need help choosing the best auto insurance coverage for your family? Talk to Fiorella Auto Insurance Agency today for all of your auto insurance needs.  We specialize in Florida Insurance Policies.  You can also click here to dial our direct auto insurance phone number. (772) 283-003

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