What is an Accident?

In insurance, an accident is an unexpected, unforeseen, and unintended event resulting in property damage, injury, or loss. It is an incident that occurs without deliberate intent, often causing harm or damage that may be covered under an Insurance company.

For instance, in auto insurance, a traffic accident could refer to a collision involving a motor vehicle, which results in damages to the vehicle or severe injury to the driver or passengers. In health or life insurance, an accident could refer to an unexpected event, like a fall or injury, which results in medical expenses or death.

The specific definition and coverage of an accident can vary depending on the terms and conditions of the insurance company. Some insurance policies may cover all accidents, while others may exclude certain types of accidents or incidents considered preventable or foreseeable. Therefore, policyholders must understand what their insurance company defines as an accident to know what is covered.