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Double Indemnity Accidental Death in Car Insurance Coverage

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Here's what you need to know...
  • Car insurance companies do not offer double indemnity accidental death coverage
  • Life insurance policies offer that option
  • It is in your best interest to review all your insurance policies, including life and vehicle coverages every six months to make sure your needs are being met

In most cases, car insurance policies do not have double indemnity clauses associated with them. However, some life insurance policies do offer double indemnity clauses for accidental deaths.

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Does car insurance have double indemnity accidental death coverage on liability?

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No, liability car insurance policies do not include accidental death coverage on the policy. Liability policies are designed to pay out if you destroy someone else’s property in an accident and are at fault.

In most cases, it will also pay if someone is injured during the course of that accident. The amount that is paid out depends on your insurance and where you have set your limits.

Death is something no one wants to think or talk about, but it is an important factor to plan for in life. Automobiles are a leading cause of accidental death, especially among teen and young drivers.

This is why it is extremely important that, at the most basic level, all drivers have auto insurance.

Auto insurance policies do not have the double indemnity accidental death insurance because that is normally something most people carry on their life insurance.

Double indemnity clauses often pay out twice the amount if someone is killed in an accident. This is used to protect your family and loved ones if you suddenly pass away.

Does car insurance have double indemnity accidental death on full coverage policies?

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Full coverage car insurance is designed to protect your property and yourself regardless of who is found at fault in an auto accident. Depending on the type of coverage, and if your policy carries medical coverage, it may protect you and your passengers if you are injured.

However, full coverage does not offer the double indemnity accidental death coverage. Double indemnity clauses normally pay twice as much as your regular life insurance.

Since the leading cause of accidental deaths is car accidents, it would be too risky and simply not profitable for car insurance companies to offer the double indemnity accidental death option to their clients.

This is why many life insurance policies give the option to include this type of coverage to their clients.

Individuals who want this type of coverage are encouraged to contact their life insurance agents and check their policy to see if they already have this coverage and if their life insurance company offers it.

While death is extremely hard to talk about, it is always best to be prepared for the worse so that you know that your family will be protected in the event of your death.

Does car insurance offer double indemnity accidental death to protect my family?

No. Your auto insurance policy does not offer the double indemnity accidental death coverage in order to protect your family if you are killed in an accident.

To reiterate, double indemnity accidental death coverage pays twice the amount if you are killed in an accident. For example, if you had $50,000 worth of life insurance and you died in a car accident, your beneficiary would receive $100,000.

Here are a couple reasons car insurance companies don’t offer this benefit:

  • If a car insurance company was to offer that, and cover normal everyday fender-benders, they would have to increase the rates to cover their losses.
  • Another reason, car insurance companies do not offer this type of coverage is that many people already have it with their term life insurance policy.

It is always wise to check with your life insurance agency to find out if the double indemnity accidental death is on your policy, or if it is even an option for you to have.

It is best practice for an individual to review their auto, health and life insurance policies at least every six months to ensure that they are continuing to meet that individual’s needs.

After you have talked to your agent and looked over the policy it is best to go and compare auto insurance quotes with other companies. This way you can make sure your needs are continually being met and that you are getting the best rate available to you in your state.

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