Dollar a day car insurance is a special automobile insurance policy that has been designed to cover drivers that due to financial constraints, end up uninsured. Those eligible for this insurance are those drivers enrolled under the federal Medicaid program with hospitalization. It is available for drivers in New Jersey.
The reason why it is called a dollar a day is that it cost $1 a day or a total of $365. However, when you pay the whole amount up front you get to pay $5 less making it $360. This policy should be considered as a last resort because it covers only treatment. Property damage and injury to a third party are not covered.
Advantages of Dollar A Day Car Insurance
- It is cheap and affordable to most drivers under the Medicaid program
- In case of death in an accident, it provides a $10,000 death benefit that helps cover funeral cost
- If the driver suffers a catastrophic injury like a spine injury, they get medical coverage of up to $250,000.
- It provides $15,000 for emergency care.
- It allows the driver to drive legally and avoid losing their car.
- List item
- List item
- List item
How to get a dollar a day car insurance?
There are several requirements that a driver must meet to enroll in this insurance. To qualify to meet the following:
- A valid driver’s license
- Medicaid with hospitalization
- Must not have any car insurance
- Vehicle registration
- The premium paid annually or semi-annually
- Driver must be of limited income
If you have met the requirements above, you can contact most of the insurance agencies. They will check whether you meet the threshold necessary. Once you get the coverage, you are covered in the following:
- Emergency room treatments for up to $250,000
- The death benefit provided as $10,000 for funeral expenses
- $250,000 of an ongoing brain or spinal injury expenses if they are accident-related
However, it does not cover liabilities that are offered by other standard insurance coverages. Some of the instances not covered by a dollar a day insurance; damage to another driver’s car, cost of injuries to the driver of another car, and the cost of repair and replacement to your car in case of collision.
Getting this coverage is as easy as making a call to the nearest provider in your state. Call the provider on the phone and they will start your application paperwork.
5 Company names for 5 States that offer this package
In a nutshell, find below 5 company names in top 5 states in USA who does offer flexible packages:
|STATE NAME||Option A||Option B||Option C||Option D||Option E|
|N J||Farmers Insurance Company||NJM Insurance Group||Deswert Insurance||Amica Mutual Insurance Company||Freeway Insurance|
|NEW JERSEY||State Farm||Progressive||Esurance||Liberty Mutual||Geico|
|MARYLAND||First Insurance Group of Maryland||Maryland Auto Insurance Company||Maryland Insurance Services||State Auto Insurance Companies||GEBCO Insurance|
|BALTIMORE||Baltimore General Auto Insurance Company||Baltimore Liability Auto Insurance Company||Cheap Car Insurance Baltimore||Goad Insurance Agency||Progressive Auto Insurance|
|VIRGINIA||Alexandria Liability Auto Insurance Company||Riverland Insurance||Direct Auto Insurance||Virginia Insurance Group Inc.||Auto Insurers of Virginia|
Dollar a day car insurance was designed to help drivers on the Medicaid program with hospitalization. The drivers under this Medicaid cannot afford to procure the standard insurance coverage. They however need to be assured of medical cover in case of an accident. Any uninsured driver in New Jersey and cannot afford standard insurance should apply for this coverage.
The drivers can get crucial medical coverage for a premium as low as a dollar a day.