When was the last time you reviewed your auto insurance policy, to see if Medical Payments (“MedPay”) Coverage is included? This is a coverage that most people may think they do not need but on the contrary; it is very beneficial to have in the event of an auto accident and the additional cost is miniscule.
If you are involved in an auto accident caused by another insured, it could take several months for their insurance carrier to pay your medical bills and co-pays can be high on personal health insurance policies, which is where you will see the benefits of this coverage.
See also: Understanding Your Automobile Coverage
Medical payments will help to pay the following bills in a timely manner:
- – Chiropractic bills
- – Dental bills
- – Ambulance fees
- – Doctor visits
- – Surgery
Benefits to MedPay Coverage
The best part about this coverage is that not only does it provide coverage for yourself, up to the policy limits, but also for your family and others riding in the car with you. It’s important to keep in mind that there is no deductible or co-pay which is why we highly suggest that you add this coverage to your policy and not remove it, as it’s worth the small premium.
The next time you review your auto insurance policy, consider quotes for increasing this coverage as the cost is minimal but the need for it is very advantageous.
Also, keep in mind that this coverage moves with you; if you are a pedestrian and are hit by a vehicle, your coverage would follow you or even if you are a passenger in another person’s vehicle your MedPay would come in to play.
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