Medical Payments Auto Coverage
With all the bad winter weather and snow we have had in the past month it has come to our attention that many of our patient’s do not have what is called “Med-Pay” on their auto policies. This is a very important and vital coverage in the event that you are injured in a motor vehicle collision. Medical Payments Coverage (or as it is called “Med-Pay”) covers any individual in your automobile for injuries that occur due to a motor vehicle accident. Some of you may ask “Why do I need this, I have health insurance”?
Unlike health insurance, Medical Payments Coverage covers you treatments without deductibles, co-pays or limitations regardless of who is at fault for the accident. What is the cost of this coverage? Usually, you can buy increments of coverage from $5000 to $50,000 in $5000 increments. The cost of this is usually under $75 per year for about $25,000 of coverage. It is a coverage very few insurance agents discuss or sell to their police policy holders it can pay for emergency room, ambulance bills, as well as x-rays, MRI’s and other treatment costs. Please contact your insurance broker today to discuss obtaining Medical Payments Coverage on your automobile policy.