MedPay Coverage Good Deal especially in Hard Times
Little known fact - you or your family will be in an auto accident once every five years. Resulting medical care and loss of wages and vehicle time averages approximately $10,000. The least expensive insurance is MedPay, or Medical Payments Coverage, and is an option on your automobile insurance policy. If you or anyone else gets hurt arising out of the use of your vehicle, the insurance company will pay medical expenses up to a certain dollar figure regardless of fault, including doctor, hospital, ambulance, and chiropractic bills. This coverage applies to all passengers in your car, and your family is even covered while riding in someone else’s vehicle. We recommend buying the maximum policy limits. Do not purchase one with a deductible nor any “excess” coverage, which requires you to prove you have no health insurance or other coverage. The cost for $100,000 is about $8 per month for you and your entire family, and coverage amounts are usually available in $1,000 or $5,000 increments.