When it comes to payments, there are few things scarier than medical bills. If you’re not careful, they can quickly skyrocket and destroy your finances. That’s why it’s important to carry auto medical payments coverage, or MedPay.
What does MedPay cover?
When people go and purchase auto insurance, they often only think about their vehicle. But your health is much more important than your car. To make sure that you’re covered for your medical expenses in the event of an unfortunate accident, you can buy MedPay.
Although it is similar to personal injury protection, it only covers accident-related medical expenses for you, your passengers, household members or other policy holders. It doesn’t matter whose fault it is for the accident. MedPay will cover you for:
- Funeral expenses.
- Injuries sustained by your passengers.
- Injuries you sustain as a pedestrian or bicyclist after a car hits you.
- Necessary dental care as a result of a car accident.
Different car insurance companies will offer different benefits and restrictions. That’s why you should always comparison-shop before signing anything. And also speak to your insurance agent to fully understand the details of their medical payments coverage.
This type of insurance is optional. Although your state may legally require it to be written into your policy, you can reject it in writing, if you don’t want it. Before buying MedPay, you might want to consider your current health insurance, your personal injury protection coverage, if you have any, and the cost of coverage.
If your health insurance already provides you with the coverage that you need for injuries suffered in a car accident, you may not need MedPay at all. But you can use it as a secondary insurance to your health insurance. In such a scenario, MedPay will cover you up to the limits written in your insurance policy, after your health insurance limits are met.
MedPay is one of the least expensive types of car insurance coverage out there.