As if putting your life and limb at risk isn’t enough, a car accident can also cause big financial problems with property damage and medical expenses. That’s why motorists are advised to have medical payments coverage policies on their insurance.
What is Medical Payments Coverage?
Medical payments coverage takes care of any expense that might arise from a car accident. Especially with injuries, getting the medical assistance you need at the soonest possible instance is essential.
This coverage typically includes payments for the following costs:
- Emergency treatment
- Physical rehabilitation
- Dental care
- Funeral costs
Depending on your chosen policy, it may also include:
- Doctor’s visits
- Surgeries
- Extended hospitalization
- Ambulance fees
- Prosthetic limbs
- X-rays
- Chiropractic services
Do take note that this policy specifically addresses financial costs related to medical expenses. Anything outside of this will not be included, such as wages lost because of the accident. Any treatment injury unrelated to the accident, or replacement services like childcare, etc., won’t be counted as well.
Who is Included in the Coverage?
Another huge advantage of having medical payments coverage is that it can apply to all the individuals in your car at the time of the accident. They don’t have to be explicitly listed as a beneficiary in the policy to avail these benefits.
As long as they were with you in the car at the time of the accident, and suffered injuries because of it, they can get help for their medical expenses.
Do You Need Medical Payments Coverage if You Already Have Liability Coverage?
Auto liability coverage is mandated by law, whereas medical payments coverage isn’t. If you cause an accident, your auto liability coverage can help lessen the cost of what you need to pay for the other party’s medical bills. In turn, their liability coverage will take care of your medical expenses.
However, if you cause an accident and don’t have medical payments coverage, you’ll have to pay out of your pocket for your treatment. The same goes for all your passengers at the time of an accident.
How Does It Work?
Every medical payments coverage has limitations. You can choose the maximum amount your insurance company can shoulder when you get your policy.
If the cost of your medical bills exceeds your coverage, you’ll need to shoulder any amount that exceeds your policy. And while there’s no telling if and when you’ll get into an accident, having this coverage plan in place already provides some relief in getting you the medical help you need.
Get medical payments coverage in your auto insurance policy. Talk to professional agencies like Harvey Sarles Insurance Agency to get you started. With their 30 years of experience, you can look forward to efficient and reliable service.