Medical payments coverage is a type of coverage you buy and pay for through your own car insurance policy.
The unfortunate reality is that not all accidents are small fender benders, and there may be instances when you need coverage for medical costs quickly.
Essentially, medical payments coverage is the money you have paid for through your own insurance company. This money is available to you so that if you are injured in an accident, you immediately have money to pay for any medical coverage that you need.
Medical payments coverage pays medical bills and/or funeral costs if a covered driver and/or accompanying passengers are injured or killed while in an insured vehicle. This type of auto insurance coverage applies regardless of who is at fault in an accident.
Medical payments coverage may also cover policyholders and their family members when in others’ vehicles, or when policyholders and their family members are on foot and hit by a car. Covered costs are subject to the limits you choose when you buy your auto insurance policy.
I encourage you to take a look at your policy and speak to your insurance agent because it may be coverage that you wish to have. Typically this coverage is not very expensive but it is very nice to have if you have been injured in an accident and need funds immediately to pay for medical care.
This post was intended to provide general information only and is not intended as specific legal advice. You should not rely upon this information alone, but should consult legal counsel regarding the application of the laws and regulations discussed and as applied to your specific case or circumstance.