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Tuesday, 30 August 2016

When to Get Car Insurance With Medical Benefits

When to Get Car Insurance With Medical Benefits

At first glance, car insurance and health insurance are two different products entirely. Your car insurance pays for damage to your vehicle (or other people’s vehicles), and your health insurance pays for doctor visits and hospitalization. But what if you’re injured in a car accident? When you get car insurance quotes, you can choose types of coverage that can help with medical bills from a car accident.

If you get car insurance with medical benefits, you can supplement the health insurance you already have, but you could also duplicate it. Before you buy an auto insurance policy, it’s important to know what coverage you already have and what you need.

Auto insurance for medical bills
Liability, comprehensive and collision insurance won’t cover your medical expenses from a car accident, but the following coverages will:

Medical payments. This coverage — also called MedPay — is available in most states and is required for drivers in Maine and for those in New Hampshire who purchase insurance. Policies cover injuries to you and your passengers in an accident, regardless of who is at fault in the accident. They also cover injuries you suffer while riding in someone else’s car, or if you’re hit by a car as a pedestrian or cyclist. In some states, MedPay can cover your health insurance deductible and help with co-pays, as well as dental and chiropractic services. But keep in mind that MedPay coverage tends to have low limits — often $10,000 or less.

Personal injury protection. Also known as PIP, this coverage is required in about a dozen states and is offered in about ten others. Like MedPay, PIP covers you and your passengers in an accident, even if you caused it, and it follows you when you’re in another person’s car, bicycling or on foot. Although it tends to cost more than MedPay, it typically has higher coverage limits and often includes things your health insurance might not, like lost wages, services you may need, such as child care, and funeral costs.

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