Insurance payments are a huge part of anyone’s monthly budget. It can be tempting to skimp on insurance coverage in order to save money. But when a serious car accident occurs, you will be grateful for every penny you spent towards getting top-notch coverage for yourself. Part of being prepared for the unthinkable is adding MedPay insurance to your automobile coverage plan.
What does MedPay insurance do?
MedPay stands for Medical Payments Coverage. MedPay isn’t a primary insurance plan by itself. Instead, it is added as a supplement to your existing health insurance plan.
Whereas regular car insurance covers the cost of damage to your car, the other driver’s car, and any other property damage caused by the crash, MedPay covers medical expenses that result from the crash. It can cover things such as x-rays, surgery, ambulance fees and sometimes even things such as prostheses.
One of the biggest reasons why MedPay is so important is that it doesn’t only cover you as the driver. It also covers any passengers in either car, as well as pedestrians who may have been injured by the crash.
It can become quite a complex process to figure out how to use your MedPay coverage when you need it. Often, it’s beneficial to hire an attorney that has experience negotiating with insurance companies in order to make sure that you are receiving the full benefit of the coverage that you are paying for.
Although it will add costs to your monthly insurance payments, and although it can be complex, MedPay coverage will be worth every penny when you need it most. It will allow you to recover, both physically and financially, from your crash with fewer headaches and less financial strain.