In most states where it’s offered, MedPay is optional, so you might not be legally required to carry it. If you reject medical payments coverage, you may be required to complete a form to confirm you’re rejecting it. Whether or not you choose to carry MedPay insurance can depend on what your personal needs and health insurance circumstances are. For example, if you have a high-deductible health insurance plan, it may be best to carry enough medical payments coverage to handle the deductible if you or your family members are injured in an accident. If you don’t have health insurance, you should strongly consider carrying medical payments coverage with a higher limit to give you peace of mind and help avoid the financial burden of high medical expenses.
What are the limits of medical payments coverage?
When adding MedPay to your auto policy, you choose a coverage limit, which will determine how your premium will be impacted. A typical personal auto policy will have medical payments coverage options anywhere from $1,000 to $100,000. For the states that require medical payments coverage, the minimum limit required may be higher than $1,000. The limit you choose is the maximum limit for each person injured in any one accident.
How do I get reimbursed for a medical payments coverage claim?
To get reimbursed for a medical payments claim, you can work with your claim handler to guide you through the process. Medical records and bills will likely need to be provided by you or the provider. The claim handler will review the documents submitted and provide reimbursement as coverage and policy limits apply.
MedPay vs. PIP