Should You Get Medical Payments Coverage?Medical payments coverage, also known as Personal Injury Protection, is one of four main types of coverage that car insurance provides.
This type of coverage generally pays up to $10,000 in medical and funeral expenses for each person that is injured or killed in your vehicle - regardless of who is at fault.
What most people don't realize is that this type of coverage is not really necessary if you already have good health insurance.
If your health insurance has a high deductible, then it's a good idea to get medical-payments coverage so you won't have to pay anything out of pocket - usually $1,000 to $5,000 is sufficient.
Another reason you may want to get medical-payments coverage is if people with no health insurance regularly ride in your vehicle.
Your liability coverage should take care of their bills if they get injured, but it can take a long time to sort out who's at fault. The medical-payments coverage will pay their medical expenses no matter who's at fault.
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