Top 8 Costly Mistakes Made By Accident Victims - #1 (From #8 to #1)

"I 'thought' I had full coverage insurance"

Mistake #1 - Not fully understanding your auto insurance policy before an accident.   By far, this is the #1 biggest mistake made by 'most' people who have auto insurance.  We hear this statement everyday:  "I have full coverage insurance -- guess what, most of you don't!"   If you don't read anything I post, please read this to protect yourself and your family.  

No car insurance company is the same, and neither are car insurance policies. Study your car insurance policy and speak with your car insurance agent to know exactly what your auto insurance covers.

Medical Payments Coverage

Often, when people consider the necessary car insurance coverage to buy, they worry most about the financial implications of damage to their vehicle. However, when you take a look at the bigger picture, it is easy to see that your health is far more important than your car.

To ensure you are covered for your medical expenses after an unfortunate accident, you can purchase medical payments coverage.

What Does Medical Payments Cover?

Medical payments coverage generally pays for medical costs after you are hurt in a car accident, regardless of who is found at fault for the accident.

Additionally, medical payments insurance may help pay for:

• Funeral expenses.
• Injuries sustained by your passengers.
• Injuries you sustain as a pedestrian or bicyclist after a car hits you.
• Necessary dental care as a result of a car accident.

Benefits and restrictions of medical payments coverage will differ amongst car insurance companies.

Make sure that when you are comparison-shopping for your car insurance, you speak with an insurance agent from the company to fully understand the details of their medical payments coverage.

Purchasing Medical Payments Coverage

While medical payments coverage is generally considered optional, your state may legally require it be written into your policy, though you may be able to reject it in writing.

Visit our Car Insurance Requirements section to find the minimum coverage requirements for your state.

As with any type of optional car insurance coverage, you should consider the following before you purchase medical payments coverage:

• Your current health insurance.
• Your personal injury protection coverage (if you have any).
• The cost of coverage.

Medical Payment Monthly Cost - I personally have $50,000 coverage for $19 per month just to give you a point of reference.  Your insurance agent may try to talk you out of it.  Why?  Insurance companies make millions every year by minimizing and/or denying claims.  If you think they really have your best interest, think again.  

Call your agent today and immediately get medical payment coverage on your policy.  In some states, it may be called (PIP) Personal Injury Protection.