Posted in Automobile insurance, Insurance, Insurance Claim, Insurance Policy on Fri March 3, 2017
Medical Payments Coverage (Medpay) is included in most automobile insurance policies but few people even know it is there or what it is. Medpay is an optional coverage, but because it is so expensive, most insurance agents automatically include it with your insurance premium.
What is Medpay?
Medpay is similar to a small health insurance policy. Generally, the limits are between $500 and $5,000 and the premium for Medpay is only a few dollars more. The purpose of Medpay is to reimburse you for any medical expenses you incur as a result of being injured by someone else in an automobile accident.
Continue reading Medical Payments (Medpay) Coverage in your Automobile Insurance Policy
Posted in Accidents, Automobile insurance, Injuries, Insurance, Insurance Policy on Fri February 24, 2017
Last time we discussed liability limits for your automobile insurance coverage and the danger of not having enough coverage. In Part II we are going to discuss other ways to protect your assets in addition to increasing your automobile insurance limits.
Insurance, Liability & Personal Property
First, you should be sure that your car is only titled in one name. Often couples think they should have both names on everything they own, such as a house or car.
Continue reading What type of automobile insurance should I have in NC? (Part II)
Posted in Insurance Policy on Mon March 11, 2013
If you have had the unfortunate experience of being in an automobile accident, you have likely also suffered the uncomfortable and painstaking task of dealing with an insurance company. And depending on the at-fault party’s insurance policy limits, you may find yourself dealing with more than one insurance company. Often times, your own insurance policy provides coverage for Uninsured Motorists (UM) and Underinsured Motorists (UIM). This means that if you suffer property damages, medical expenses, and personal injuries beyond the at-fault party’s policy limits,
Continue reading Handling Auto Accidents & Insurance Companies