You should have medical payments coverage on your auto policy even if you have health insurance. Why? Because if you are injured in a car accident and your health insurance pays your medical bills, they will seek to get this money back. Medical payments coverage will also pay with no deductible and no co-insurance payments.
Getting Your Deductible Back
One of our previous posts highlighted an option that many individuals overlook when they are involved in an automobile collision – filing a first party claim. If you have collision coverage on your insurance policy, your insurance company will pay for your vehicle repairs. In order to do so, you the insured pay a portion of those costs, which is …