Quote:
Originally Posted by Silverpike
WAT???
Are you aware that this is a nonsencially low number? I didn't even know this number was above the state minimum.
Is that like $5k per person per acc? Even so it's still totally useless. When my car was totalled by some crazy douchebag, my hospital bill was $45k, and I was only in the ER for 4 hours. I seriously recommend you increase the medical portion. Of all the clauses, this one is most likely to bankrupt you.
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Dude... I work in insurance. Medical payments are not required in any state, hence there is no minimum requirement, and some companies max out at $5,000 or $10,000 anyway, though a few go higher. This is not a coverage meant to cover all of your medical bills -- that is what health insurance is for, as medical payments are typically meant to cover minor things like first aid, chiropractic care, ambulance fees, or, in the event of a big accident requiring hospitalization, your health insurance deductible and/or maximum annual out-of-pocket expense. But if you are flying under the radar and without health insurance, then yes, getting a five-figure medical payment limit (or higher) might be worth considering. But $5,000 is NOT low. I'd bet most people on this forum have that amount or less, maybe even not at all.
EDIT: You might be thinking of the BODILY INJURY LIABILITY LIMIT, which I put was $100,000 per person/$300,000 per accident in the quotes I listed... though I have a $1.5 million limit on my existing policy ($500,000 combined single limit plus a $1 million umbrella). That is something completely different from medical payments.