8659 Baypine Road, Suite 200A Jacksonville, FL 32256
Medical Payments
What is Medical Payments Coverage?
Homeowners insurance typically includes medical payments coverage. This covers minor medical expenses for guests who are injured on your property, regardless of fault. It's a no-fault coverage designed to provide quick reimbursement for medical bills without the need for litigation.
What does Medical Insurance Cover?
Medical Insurance helps pay for reasonable and necessary medical expenses incurred by a guest who is injured on your property. This can include:
Doctor visits
Hospital visits or stays
Nursing services and care
Ambulance and EMT fees
Health insurance deductibles and co-pays
Surgery, X-rays, and dental procedures
What are the Limits of Medical Payments Coverage?
Medical payments coverage (MedPay) in homeowners insurance typically has specific limits that determine how much the insurance company will pay for medical expenses incurred by guests who are injured on your property. Here’s an overview of the limits of medical payments coverage:
Per Person Limit: This is the maximum amount of money that medical payments will pay for medical expenses for each individual who is injured on your property due to an accident covered by the policy. Common per person limits typically range from $1,000 to $5,000. Some policies may offer higher limits, depending on the insurer and the specific policy.
Per Incident Limit: In addition to the per person limit, there is often a per incident limit. This is the maximum total amount that medical payments will pay for all medical expenses related to an incident, regardless of the number of individuals injured. For example, if there are multiple guests injured in a single incident, the total combined medical expenses must not exceed the per incident limit.
Policy Aggregate Limit: Some homeowners insurance policies may have an aggregate limit for medical payments coverage. This means there is a maximum total amount that the insurance company will pay for all medical payments claims within a policy period, regardless of the number of incidents or individuals involved.
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