auto insurance payments
Do we need health coverage payments for car insurance?
How important is medical coverage auto payments insurance coverage. I currently have $ 10,000 coverage. Is this over kill? I have health insurance (HSA) that has a deductible of $ 5000 per year, after it is covered 100%. THX
Salary $ 10,000 med-NO Overkill, even with an HSA that has a deductible of $ 5,000, with a coverage of 100% after that, because most of all life policies have limits, and most of all policies have exclusions (things you absolutely do not pay). Even if you do not see ever using all its benefits, you just never know! Case in point: My daughter was almost killed in a car accident on 08 October by a woman who had a stop sign. My daughter had a HSA through their employer, with prominent coverage to include a deductible of $ 1,000 for the year, and coverage 100% after that. She also had to pay $ 5000 MED-coverage auto insurance. It is nearly full coverage of Med-payment, because some things related with his injury, are "exclusions" (discovered items) in the HSA policy provided by your employer. Also, now with the new year, your employer I changed health plans, and now my daughter's plan is very different, with not nearly the same benefits and coverages, invoices and "discovered" the expenses keep coming and she is very far from being poised for a rebound. She is hoping to get the green light to drive again, just bought another car and extending coverage med pay up to $ 10k, because you want to be sure you have the most. We always believed that something like this never happen to us, our family, etc. but just never known. The difference in the payment of costs-med coverage literally cents, I prefer that the most you can get in a time of need. Rest easy that is doing everything possible to protect your assets. When you are involved in an accident, the last thing you want to do is have to worry about how it will be able to "pay to improve." Especially if the accident occurs near the end of the year and changes HSA: (.
Auto Insurance Advice : Auto Insurance Payment Options
