Medical Payments and Uninsured/Underinsured Motorist Coverage’s

At Explorer Insurance Agency, our objective for posting these articles is to help you understand the coverages listed on your RV policy.   Today we will be discussing two options which are considered standard auto coverages, but are often overlooked.   Found on just about every vehicle policy, whether for an auto, motorcycle, boat, or motorhome are Medical Payments and Uninsured/Underinsured Motorist.

Medical Payments pays medical bills incurred by you, family members, and passengers for injuries sustained during an accident in your car.  This coverage also pays for you or your family members injured while riding in another person’s car or while walking, and applies to the limit listed on the policy regardless of who is at fault.

If you and your passengers already have health insurance that covers similar expenses, Medical Payments coverage may be unnecessary. It is important to check your health insurance policy for details.  Keep in mind; however, that Medical Payments Coverage can be an inexpensive option on an RV policy, and can help with out-of-pocket costs once your health coverage reaches its limits.

Uninsured/Underinsured Motorist pays for injuries sustained by you and passengers in your vehicle, as well as property damage sustained by your vehicle if you are involved in an accident with a motorist who does not have sufficient insurance.  Uninsured coverage pays if the motorist has no insurance at all.  Underinsured coverage pays if the motorist has insurance, but does not have high enough liability limits to cover the injuries or property damage you incurred.  Your policy will pay the difference up to the limit of liability amount listed.

Insurance companies give you the option to carry the Uninsured (UM)/Underinsured Motorist (UIM) limit at the same amount or less as your Bodily Injury (BI) /Property Damage (PD) liability limit.   It is highly recommended that you match the UM/UIM limit with your BI/PD limit. The savings are negligible if you carry less cover, plus you are responsible for paying amounts after the limit is reached. 

Our goal at Explorer is to protect your lifestyle by writing a policy which fills the gaps in coverage that may occur from an accident.  Medical Payments and Uninsured / Underinsured Motorist coverage options are just as important as any of the other coverage options offered on a specialty RV policy at filling gaps that can occur from an accident.

To review your policy click here www.explorerrv.com/quote or call 888-774-6778

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