I’ve been debating this exact thing while shopping for my first policy. My health insurance isn’t bad, but the deductibles are kinda high. The idea of getting stuck with a big bill after a crash freaks me out a bit, honestly. I’m leaning toward adding the extra coverage, just for peace of mind.
The idea of getting stuck with a big bill after a crash freaks me out a bit, honestly.
Honestly, I think you’re on the right track. High deductibles can really sting if you end up in the ER after even a minor accident. I’ve seen folks assume their health insurance would cover everything, only to get blindsided by out-of-pocket costs. That extra coverage on your auto policy isn’t always cheap, but it can fill in those gaps and save you a lot of stress down the road. Peace of mind is worth something, especially if you’re not sitting on a pile of savings.
Couldn’t agree more about the sticker shock from medical bills. Folks think their regular health insurance is a magic shield, but those deductibles and copays can sneak up on you fast. I’ve seen people with “good” insurance still owe thousands after a fender bender. If you’re not swimming in cash, that extra auto medical coverage can be a lifesaver—or at least a wallet saver. Sometimes it’s worth paying a little more just to sleep better at night, you know?
Honestly, I’ve seen folks with “gold-plated” health insurance still get hit with big bills after a minor accident. That med pay or PIP add-on isn’t expensive, and it kicks in fast—no fighting with your health insurer over what’s covered. Worth considering if you’re on a tight budget or high deductible plan.
WHEN DOES PAYING EXTRA FOR MEDICAL COVERAGE ON AUTO POLICIES MAKE SENSE?
That’s actually a good point about the “gold-plated” health insurance not always saving the day. I had a buddy who ended up with a bill for an ambulance ride that apparently wasn’t “in network.” Who knew ambulances had networks? He could barely walk, but apparently he was supposed to shop around for the right paramedic. Med pay would have stepped right in there.
I do wonder, though—does it ever get redundant? Like, if you’ve got solid health coverage and low deductibles, is there really a scenario where med pay or PIP makes sense? Or is it more of a safety net for folks with high out-of-pocket costs? I commute a lot and sometimes I feel like I’m just stacking insurance on top of insurance. Anyone else feel like they’re building a financial Jenga tower with all these add-ons… or is it just me overthinking things?
