​​5 THINGS I WANT YOU TO KNOW ABOUT CAR INSURANCE

1. Do NOT waive your Personal Injury Protection (PIP) benefits in order to save yourself a few dollars.
a. Your car insurance may pay $2,000 (if you have private health insurance) or $8,000 (if you have Mass Health or no health insurance). Waiving PIP means that you are not entitled to these benefits. That’s right, you will be paying out of pocket for expenses not covered by your health insurance. PIP benefits will also pay up to $8,000 in lost wages due to your accident!
2. If you can afford Medpay coverage, get it!
a. Medpay is an option on your car insurance. Most people do not know what it is and most car insurance companies are hesitate to explain it. Medpay is an additional medical coverage that the insurance company will pay out if you are injured in an accident. It is an option above and beyond the PIP benefits. In a serious car accident your medical bills can add up fast. Did you know that a typical life flight can start about $15,000? For a few extra dollars a month it is worth the peace of mind knowing that all of your medical bills will be paid.
b. There are no PIP benefits on a motorcycle however, you can and should get Medpay!
3. PIP and Medpay benefits cover more than medical bills.
a. I have only had to deal with this on a hand full of occasions thankfully. Both PIP and Medpay benefits can be used to cover funeral expenses.
4. Your PIP and Medpay benefits can follow you!
a. If you are in a vehicle with someone else or you are a pedestrian and they do not have PIP or Medpay coverage you can use your policy!
5. Increasing your Underinsured/Uninsured limits can only benefit you!
a. Increase your UM policy as much as you can! If a vehicle hits you and you and or your family are injured you are only as good as their policy. The statutory minimum in Massachusetts is 20/40. This means no matter how bad you’re injured you are only able to collect up to $20,000. If you have your family in the car, nothing changes. $20,000 is still the maximum you can collect as a whole. If you have a higher UM policy then the person who hit you, you can go back under your policy with no penalty. You would be able to recover their $20,000 and then collect under yours. $250,000 sounds a lot better than $20,000 right?
If you have any questions or want more information please do not hesitate to contact me.