Is medical payments coverage required in Indiana?

Medical payments insurance (MedPay) covers medical bills for the policyholder and their passengers after a car accident, regardless of who was responsible for the crash. For example, MedPay covers hospital and ambulance expenses, nursing costs, funeral expenses, and the deductibles or copays of other types of insurance. It’s also worth noting that MedPay applies to named drivers even if they were passengers, pedestrians, or cyclists when the car accident occurred. MedPay does not cover indirect expenses resulting from injuries, like lost wages or childcare.… read full answer

What Medical Payments Insurance Covers

• Medical expenses after a car crash for any driver named on the policy
• Medical bills for passengers in a covered vehicle
• Funeral costs
• Deductibles, coinsurance, and copays of other insurance policies

MedPay is only required in Maine and New Hampshire (if drivers choose to buy car insurance). However, it can still be a smart investment for drivers even if it’s not mandatory, since it’s generally inexpensive. For example, MedPay might be worth it if your health insurance plan requires high out-of-pocket costs or if you don’t have health insurance.

For more information, check out WalletHub’s complete guide to MedPay.

No, you don’t need medical payments coverage if you have health insurance, unless you live in Maine or New Hampshire. Medical payments (MedPay) insurance can still be a good investment even if you have health insurance, though, because it covers out-of-pocket healthcare costs like deductibles, copays, and coinsurance.

MedPay is a type of car insurance that covers the policyholder’s medical expenses after an accident, regardless of who was at fault. MedPay also applies to passengers in a covered vehicle. Given that it usually costs less than $10 per month, MedPay is often worth it for drivers without health insurance, as well as for drivers whose health insurance requires high out-of-pocket expenses.… read full answer

For more information, check out WalletHub’s complete guide to MedPay insurance.

Car insurance in Alabama costs $58 monthly ($697 per year) for minimum coverage, on average, and around $177 per month ($2,123 annually) for a full-coverage policy. The cheapest insurance companies in Alabama are Geico, Country Financial, and USAA, but insurers calculate premiums differently, so it’s a good idea to get quotes from more companies to find the best deal.… read full answer

Average Cost of Car Insurance in Alabama by Category

• Clean driving record: $59 per month
• After an at-fault accident: $85 per month
• Driver with poor credit: $101 per month
• Teen driver: $232 per month
• After a DUI: $103 per month

The average cost of car insurance in Alabama is 3% lower than the national average auto insurance premium, and Alabama ranks 29 out of 50 for the most affordable car insurance rates in the U.S.. There are several factors that affect how much you’ll pay for car insurance in Alabama, including your driving record, age, location, the amount of coverage that you purchase, and the insurance company you buy it from.

Finally, it’s worth noting that car insurance premiums in Alabama are low, compared to the cost of coverage in neighboring states like Georgia and Louisiana. You can find more details in the table below.

Cost of Car Insurance in Alabama vs. Neighboring States