Let’s say you are walking on the side of a road and you are hit and injured by a big rig as it barrels down the road. Let’s also assume you own a car in NJ that is covered by a standard automobile insurance policy. Who pays your medical bills?
If you owned a car in NJ with a standard policy of insurance on it at the time of your injury, at least a portion of your medical bills would be paid for by a specific type of coverage on your automobile insurance policy known as “Extended Medical Expense Benefits Coverage.” State law requires that auto insurance companies in New Jersey include at least $1,000.00 of Extended Medical Expense Benefits Coverage in standard automobile insurance policies. State law further explains that insurance companies may offer up to $10,000.00 of Extended Medical Expense Benefits Coverage in standard automobile insurance policies.
So, if you, a pedestrian, are hit by a truck, you will have at least $1,000.00 available under the Medical Expense Benefits Coverage of your automobile insurance policy to be paid toward your medical bills for the accident. You may have up to $10,000.00 in coverage, depending on which coverage amount you selected on your automobile insurance policy. Most policies either carry $10,000.00 or $1,000.00 in Medical Expense Benefits Coverage.
Insurance coverage can be a complicated issue, and rightfully so, for many consumers. The statutes can be difficult to understand, and when an accident happens, probably the last thing you want to be confused about is your auto insurance coverage. So if you or your family members have questions concerning the types of insurance coverage available, please call me to discuss it. Insurance coverage is an important issue and should not be ignored. Don’t assume that you have enough insurance coverage. You can call me anytime, and I will be happy to answer your questions absolutely free of charge.