Los Angeles Med Pay
Car crashes are a financial threat to your business not only because your commercial vehicle can get severely damaged, but they also can lead to serious injuries and even fatalities. Such incidents often incur great financial burden. For example, hospital stays and subsequent check-ups add up. Such medical tabs cripple businesses. To protect the driver and the passengers, there’s Med Pay coverage.
Med Pay coverage is short from Medical Payments. This type of insurance will pay for all kinds of medical bills and other expenses associated with injuries from an accident, regardless of who’s at fault. Like cargo insurance, it’s not a legal requirement in the State of California, but not having this coverage is a huge risk.
Why Should You Get Los Angeles Med Pay?
If you work in a truck business or any other business that uses commercial vehicles, Medical Payments insurance is a smart choice. After all, you never know what another day on the road can bring so be ready.
Med pay coverage requires limits for the policy, which impact premiums. Therefore, your choice impacts how much you pay each month. Make sure you have enough to cover the possible monetary consequences of an accident. If there’s a crash and you don’t carry enough, you’ll have to pay the difference yourself.