AVOIDING SUBROGATION IN CAR ACCIDENTS
In Pennsylvania, the minimum medical payment benefit that you must buy is only $5,000. Most automobile insurance companies want to sell you either $5,000 or $10,000 worth of medical coverage. Your insurance company may tell you that your private insurance will take care of the rest. With today’s high cost of health care, that $5,000 benefit would only cover the most minor injury case. The minimum amount of automobile medical payment benefit that I recommend is $50,000. In a recent case, the health insurance subrogation claim was more than $130,000 To avoid that type of lien, I recommend asking for a quote for $100,000 in medical payment benefits. The cost of this coverage is less than the co-pays and deductibles that may arise and would eliminate most subrogation claims.
If the other driver only has a minimum limits liability policy of $15,000, a serious injury subrogation claim could be larger than your settlement. Protect yourself and your family.