Med Pay, also called medical payments coverage insurance or medical expense coverage, is offered by most motor vehicle insurance companies as part of your policy options.
Med Pay pays for you and your passengers’ medical bills and expenses if you are hurt or injured in a motor vehicle collision. Med Pay is used regardless of who is at fault in the accident.
Med Pay is optional and purchased in increments of $1,000, $5,000, $10,000, $25,000, and sometimes even higher. The coverage is applied per person in the collision, so if five people hurt in a car wreck, the appropriate bills will be paid on each up to the limit you purchase.
Homeowners whose houses were destroyed by the recent tornadoes in the Oklahoma City area may be having problems with their insurance providers, especially if the insurance carrier is Allstate. According to a story in Crain’s Chicago Business, under a program launched in October 2011, Allstate will pay only the actual cash value of a roof that needs to be replaced if the roof is more than 10 years old. Basically, if a homeowner with Allstate insurance needs a new roof — which very likely includes the majority of the homes recently damaged — they will have to cover the cost above the depreciated value of the roof under the House & Home program. Continue reading “Insurance Denial For Tornado Damage Might Be Bad Faith Claim”
Attorneys Pat Carr and Laurie Koller recently represented an individual in an insurance bad faith case against Clarendon National Insurance Company & Health Plan Administrators. Carr & Carr’s client had purchased a short-term health insurance policy online from Clarendon. When she later made a claim due to an injury, the insurance company wrongfully rescinded her policy and denied her claim. The case was filed in the United States District Court for the Western District of Oklahoma and is now dismissed. The terms of the resolution are subject to a confidentiality agreement and cannot be disclosed.Continue reading “Carr & Carr Resolves Bad Faith Issue Against Clarendon National Insurance Company”