This is optional coverage over and above your PIP benefits. Medpay is also no-fault insurance, and will pay for the 20% medical bills uncovered by PIP up to the amount of your Medpay coverage limit. Some policies carry $5,000 in Medpay, while others carry $2,000 or $10,000. The amount you purchase, or whether you purchase it all, is completely up to you.
All Florida automobile insurance policies carry PIP coverage, otherwise known as Personal Injury Protection benefits. These are no-fault benefits, so whether or not you were at fault for an accident, you are entitled to this coverage.
Rental coverage is not standard on most auto policies. Therefore, if it is something you want included in your policy, it is important to ask your insurance agent and look at the policy coverages before making a final decision.
If you carry collision on your automobile insurance policy, your insurance carrier will pay for damage you sustain to your own car, whether you were at fault or not. Although Florida does not require collision coverage, consumers often benefit from having it on their policy for a few reasons.