Home insurance – difference between medical payment and Liability?
Monday, September 21st, 2009 at
2:03 pm
zephyrs asked:
Home owner insurance – On my Personal Liability Schedule, I saw these:
Home owner insurance – On my Personal Liability Schedule, I saw these:
L – Personal Liabilty, $500,000 each occurance
M – Medical payments $1,000 each person, $25,000 each accident
What is the difference between personal liablity and medical payments? If someone slipped and injured in my yard, does that consider medical payment or liabilty?
Thank you so much for your help!
Tagged with: Insurance • Liability Insurance • Medical Liability
Filed under: Homeowners Insurance
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The person who fell incurs hospital and doctor bills. 1k
Then they sue you for pain and suffering. 500k
Million dollar lawsuits are not uncommon.
Your dog bites the neighbors kid you are sued for a million.
I carry an umbrella policy for an extra million the cost is 279 for the year.
Liability, is when someone sues you for damage you cause somehow. It provides your defense lawyer, and any judgement, for a covered loss. They have to prove that you are LIABLE. Usually, that means negligent in some way.
Medical payments is a NO FAULT coverage. It’s a small amount, but you don’t have to be LIABLE. It pays medical payments only, for ANY injury happening on your premises, to a non-resident. So, they get smart and fall down your stairs while showing off and doing a cartwheel. Med pay will pay up to $1,000 for doctor bills. But if they want more, they’d have to sue you, and prove that you pushed them.
If someone slips in your yard, and they don’t live in your household, BOTH could apply – medical payments for the initial doctor bill. But if you had, I don’t know, coated the yard with oil, and they slipped in the oil, then you’re negligent, and they can sue you for lost wages, permanent scarring, pain & suffering, etc.