In Panama Auto policies, the “Medical Payments” or “Gastos Medicos” option covers medical expenses incurred by you and your passengers who may be injured in an automobile accident. There may also be coverage, if as a pedestrian, a vehicle causes bodily injury to you or a member of your family. More…
It does NOT matter who is at fault and “Medical Payments” may also cover policyholders and their family members when they are injured while riding in another persons car or when they are hit by a car while on foot or bicycling.
I recommend that my clients carry this valuable coverage with a minimum limit of $5,000 coverage per person/$25,000 coverage per accident (more than one person affected).
Combined with $25/$50/$25 limits of liability coverage, the current rate is $175.00/yr.
I carry $10,000 per person/$50,000 per accident on my personal vehicle!