Feel Good Insurance

If the expiration date on any product in your fridge is one day past the date, do you pitch it?  Or, do you consider the "use by" date as a guideline subject to your discretion?

Consumer reports recently published a reminder listing as to how long condiments should be kept, once opened.  Ketchup, six months.  Pickles, two weeks?  Oops!

Ever wonder what might happen if the potato salad you served at your summer picnic contained outdated mayo?  What if your friends and relatives got food poisoning, courtesy of your potato salad?  You would feel pretty bad if some of them ended up with doctor and/or emergency room bills as a result.

That's where your homeowners insurance comes to your rescue!  What?  Yes - your typical homeowners policy has a coverage called "Coverage F - Medical Payment". Medical Payments coverage will pay the necessary medical expenses incurred by others caused by your "activities".  Your "activities" being your cooking skills, in this case.

Medical Payments coverage is not an admission of liability.  It is like a "feel good" kind of coverage - you feel bad because a friend incurred injury from your "activities".  Your homeowners insurance can pick up the medical bills and now everyone "feels good".

Now don't you feel better?