Medications Considered to be Personal Property?

Would you consider personal medication part of personal property coverage?

West Virginia Subscriber

Yes, we consider medications personal property. Prescription medications are prescribed for a specific person for a certain condition and are necessary for that person's well being. Even over the counter medications are personal property. The policy covers property owned or used by the insured, and medication is certainly used by the insured.

One thing to pay attention to is that the insured may not have paid for the full value of the medication. If the insured has a prescription plan then they may have paid a $4, $10, or $40 co-payment for a medication that may be worth hundreds of dollars. The insured is entitled to the replacement of the medication and normally the physician/pharmacist/insurer will ok another refill in extenuating circumstances, in which case the insured is entitled to the co-payment if he had just refilled a prescription and it melted in a fire.

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