Add a new jQuery function that will allow you to add text to the current caret position in textarea and text fields. Pulled from some Stack Overflow question.

insertAtCaret.js

jQuery.fn.extend({
  insertAtCaret: function(myValue){
    return this.each(function(i) {
      if (document.selection) {
        //For browsers like Internet Explorer
        this.focus();
        var sel = document.selection.createRange();
        sel.text = myValue;
        this.focus();
      }
      else if (this.selectionStart || this.selectionStart == '0') {
        //For browsers like Firefox and Webkit based
        var startPos = this.selectionStart;
        var endPos = this.selectionEnd;
        var scrollTop = this.scrollTop;
        this.value = this.value.substring(0, startPos)+myValue+this.value.substring(endPos,this.value.length);
        this.focus();
        this.selectionStart = startPos + myValue.length;
        this.selectionEnd = startPos + myValue.length;
        this.scrollTop = scrollTop;
      } else {
        this.value += myValue;
        this.focus();
      }
    });
  }
});