Drivers can have insurance company pay for injuries to self or passengers and for damages to car or property, without need to determine responsibility {no-fault insurance}. It allows faster claim settlement and reduced legal costs to insurance companies. Variations on no-fault insurance allow companies to determine fault. One pays for everything. Another allows premium increase after driver is in an accident. People can file lawsuits for additional damages.
Practical Affairs>Financial Affairs>Insurance>Automobile
7-Financial Affairs-Insurance-Automobile
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Date Modified: 2022.0224