Definitions for no fault insurance
This page provides all possible meanings and translations of the word no fault insurance
no fault insurance, no fault automobile insurance(noun)
a system of automobile insurance where a party who is injured in an automobile accident recovers damages up to a specific amount against his own insurance company regardless of who was responsible for the accident
"the amount of litigation resulting from minor accidents is reduced by no fault insurance"
Find a translation for the no fault insurance definition in other languages:
Select another language:
Discuss these no fault insurance definitions with the community:
Use the citation below to add this definition to your bibliography:
"no fault insurance." Definitions.net. STANDS4 LLC, 2014. Web. 10 Mar. 2014. <http://www.definitions.net/definition/no fault insurance>.