What does no fault insurance mean?
Definitions for no fault insurance
no fault in·sur·ance
This dictionary definitions page includes all the possible meanings, example usage and translations of the word no fault insurance.
Princeton's WordNet
no fault insurance, no fault automobile insurancenoun
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"
ChatGPT
no fault insurance
No fault insurance is a type of car insurance coverage that helps pay for your and your passengers' medical bills if you're injured in a car accident, regardless of who caused the accident. This insurance is also known as personal injury protection (PIP). Under a no-fault insurance system, after an accident, each party's own insurance covers their costs, without needing to establish who was at fault in the accident. It is designed to lower the cost of car insurance by reducing lawsuits over who is to blame for car accidents.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of no fault insurance in Chaldean Numerology is: 2
Pythagorean Numerology
The numerical value of no fault insurance in Pythagorean Numerology is: 4
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"no fault insurance." Definitions.net. STANDS4 LLC, 2024. Web. 19 Apr. 2024. <https://www.definitions.net/definition/no+fault+insurance>.
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