No-Fault Insurance
Plain English Definition: Insurance that covers losses regardless of who is at fault in an accident.
What No-Fault Insurance really means for someone with an insurance policy
No-fault insurance covers injury-related expenses without determining fault, speeding up claim payments.
No-Fault Insurance Real World Examples
- After a car accident, your insurance pays for medical bills regardless of fault.
- Your auto insurance covers lost wages due to accident injuries, even if you caused the accident.
- Medical expenses are paid promptly without lengthy investigations into who caused the crash.