A no-fault insurance assures the insured party that coverage is available if they are injured in an automobile accident.

Question

Quizplus · Accepted Answer

A no-fault insurance policy typically provides coverage for medical expenses, lost wages, and other related expenses regardless of who was at fault for the accident. This means the insured party can receive benefits without having to establish fault or determine liability.

A No-Fault Insurance Assures the Insured Party That Coverage Is