Which of the following statements is true with respect to a pure no-fault auto insurance plan?
A)Under such a plan,you would collect from your own insurer and retain the right to sue the other party if your injuries surpass a dollar or verbal threshold.
B)Most no-fault plans that have been adopted by states are pure no-fault plans.
C)Under such a plan,you would collect from your own insurer and retain the right to sue the other party without having to satisfy a threshold.
D)Under such a plan,an accident victim cannot sue the other party,and no payments are made for pain and suffering.

Question

Quizplus · Accepted Answer

A pure no-fault auto insurance plan means that regardless of who is determined to be at fault for an accident, each party collects from their own insurer for medical expenses, lost wages, and other economic losses. This means that an accident victim cannot sue the other party for pain and suffering, and no payments are made for such non-economic damages.

Which of the Following Statements Is True with Respect to a Pure