What kind of insurance plan allows the insured person to collect from the individual's own insurance company regardless of who is at fault in a vehicular accident?

Question

Quizplus · Accepted Answer

No-fault insurance is a type of insurance plan that allows the insured person to collect from their own insurance company regardless of who is at fault in a vehicular accident. This means that the insurer will cover the insured person's medical expenses, lost wages, and other damages, regardless of who caused the accident. This type of insurance is mandatory in some states and optional in others.

What Kind of Insurance Plan Allows the Insured Person to Collect