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Car and Driver notes that the state’s higher insurance premiums are due to the No-Fault car insurance system, Compulsory Personal Injury Protection (PIP), higher rates of insurance fraud and an ...
Accidents in at-fault states vs. no-fault states. There are numerous car accident scenarios that can take place, and while each accident may be unique, there are standardized ways of handling the ...
Vehicle insurance in the United States (also known as car insurance or auto insurance) is designed to cover the risk of financial liability or the loss of a motor vehicle that the owner may face if their vehicle is involved in a collision that results in property or physical damage. Most states require a motor vehicle owner to carry some ...
Personal injury protection (PIP) is an extension of car insurance available in some U.S. states that covers medical expenses and, in some cases, lost wages and other damages. PIP is sometimes referred to as "no-fault" coverage , because the statutes enacting it are generally known as no-fault laws, and PIP is designed to be paid without regard ...
No-fault systems generally exempt individuals from the usual liability for causing bodily injury if they do so in a car collision; when individuals purchase "liability" insurance under those regimes, the insurance covers bodily injury to the insured party and their passengers in a car collision, regardless of which party would be liable under ordinary legal tort rules.
Note that drivers in no-fault states also carry liability coverage and are liable for medical and vehicle damage that they cause to the other party. If a driver is guilty of causing an auto ...
If you live in a no-fault state and you’re not at fault for an accident, your own insurance might cover your medical costs, while the property damage would still be the responsibility of the at ...
The state ranks number one in staged car accidents across the US according to the National Insurance Crime Bureau [18] [19] and is the most expensive state for auto insurance. Being a no-fault insurance state that requires a certain amount of personal injury protection for auto insurance, [20] insurance companies are required to pay up to ...