No Fault Auto Insurance States
No fault insurance covers only injury related expenses.
No fault auto insurance states. A breakdown of floridas no fault car insurance rules and other state specific insurance coverage information that is likely to affect a car accident injury claim. Unlike other types of car insurance no fault insurance is a required coverage in certain states. It is designed as a way to provide compensation quickly for accident victims through their own insurance regardless of fault in the accident and to reduce the number of personal injury lawsuits filed by car accident victims. Compensation for any property damages to your vehicle must be accessed through your collision coverage.
Only three states currently have a choice no fault system. No fault car accident states. Anyone who owns and wants to register a four wheeled vehicle in florida must carry certain minimum amounts of car insurance coverage on that vehicle. By david goguen jd.
In these states drivers have the option between a no fault auto insurance policy and the more traditional tort policy. Additionally no fault insurance does not cover events like vehicle theft damage to other peoples property or. No fault car insurance commonly referred to as pip insurance is offered in a number of states. New jersey and pennsylvania have a verbal threshold for no fault claims and kentucky has a monetary threshold.
In states with no fault laws all drivers are required to purchase personal injury protection pip as part of their auto insurance policies. Floridas no fault system sunsetted on 1 october 2007 but the florida legislature passed a new no fault law which took effect 1 january 2008. With traditional liability insurance coverage the at fault driver is responsible. Michigan which has had the highest auto insurance rates since 2015 has proposed legislative changes several times since 2018 in hopes of making a more affordable system but none has passed into law.
No fault insurance sometimes referred to as personal injury protection insurance pip can help cover you and your passengers medical expenses loss of income and more in the event of an accident no matter who is found at fault. When you get into a car accident who pays. This is a more. Fault and no fault insurance.
This only applies to a certain limit. It pays for your injuries after an accident whether or not you were found responsible. In the united states there are 12 states that are considered no fault car accident states. In its strictest form the term no fault applies only to state laws that both provide for the payment of no fault first party benefits and restrict the right to sue the so called limited tort option.
What this means is that your insurance provider will cover all of your damages whether you or the other driver was at fault.