no fault insurance

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  • noun

Synonyms for no fault insurance

a system of automobile insurance where a party who is injured in an automobile accident recovers damages up to a specific amount against his own insurance company regardless of who was responsible for the accident

References in periodicals archive ?
These variables are whether or not the state has no fault insurance, the state's relative population density, interstate and time trend differences in the price level (using manufacturing wages as a proxy), and the relative safety and driving conditions in the 47 states.