Across all fifty states that make up the good ole’ USA, automobile liability insurance is mandatory. As a result, there are four general tiers of car insurance: no-fault; choice no-fault; tort liabi...
lity, and add-on options.Today, we focus on the specificities of no-fault insurance; a type of insurance contract in which the insured (if injured in an automobile accident) is indemnified up to a specific amount by their designated insurance company. In light of the arduous and expensive court battles that are often required to determine the party at fault, no-fault insurance is intended to lower the cost of auto insurance by taking small claims out of the courts.
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