No fault insurance
volume
British pronunciation/nˈəʊ fˈɒlt ɪnʃˈʊəɹəns/
American pronunciation/nˈoʊ fˈɑːlt ɪnʃˈʊɹəns/

Definition & Meaning of "no fault insurance"

No fault insurance
01

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

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