Skip to content
Warren AI
Sign in
Insurance & Risk Management
18. Chapter 21: Auto Insurance and Society/Approaches for Compensating Auto Accident Victims
18. Chapter 21: Auto Insurance and Society Illustration
Syllabus Slides

Approaches for Compensating Auto Accident Victims

01.Core Concepts

No-fault auto insurance is another method for compensating injured accident victims Currently, 22 states, the District of Columbia, and Puerto Rico have some type of no-fault law in effect After an auto accident involving bodily injury, each party collects from his or her own insurer regardless of fault