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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

In some states, insurers must also offer optional no-fault benefits above the prescribed minimums The right to sue varies across states with no-fault or add-on plans All states permit a lawsuit in the event of a serious injury No-fault laws cover only bodily injury Except in Michigan Motorists are allowed to sue the negligent driver for property damage