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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

Many accident victims are unable to recover damages The negligent driver may be uninsured or underinsured States use a number of approaches to protect accident victims from irresponsible or reckless drivers A financial responsibility law requires motorists to furnish proof of financial responsibility up to certain minimum dollar limits