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no fault insurance

DEFINITIONS OF: no fault insurance

1

n 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

“the amount of litigation resulting from minor accidents is reduced by no fault insurance
Synonyms:
no fault automobile insurance
Type of:
automobile insurance, car insurance
insurance against loss due to theft or traffic accidents
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