What is the advantage of a no-fault system for states?
No-fault insurance premiums and deductibles are your financial responsibility — even when you didn’t cause the accident. No-fault states limit lawsuits from car accidents. At-fault car insurance states don’t limit lawsuits.
What is another name for no-fault insurance?
So let’s start with a basic definition: no-fault insurance, sometimes referred to as personal injury protection insurance (PIP), can help cover you and your passengers’ medical expenses and loss of income in the event of a covered accident, regardless of who is found at fault.
Should I claim on my car insurance if not my fault?
Yes. You need to declare all accidents that you’re involved in, regardless of who or what was at fault. Almost every insurance provider will have a clause in their policy requiring you to declare any incidents you’ve been involved in while driving in the past 5 years.