Explain how a no-fault system is different from our current fault-based system of auto insurance. Also explain

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Explain how a no-fault system is different from our current fault-based system of auto insurance. Also explain (not just list) two advantages and two disadvantages of moving to a no-fault system.

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Macroeconomics

ISBN: 978-0077307110

8th edition

Authors: David Colander

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Posted Date: Apr 24, 2022 03:06 AM

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Explain how a no-fault system is different from our current fault-based system of auto insurance. Also explain

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Expert Answer:

NOFault Insurance According to the Insurance Information Institute the purpose of the nofault system is to reduce the cost of auto insurance by removi... View the full answer

Macroeconomics

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