Insurance that pays for some or all of the insured person's loss, no matter who caused it, is often described as "no-fault" coverage. Despite its name, it really does matter who caused the damage, because if you're at fault, your insurance premiums may increase.
An insurance concept where an insured recovers the damage to their automobile from their own insurance company as if they were a third party. The insured does not recover any vehicle damages from the third party insurance company.
Auto insurance coverage that pays for each driver's own injuries, regardless of who caused the accident. No-fault varies from state to state. It also refers to an auto liability insurance system that restricts lawsuits to serious cases. Such policies are designed to promote faster reimbursement and to reduce litigation.