no-fault

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No-Fault

Description:

No-Fault refers to a legal principle or system, primarily used in insurance laws, where individuals involved in an accident or dispute are compensated by their own insurance companies regardless of who caused the accident. It aims to reduce litigation and ensure timely compensation to the parties involved.

Sample Sentences:

Under the no-fault system, each driver's insurance company pays for their own medical expenses and damages.
No-fault insurance provides financial protection to individuals involved in accidents, regardless of who was at fault.
Many states have adopted the no-fault system to streamline the claim process and avoid lengthy legal battles.

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