Some states allow resident drivers to buy no fault auto insurance policies. Typically, such types of car covers permit companies to handle accident claims concerning the insured car in a manner that they want. During an accident, whether the driver is at fault or not, it is the insurer that will decide how an insurance claim is to be settled. Apply online now!
Buying a no fault auto insurance Canada coverage can be beneficial in many ways. The “Tort System” enables two different insurers to investigate accidents in detail and assess who was at fault during the course of an accident. If driver of the insured car is found responsible for causing an accident then the insurer caused accident will be responsible to pay costs for damages and repairs. Thus, no fault vehicle insurance is all about paying claims to insured drivers by insurers regardless of whether they are at fault or not during the course of an accident involving the insured cars.
Ontario, in Canada, has a “no fault car insurance” system that is entirely unique. However, the term “no fault” doesn’t mean that no one is at fault during the course of an accident involving the insured car. It implies that the policy holder will not have to pursue any at-fault driver, who is responsible for causing accident, to get compensation. Instead it will be the insurance company that will pay for injuries or car damages.
And if there are some passengers in the car, who get injured because of accident, the insurer may pay expenses for treatment of their bodily injuries provided that they don’t have any insurance cover. You need to be aware that someone is at fault during car accident either partially or fully. As per law, insurer is required to determine the exact percentage of fault for every driver that drives the in an at-fault accident.
Cheap no fault auto insurance quotes are easier to get and as insurers will handle the claims process, drivers don’t have to worry about expenses that will result in the aftermath of an at fault accident. In a typical insurance claim settlement process, insurers will be doing the following things:
The main advantage of purchasing a no fault automobile insurance cover is that drivers will be reimbursed all expenses quickly without getting into the hassles of any long drawn and expensive legal battles. Both drivers involved in car accident can approach their respective insurers and they will pay compensation after assessing who among them was at fault. Such a proposition enables quick repairs of cars and resolution of costs that are likely to be incurred on medical treatments as well. And involved parties also have the opportunity to recover financial losses beyond prescribed limits in their auto insurance policies.
Below are listed some salient features of a typical cheap car insurance no fault system.
Although it is possible to secure the cheapest no fault auto insurance quotes, some drivers may have certain misconceptions regarding such policies. If you are thinking of purchasing car insurance coverage of this type, it is important that you have complete understanding of the term “at-fault”. To that effect, here is some vital information which you might find extremely useful.
Here are three common misconceptions in drivers’ mind pertaining to no fault auto insurance quotes.
The aforesaid misconceptions could be false. Insurers will determine the extent of fault of each driver involved in accident.