Understanding No-Fault Automobile Insurance Claims

Many things happen on the road, and some may lead to accidents. Given this, insurance coverage is one of the best ways to protect yourself against any damages and injuries you might incur from the accident. Thus, no-fault insurance is a popular product in the market because it operates from the premise that nobody is to blame for the accident. Therefore, every driver approaches their insurer for coverage if they live in a state with this provision. More so, it is an excellent way to resolve claims without time-consuming and punitive lawsuits. Here are a few things you might not know about no-fault insurance. 

What Are the Benefits of Getting No-fault Insurance?

Attending regular meetings about lawsuits connected to minor road accidents can be quite frustrating. On the other hand, no-fault insurance ensures you go through a simple claim-handling process as a policyholder. Therefore, having no-fault insurance is solely meant to save you the time, energy, and other resources you would otherwise use to settle lengthy lawsuits. 

Will the Other Motorist Still Sue You?

No-fault insurance means your insurer will cover you when you crash your car. However, it does not operate as a diplomatic immunity on the road. The other motorist still has a right to sue you if they feel you disrupted or inconvenienced their life through the accident. However, the claim must meet certain thresholds to proceed to court. For example, if you were operating the vehicle with extreme negligence, the other driver can sue you and even collect punitive damages for your actions. 

Should You Have Another Policy Besides the No-fault Insurance?

It is important to note that not all states require no-fault insurance. Some are tort liability states, meaning the at-fault driver is liable for injuries and damages resulting from the accident. The logic behind it is that no-fault claims might be unfair to the person that suffers the worst consequences of another person's negligent actions. Therefore, to be safe on the road, you should consider incorporating other insurance products in addition to the no-fault coverage. The additional products will limit your liabilities and ensure you get the most from your insurance claims. 

It is important to choose insurance products that always represent your best interests. Consult a competent car insurance agent about no-fault insurance and find out the benefits it brings into the equation. It will help you choose the ideal products to protect yourself on the road. It will also help minimize the liabilities you encounter and deal with after road crashes.

Contact a car insurance agent to learn more.