English dictionary

no fault insurance meaning and definition

Definition and meaning of no fault insurance at MeaningMonkey.org. no fault insurance meaning and definition in the English Dictionary.

NO FAULT INSURANCE noun

Definition of no fault insurance (noun)

  1. a system of automobile insurance where a party who is injured in an automobile accident recovers damages up to a specific amount against his own insurance company regardless of who was responsible for the accident
Source: Princeton University Wordnet

If you find this page useful, share it with others! It would be a great help. Thank you!

  

Link to this page: