The U.S. Experience with No-Fault Automobile Insurance A Retrospective

• Main Author: Anderson, James M. (auth)
• Other Authors: Heaton, Paul (auth), Carroll, Stephen J. (auth)
• Format: Electronic Book Chapter
• Language: English
• Published: RAND Corporation 2010
• Subjects: Insurance & actuarial studies; Insurance law; Business; Law
• Online Access: DOAB: download the publication; DOAB: description of the publication

No-fault regimes, a formerly popular alternative to the tort compensation system for auto-accident victims, have gradually lost support. Over time, premiums and claim costs have grown in no-fault states relative to other states, primarily driven by explosive medical cost increases. No-fault and tort...