Link Centre Dictionary

no fault insurance

no·faul·tin·surance

uncommon

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

  • “the amount of litigation resulting from minor accidents is reduced by no fault insurance”

Related words

Broader terms

WordNet 2.1 (Princeton University). WordNet 2.1 Copyright Princeton University. All rights reserved.