What is another word for no-fault insurance?

Pronunciation: [nˈə͡ʊfˈɒlt ɪnʃˈʊ͡əɹəns] (IPA)

No-fault insurance, also known as Personal Injury Protection (PIP), is an insurance policy where individuals can receive compensation for injuries in accidents regardless of who is at fault. There are several synonyms for the term no-fault insurance, including no-fault liability insurance, no-fault auto insurance, and no-fault car insurance. This type of insurance is mandatory in some states in the US, and its purpose is to reduce the number of lawsuits arising from accidents by providing quick compensation to those who are injured. Other related terms include fault-based insurance, which requires the determination of fault before compensation is provided, and first-party insurance, which covers only the insured person and their property.

What are the hypernyms for No-fault insurance?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

Related words: no fault insurance, no fault auto insurance, what is no fault insurance, is no fault insurance better, who has no fault insurance

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