florida car insurance
florida car insurance
Save money on your Car Insurance
Find and Compare Local Auto Insurance Quotes and Lower Your Payments Today!
yellowpages.lycos.com
Car Insureance
Looking For Car Insureance? Find Exactly What You Are Looking For At The Newest And Best Online Resource.
AllTheAutomotive.com
Florida Wills
Looking For Florida Wills? Find it at The Best Online Product and Info Guide.
TheToysCatalog.com
Car Insurance
Looking for Car Insurance? Check Out Our Online Directory.
PartTimejobDirectory.com
Free Auto Insurance Quotes
Online Auto Insurance Quotes. Fast and Free
Better-Auto-Insurance.info
Auto Insurance
Multiple Auto Insurance Quotes Now
Best-Auto-Insurance.biz
Free Insurance Quotes
Online Insurance Quotes for Health, Life, Homeowners, and Auto Insurance.
Best-Insurance.Biz
Get Insurance
Find websites about insurance
www.allabouttheworld.com
florida car insurance
Find What You Are Looking For Today! All The Info At All The Services.
AllTheServices.com
Local New Cars
Leading New Cars in your city. Buy a New Car today.
www.HelloLocalCars.com
Local Lawyers
Leading Lawyers in your area. Attorneys ranked in your city.
www.HelloLocalLawyer.com
Local Accountants and CPAs
Leading Tax and accounting help in your city.
www.HelloLocalCPA.com
Local Plumbers
Leading Plumbing Companies in your city.
www.HelloLocals.com
lloyds car insurance Listings
Your Source for Insurance. Find and Compare Insurance Listings Here.
www.AreaConnect.com
Auto Insurance Directory
Search Here for Numerous Insurance Listings in Your Area.
www.WYP.net
No-fault insurance is a type of insurance (typically automobile insurance) where insureds are indemnified by their own insurer regardless of fault in the incident. The term is often applied to any type of policy that allows for a policyholder to be reimbursed by their own insurer without proof of fault, but technically it refers only to state/provincial laws that not only allow for recovery of direct damage but also limit the right of the insured to sue.
Most U.S. states have a 'traditional tort' liability system for auto insurance where recovery is limited by negligence principles. However, 12 U.S. states and the Commonwealth territory of Puerto Rico, along with all Canadian provinces give drivers the option to operate under a "no fault" scheme where persons injured in automobile accidents are limited in their ability to sue other drivers or vehicle owners involved in an accident unless their injuries are particularly severe, sometimes referred to as the 'limited tort' option. The limited tort option provides for legal action only for bodily injury, not for property damage. The Canadian province of Quebec almost universally excludes the right to tort in auto accidents.
No-fault insurance allows for injured parties to sue for compensation for pain and suffering only in cases of exceptional severity. There are two definitions of "exceptional severity":
- The descriptive, or verbal threshold definition allows for the insured to define whether or not they have crossed a defined severity line. The advantage of the verbal threshold is that it removes any incentive to artificially inflate damage amounts to meet some preset monetary loss figure. The primary disadvantage is that broad interpretation by the courts of the threshold can lead to over-compensation.
- The monetary threshold sets a specific currency amount spent on medical bills before a tort is allowed. While this prevents over-compensation, it does sometimes lead to exaggeration of medical costs.
Also note that not all jurisdictions require that the insured use the no-fault system; in the United States, 3 of the the 12 states with no-fault allow the motorist to reject the threshold and sue. Rejection must be done at the time the policy is written or renewed; once the policy terms are set forth the insured may not change his/her mind without re-writing the policy.
No-fault insurance has the goal of lowering premium costs by avoiding litigation over the cause of the accident, while providing quick payment for injuries. However, critics of no-fault schemes note that it does not punish reckless or negligent drivers in litigation (because many cases don't go to trial), and that it is particularly difficult to sue if a person's injuries leave them with a handicap. Proponents of no-fault insurance point out that auto accidents are inevitable and that at-fault drivers should therefore not necessarily be punished, and that the presence of liability insurance prevents at-fault drivers in tort (or fault) systems from perceiving the lawsuit against them as an incentive to take greater care. Additionally, in regions with high numbers of uninsured motorists, the at fault party often does not have resources to pay their liability, leaving the accident victim with no recourse.
Critics also point out that many no-fault auto insurance jurisdictions have among the highest auto insurance premiums in the country, although no-fault systems tend to be more popular in areas with higher automobile accident risk.
Several US states have experimented with and repealed their no-fault laws. 24 states originally enacted no-fault laws in some form between 1970 and 1975. Colorado repealed its no-fault system in 2003. Florida's no-fault system is set to sunset on October 1, 2007, though it is reported that lawmakers are leaning towards renewing the poilcy.
Even more about florida car insurance
GEICO - Florida Car Insurance Information
Learn about GEICO discounts and get state insurance and registration information for Florida. ... Florida Did you know? Be careful when driving to the Walt Disney World theme park in Orlando; it ...
Florida Car Insurance Center - Get Auto Insurance Quotes from Multiple ...
Florida car insurance information center - what insurance to buy, how to decide, compare policies ... 1. FAST: 2. COMPARE: 3. $AVE: Fill out a quote form about you and your vehicles: Instantly get ...
