Hi
The no fault law is a legal rule that is applied in some items like cars and their accidents and in some states of US like Florida. The law says that every person to be responsible for his injuries in case his car or vehicle meets an accident irrespective of the fact that who the responsible party is.
- There are several objectives of no fault law such as :
- Less number of accidents
- Less number of damage claims
- Less cost of coverage of insurance on cars
It is a very strict law that denies all the claims by the injured or harmed person's losses even if they are emotional sufferings, physical losses or permanent impairments.
The law requires all registrants or owners of one or four wheel auto mobiles to hold at least $10,000 of property damage liability (PDL) and $10,000 of Personal Injury Protection (PIP) if they are owner of vehicle.
Hope it helps!
