Quote:
Originally Posted by Jerome74911S
Wow. Now I am so glad that I live in a place with No-Fault car insurance laws. An accident occurs: my insurance pays for my car, and the other guy's insurance pays for his car. No fault on anybody's part enters into it, including when my wife hit a turkey. There were feathers stuck in the grille, so they paid to replace the grille. The turkey evidently had no insurance, but it was delicious, so it actually paid a price.
My insurance pays (minus the deductible) whatever would take to repair my car, up to the agreed value in the case of my Porsche. At the moment my wife's car is covered by actual cost of replacement, meaning that even though her car is a couple of years old, they will buy her a new one if it gets totaled. There was an extra premium for this, but it was very small.
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Yeah im not so sure no fault insurance works that way ...
it is true that each insurance pays for its own damage. The fault is not decided in a court and this keeps costs down. But the isnsurance comapnies very much do assign fault internally and pay each other based on the acident and some fancy tables.
Also they assign an "at fault driver" even though you may not hear about it till later.