/ English Dictionary |
NO FAULT INSURANCE
Pronunciation (US): | ![]() | (GB): | ![]() |
I. (noun)
Sense 1
Meaning:
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
Example:
the amount of litigation resulting from minor accidents is reduced by no fault insurance
Synonyms:
no fault automobile insurance; no fault insurance
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("no fault insurance" is a kind of...):
automobile insurance; car insurance (insurance against loss due to theft or traffic accidents)
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