Author Question: All of the following are arguments for no-fault automobile insurance laws EXCEPT A) No-fault is ... (Read 76 times)

leo leo · **on:** Jul 11, 2018

All of the following are arguments for no-fault automobile insurance laws EXCEPT

A) No-fault is unnecessary as it's easy to determine which driver was negligent when a multiple-vehicle accident occurs.
B) A large portion of each premium dollar is used for purposes other than compensating accident victims for their losses.
C) There are delays in compensating accident victims under the tort system.
D) Seriously injured accident victims tend to be overcompensated, while those with small economic losses are inadequately indemnified.

Question 2

Which of the following statements about the characteristics of current no-fault laws is true?

A) Most laws in force today are pure no-fault laws.
B) Most laws apply to both bodily injury and property damage.
C) Most laws permit payment of survivor benefits to a surviving spouse and children.
D) States with add-on plans restrict the right of accident victims to sue negligent drivers.