no-fay

listen to the pronunciation of no-fay
Türkçe - İngilizce
no-fault
in which a claimant is compensated for actual economic loss without blame being assigned to a particular party
in which neither party is assigned blame
Proceedings A civil case in which parties may resolve their dispute without a formal finding of error or fault
An insurance concept where an insured recovers the damage to their automobile from their own insurance company as if they were a third party The insured does not recover any vehicle damages from the third party insurance company
Neither the employee nor the employer must be proven negligent for a Workers’ Compensation claim to be accepted
A type of auto insurance mechanism whereby the right to sue another party for damages caused by negligence is limited and, in exchange, expanded first party benefits are offered
Medicare is secondary to any no-fault insurance, including automobile medical and nonautomobile no- fault insurance