What is no-fault insurance?

No-fault insurance is a type of insurance system used in Delaware that helps to reduce the amount of time a court spends resolving disputes of fault in an accident. Under this system, if an accident takes place, insurance companies of the driver involved will pay out for the damages without taking into account who was at fault. This system allows for quickly compensation for damages done to people, property, and vehicles involved in the accident. No-fault insurance also has personal injury protection (PIP), which helps with medical costs. PIP covers medical bills for the policyholder and anyone else in the vehicle who was injured in the accident, regardless of who was at fault in the accident. This coverage is provided by the policyholder’s own auto insurance policy, making the process of receiving compensation in the aftermath of an accident much faster. Overall, no-fault insurance is an effective way of streamlining settlements after an accident, helping to get drivers and those affected paid out quickly, without the need to go through a lengthy and expensive court process.

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What is no-fault insurance?

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