What is no-fault insurance?

No-fault insurance is a type of auto insurance policy available in the state of South Carolina. It is designed to provide financial coverage to drivers in the event of an accident, regardless of who is at fault. No-fault insurance covers medical costs associated with injuries sustained in an accident, as well as any damages done to property, such as vehicles or other property that may have been damaged in the incident. Depending on the policy, it may also provide coverage for lost wages and other incidental costs related to the accident. Under South Carolina’s no-fault insurance system, drivers are required to carry a minimum level of coverage to be legally entitled to no-fault insurance benefits. This coverage may also be supplemented with liability coverage, which pays for damages caused to other vehicles involved in the accident. No-fault insurance can help drivers in the event of an accident, regardless of who is at fault. It ensures that all drivers involved are provided with coverage for their medical costs and property damages, reducing the amount of stress associated with the aftermath of an accident.

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