QUESTION IMAGE
Question
what is no - fault insurance? (1 point)
unlimited bodily injury liability mandated by the states to ensure that anyone hurt in an accident
has enough resources to recover.
limited property damage liability mandated by the states to ensure that small or frivolous lawsuits
filed solely for financial gain are prevented.
unlimited uninsured motorist protection mandated by the states to ensure people looking for
financial gain are not posing as pedestrians and intentionally walking in front of cars.
unlimited pip mandated by the states to reduce the number of small and frivolous lawsuits.
No - fault insurance (Personal Injury Protection - PIP) is about states mandating unlimited PIP to reduce small/frivolous lawsuits. The first option is about bodily injury liability (not no - fault), the second about property damage liability (not no - fault), the third about uninsured motorist protection (not no - fault). The fourth option matches the definition of no - fault insurance.
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D. Unlimited PIP mandated by the states to reduce the number of small and frivolous lawsuits.