NO FAULT INSURANCE

Pronunciation (US):

(GB):

IPA (US):

 Dictionary entry overview: What does no fault insurance mean? 

• NO FAULT INSURANCE (noun)
  The noun NO FAULT INSURANCE has 1 sense:

1. a system of automobile insurance where a party who is injured in an automobile accident recovers damages up to a specific amount against his own insurance company regardless of who was responsible for the accident

  Familiarity information: NO FAULT INSURANCE used as a noun is very rare.

 Dictionary entry details 

• NO FAULT INSURANCE (noun)

Sense 1

Meaning:

A system of automobile insurance where a party who is injured in an automobile accident recovers damages up to a specific amount against his own insurance company regardless of who was responsible for the accident

Classified under:

Nouns denoting possession and transfer of possession

Synonyms:

no fault automobile insurance; no fault insurance

Context example:

the amount of litigation resulting from minor accidents is reduced by no fault insurance

Hypernyms ("no fault insurance" is a kind of...):

automobile insurance; car insurance (insurance against loss due to theft or traffic accidents)