What does “no-fault” insurance mean?
The state of Georgia has a no-fault insurance system. Traditionally, a legal process determines fault in an accident but the no-fault insurance system circumvents the legal process, bypassing court, lawyers, judge, jury, and steep costs. Both taxpayers and insurance policyholders benefit from no-fault because it helps keep taxes and rates low. Policyholders experience benefits when they actually get in an accident. Immediate compensation is granted at the time of your claim for damages, medical expenses, lost wages, etc. Then the insurance company will dialogue with the insurance company of the third party in the collision to decide how much each insurer will pay.
