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Who is responsible for paying losses under no fault insurance?

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Who is responsible for paying losses under no fault insurance?

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In its broadest sense, no-fault insurance is a term used to describe any type of insurance contract under which insureds are indemnified for losses by their own insurance company, regardless of fault in the incident generating losses. The victim’s insurance company would only pay out the claim, while the driver-at-fault’s insurance company would pay out a claim. ChaCha!

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