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No-Fault Insurance at 40: Dusting Off an Old Idea to Help Consumers Save Money in an Age of Austerity

A great article published by National Association of Mutual Insurance Companies.

“No-Fault Insurance at 40: Dusting Off an Old Idea to Help Consumers Save Money in an Age of Austerity” it explains the system, the problems, the benefits, the states that did it wrong, and THE STATE that did it right – Michigan. Again, it published by the insurance industry.

“Michigan’s verbal threshold is still more effective than those in New York and Florida, and Michigan residents are rewarded, according to the Fast Track data, with tort bodily injury costs approximately one-third of those in New York and Florida.”

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