Effective in All States
Summary: All states have laws that assure compensation for victims of automobile accidents. The five types of statutes in effect presently are (1) financial responsibility laws, (2) compulsory automobile liability insurance, (3) unsatisfied judgment fund laws, (4) laws requiring uninsured motorists coverage, and (5) no-fault automobile laws. This article discusses the first three types; uninsured motorists and no-fault laws are treated in other articles. See Personal Auto Policy—Part C for a discussion of uninsured motorists coverage and see Uninsured Motorists Requirements for a state-by-state examination of uninsured motorists regulations. See No-Fault Auto Insurance for information on no-fault insurance.
Topics covered:
This premium content is locked for FC&S Coverage Interpretation Subscribers
Enjoy unlimited access to the trusted solution for successful interpretation and analyses of complex insurance policies.
- Quality content from industry experts with over 60 years insurance experience, combined
- Customizable alerts of changes in relevant policies and trends
- Search and navigate Q&As to find answers to your specific questions
- Filter by article, discussion, analysis and more to find the exact information you’re looking for
- Continually updated to bring you the latest reports, trending topics, and coverage analysis
Already have an account? Sign In Now
For enterprise-wide or corporate access, please contact our Sales Department at 1-800-543-0874 or email [email protected]