The U.S. Experience with No-Fault Automobile Insurance: A Retrospective

By Stephen J. Carroll, Paul Heaton, James M. Anderson, et al.

No-fault regimes, a formerly popular alternative to the tort compensation system for auto-accident victims, have gradually lost support. Over time, premiums and claim costs have grown in no-fault states relative to other states, primarily driven by explosive medical cost increases. No-fault and tort states have also converged across many domains affecting costs, including excess claiming, litigation patterns, and noneconomic-damage payments.

• Format: Paperback
• Language: English
• ISBN: 083304916X
• ISBN13: 9780833049162
• Release Date: February 2010
• Publisher: RAND Corporation
• Length: 190 Pages
• Weight: 0.65 lbs.
• Dimensions: 0.5" x 7.1" x 9.0"