Multiple Choice
Many states have funds to provide compensation in situations when an injured motorist obtains a judgment against the party at fault but cannot collect because the party has neither insurance nor resources.Identify these funds.
A) Financial responsibility fund
B) Title defect fund
C) No-fault fund
D) Monetary threshold fund
E) Unsatisfied judgment fund
Correct Answer:
Verified
Correct Answer:
Verified
Q6: Interest in no-fault grew from the belief
Q7: In modified no-fault laws, suit can be
Q8: If you choose a(n) _ of liability,
Q9: A typical law requires evidence of this
Q10: _ means the upset (turning over) of
Q12: Financial responsibility laws do not have any
Q13: Explain no-fault laws and its categories in
Q14: Auto insurance plans have provided significant profits
Q15: Coverage applies for accidents arising out of
Q16: Liability coverage under the PAP usually is