Skip to content
You are not logged in |Login  
     
Limit search to available items
Record:   Prev Next
Resources
More Information
Bestseller
BestsellerE-book
Author Anderson, James M.

Title The U.S. experience with no-fault automobile insurance : a retrospective / James M. Anderson, Paul Heaton, Stephen J. Carroll.

Publication Info. Santa Monica, CA : RAND, 2010.

Item Status

Description 1 online resource (xx, 170 pages) : illustrations.
Physical Medium polychrome.
Description text file PDF
Series Rand Corporation monograph series
Rand Corporation monograph series.
Bibliography Includes bibliographical references.
Contents A primer on tort and no-fault systems -- A brief history of no-fault -- The cost of no-fault -- Why have no-fault regimes been more expensive than anticipated? -- Conclusion, policy implications, and future developments.
Summary No-fault automobile-insurance regimes were the culmination of decades of dissatisfaction with the use of the traditional tort system for compensating victims of automobile accidents. They promised quicker, fairer, less-contentious, and, it was hoped, less-expensive resolution of automobile-accident injuries. This monograph considers how these plans have fared. After reviewing the intellectual and political history of no-fault auto insurance, the monograph concludes that no-fault lost political popularity because of the perception that it did not deliver the promised consumer premium cost reductions. Analysis of data from a variety of sources confirms this view, demonstrating that premiums and claim costs have become substantially larger in no-fault states than in other states over time. These cost increases can be traced to a variety of factors, including growth in excess claiming in no-fault states and convergence between no-fault and tort states in litigation patterns and noneconomic-damage payments. However, the primary driver of no-fault's cost growth has been high medical costs. The extent to which these additional costs represent augmented utilization of medical services rather than cost shifting from the medical insurance system to the automobile insurance system remains unclear.
Local Note JSTOR Books at JSTOR Open Access
eBooks on EBSCOhost EBSCO eBook Subscription Academic Collection - North America
Language English.
Subject No-fault automobile insurance -- Law and legislation -- United States.
No-fault automobile insurance -- Law and legislation.
United States.
No-fault automobile insurance -- United States.
No-fault automobile insurance.
Liability for traffic accidents -- United States.
Liability for traffic accidents.
Genre/Form Electronic books.
Electronic books.
Electronic books.
Added Author Heaton, Paul, 1978-
Carroll, Stephen J., 1940-
Added Title United States experience with no-fault automobile insurance
Other Form: Print version: Anderson, James M. U.S. experience with no-fault automobile insurance. Santa Monica, CA : RAND, 2010 9780833049162 (DLC) 2009047041 (OCoLC)468232163
ISBN 9780833049469 (electronic book)
0833049461 (electronic book)
9780833049162
083304916X
Report No. RAND/MG-860-ICJ