TY  - BOOK
AU  - Anderson,James M.
AU  - Heaton,Paul
AU  - Carroll,Stephen J.
TI  - The U.S. experience with no-fault automobile insurance: a retrospective 
T2  - Rand Corporation monograph series
SN  - 9780833049469
AV  - KF1219.5 .A96 2010eb
U1  - 346.73/0865728 22
PY  - 2010///
CY  - Santa Monica, CA
PB  - RAND
KW  - No-fault automobile insurance
KW  - Law and legislation
KW  - United States
KW  - Liability for traffic accidents
KW  - Assurance-automobiles sans égard à la responsabilité
KW  - États-Unis
KW  - Responsabilité pour accidents de la route
KW  - LAW
KW  - Administrative Law & Regulatory Practice
KW  - bisacsh
KW  - BUSINESS & ECONOMICS
KW  - Insurance
KW  - Automobile
KW  - fast
KW  - nli
KW  - Electronic books
KW  - gtlm
N1  - Includes bibliographical references; 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
N2  - 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
UR  - https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=314465
ER  -