No-fault inusrance cut costs: study
The costs arising from personal injuries in auto accidents Illinois would be down 17.3 percent a no-fault type of insurance system, according to a new study.
It is not surprising that research concludes that the same mistakes would-plan, the amount of compensation that an injured person is 15 percent.
The results are part of an independent German study published Thursday by the RAND Institute for Civil Law in Santa Monica, Calif.
Illinois is one of 27 states maintaining the traditional “offence” system under which victims of accidents on the possibility of compensation for their losses.
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