Re:Egypt demands over $1B in damages after Suez Canal blockage
by throw0101a on Sunday April 04, 2021 @11:03AM
(#26689981)
> Here in Ontario, we have no fault insurance […]
I really wish it was named something else, because it causes all sorts of confusion:
> A common misconception about no-fault insurance is that insurance companies won't determine who is at fault after an accident. However, this isn't the case. According to the Ontario Insurance Act, in every accident with multiple drivers, insurance companies must always assign a percentage of fault to each driver involved. Other provinces have similar laws.
> No-fault insurance simply means your insurance company will handle your claim and pay your damages regardless of who is determined to be at fault for causing the collision. The other person’s insurance company will do the same.
I really wish it was named something else, because it causes all sorts of confusion:
> A common misconception about no-fault insurance is that insurance companies won't determine who is at fault after an accident. However, this isn't the case. According to the Ontario Insurance Act, in every accident with multiple drivers, insurance companies must always assign a percentage of fault to each driver involved. Other provinces have similar laws.
> No-fault insurance simply means your insurance company will handle your claim and pay your damages regardless of who is determined to be at fault for causing the collision. The other person’s insurance company will do the same.
* https://www.insurancehotline.com/resources/no-fault-insuranc...
There are legislated rules on determining fault in the most common cases:
* https://en.wikipedia.org/wiki/Ontario_Fault_Determination_Ru...