No-Fault Insurance in New Jersey

The concept of no-fault insurance claims first began in the United States in the early 1930’s, though it did not gain much popularity until it was refined in 1965 by Professors Robert Keeton and Jeffrey O’Connell. No-fault insurance, sometimes referred to as Personal Injury Protection (PIP), allows for the payment of medical expenses and other damages such as lost wages due to injury resulting from an auto accident. PIP was constructed with the intent to reduce the incentive to litigate as well as shorten the settlement wait-time brought on by the litigation process. If medical debts are being taken care of through each party’s personal auto insurance, the injured parties will be able to reap their full compensation immediately, regardless of who may have caused the accident. Continue reading “No-Fault Insurance in New Jersey”