Abstract In 1999, bills that would establish a choice auto insurance plan in all states were introduced in both the U.S. Senate (S. 837) and the U.S. House of Representatives (H.R. 1475). These bills would establish an auto insurance plan in every state under which consumers are given a choice between a modified version of their state’s current insurance system (MCS) and an absolute no-fault (ANF) plan.’ This analysis uses data for a representative sample of auto accident victims whose claims were closed in 1997 to estimate the effects of a choice automobile insurance plan that embodies the basic principles of the plans being considered in Congress. However, because of data limitations, we do not consider certain provisions of those plans. These are noted below.
The Effects of Choice Auto Insurance on Costs and Compensation
2001-01-01
36 pages
Aufsatz/Kapitel (Buch)
Elektronische Ressource
Englisch
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