It is an automobile insurance that reimburses the parties involved in an accident without regard to negligence.
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A. B. C. D.A
The correct answer is A. No-fault automobile insurance.
No-fault automobile insurance is a type of car insurance policy that pays benefits to the policyholder and other parties involved in a car accident, regardless of who was at fault. This type of insurance is often required by law in some states.
Under a no-fault automobile insurance policy, the insured person is entitled to benefits for injuries and damages sustained in an accident, regardless of whether they were responsible for causing the accident or not. The policy typically covers medical expenses, lost wages, and other related costs.
The purpose of no-fault automobile insurance is to provide a quicker and more efficient way to resolve claims and compensate injured parties. With no-fault insurance, there is no need to determine fault or assign blame, which can save time and money.
Comprehensive automobile insurance (B) typically covers damage to your car that is not caused by a collision, such as theft, vandalism, or natural disasters. Collision insurance (C) pays for damage to your car in the event of an accident, regardless of who is at fault. Automobile accidental damage coverage (D) is a more general term that may include collision coverage, but could also refer to coverage for damage caused by other perils, such as fire or theft.
In summary, the correct answer to the question is A. No-fault automobile insurance, which provides benefits to the policyholder and other parties involved in an accident, regardless of who was at fault.