Massachusetts No Fault Clause

State:
Multi-State
Control #:
US-OL25072
Format:
Word; 
PDF
Instant download

Description

This office lease clause describes the allocation of risks. The parties desire to allocate certain risks of personal injury, bodily injury or property damage, and risks of loss of real or personal property by reason of fire, explosion or other casualty, and to provide for the responsibility for insuring those risks as permitted by law.

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FAQ

Massachusetts is a No-Fault State Some states, like Massachusetts, use a no-fault car insurance system. Under this system, anyone who gets into a car accident must file a claim with his or her own insurance provider to pay for medical expenses, property damage, and other fees.

In a no-fault claim, the parties are not required to prove any party's blameworthiness to resolve the claim. In contrast, parties to a fault-based claim must prove a party was at fault to prevail on the claim.

No-fault auto insurance laws require every driver to file a claim with their own insurance company after an accident, regardless of who was at fault. In states with no-fault laws, all drivers are required to purchase personal injury protection (PIP), as part of their auto insurance policies.

In Massachusetts, you can be held responsible to any and all persons injured by your motor vehicle. Vicarious liability protects injured parties; get yourself protected as well.

Overall, while no-fault insurance can provide some benefits, such as quick access to medical care and lost wages, it also has several drawbacks, including higher premiums, limited options for seeking compensation, and potential lack of incentives for safe driving.

No-fault auto insurance doesn't mean you're not at-fault, just that you'll only deal with your own insurer. In formal terms, no-fault insurance is when a reimbursement from any loss as a result of an insured risk is paid for by your insurer, not someone else's.

What is a non-fault claim? A non-fault claim is when a third party is involved and has complete liability for the incident. An example is someone pulling out at a junction and hitting your car, or hitting you from behind while your car is waiting at traffic lights.

Does a no-fault accident go on your record? Yes, it will. In a no-fault state, you'll have to submit a claim for reimbursement with your insurance company to obtain compensation. This claim for reimbursement will go on your driving record, whether or not you were actually at-fault for the accident.

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Massachusetts No Fault Clause