Understanding the Fundamentals of Tort Insurance

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Tort insurance is auto insurance designed to limit the number of auto accident lawsuits, specifically regarding “pain and suffering” and “loss” claims. Tort insurance pays medical bills for an auto accident, regardless of fault, but can limit the right of one party to file lawsuits over pain and suffering. Limited tort limits the ability of one party to sue for damages that are not economical, that is, claims that do not impact the finances of the injured party. Pain and suffering claims fall into this category, since it refers to…

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