HR 4023 · 93th Congress · Automobile insurance
National No-Fault Motor Vehicle Insurance Act
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Interstate and Foreign Commerce.(1973-02-07)
Plain Language Summary
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National No-Fault Motor Vehicle Insurance Act - Provides that every person suffering loss from injury arising out of maintenance or use of a motor vehicle has a right to basic reparation benefits if the accident causing injury occurs in any State. Defines those persons and their survivors who shall have such right where the accident causing injury occurs outside any State. Provides that basic reparation benefits shall be paid without regard to fault. Provides for a priority of applicability of security for payment of basic reparation benefits. Abolishes tort liability related to motor accidents arising from the ownership, maintenance, or use of a motor vehicle except as otherwise enumerated in this Act. Sets forth requirements for a minimum tort liability insurance and territorial coverage. Limits the basic reparation benefits payable for work loss, survivor's economic loss, replacement services loss, and survivor's replacement services loss arising from injury to one person and attributable to the calendar week during which the accident causing injury occurs and to each calendar week thereafter to a maximum of $200. Authorizes the Secretary of Transportation to issue regulations f…
Summarized by Claude AI · Non-partisan · For informational purposes only