The Effects of a Choice Automobile Insurance Plan on Insurance Cost and Compensation: An Updated Analysis
Stephen J. Carroll, Allan F. AbrahamseISBN: 0833026100;
This book updates an earlier study in which the authors estimated the effects of a choice automobile insurance plan on the costs of compensating auto accident victims in which the no-fault option was absolute no-fault (ANF). In their current analysis, using 1992 data, the authors replicate their analyses for 46 states and find that the choice plan could substantially reduce the costs of compensating people injured in auto accidents.
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