The Economics and Politics of Choice No-Fault Insurance
Editors: Lascher, Edward L. Jr., Powers, Michael R. (Eds.)
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- About this book
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In recent years, choice no-fault has emerged as a popular but controversial proposal for addressing the problem of high automobile insurance rates. Choice plans offer consumers the option of a lower-cost insurance policy with restrictions on filing lawsuits or a higher-cost policy with full tort rights. Some American states have implemented choice programs, and major federal choice legislation is now pending in the United States Congress.
Choice no-fault has caught the attention of policy makers, the insurance industry, and academics. Until now, however, no single book has pulled together the available research on the topic. The Economics and Politics of Choice No-Fault Insurance fills that gap. Edited by scholars from different disciplines, each of whom has written extensively on automobile insurance issues, the book includes some of the best work in the area. Former Massachusetts Governor and presidential candidate Michael S. Dukakis wrote the foreword.
Contributors include University of Virginia Law Professor Jeffrey O'Connell, widely considered the `father of no-fault,' as well as authors of the influential RAND study of the potential effects of choice no-fault on insurance rates. The book chapters, most of which were written especially for this volume, cover topics ranging from the impact of choice no-fault on accidents and driving behavior, to the effects of choice on medical care usage, to alternative approaches for resolving accidents involving both `no-fault' and `tort' electors, to the political feasibility of choice legislative proposals. Emphasis on the potential advantages of choice no-fault is balanced by consideration of possible ill effects.
- Table of contents (12 chapters)
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An Introduction to Choice No-Fault
Pages 3-16
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Choice No-Fault Insurance: Efficiency and Equity
Pages 17-28
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The Effects of Choice Auto Insurance on Costs and Compensation
Pages 31-66
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The Case Against Auto Choice
Pages 67-93
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The Effect of No-Fault Auto Insurance on Driver Behavior and Auto Accidents in the United States
Pages 95-138
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Table of contents (12 chapters)
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Bibliographic Information
- Bibliographic Information
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- Book Title
- The Economics and Politics of Choice No-Fault Insurance
- Editors
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- Edward L. Jr. Lascher
- Michael R. Powers
- Series Title
- Huebner International Series on Risk, Insurance and Economic Security
- Series Volume
- 24
- Copyright
- 2001
- Publisher
- Springer US
- Copyright Holder
- Springer Science+Business Media New York
- eBook ISBN
- 978-1-4615-1541-8
- DOI
- 10.1007/978-1-4615-1541-8
- Hardcover ISBN
- 978-0-7923-7467-1
- Softcover ISBN
- 978-1-4613-5605-9
- Series ISSN
- 0924-5014
- Edition Number
- 1
- Number of Pages
- XI, 344
- Topics
