Secretary of State No.

232

Description

NO-FAULT INSURANCE. INITIATIVE STATUTE. Establishes a compulsory no-fault insurance system for payment of basic reparation benefits to persons injured by motor vehicle accidents. Specifies types and maximums of allowable benefits. Non-economic detriments are excluded. Property damage is not covered. Allows future adjustment of maximums to reflect economic condition changes. Requires motor vehicle owners to obtain insurance covering basic reparation benefit payments or qualify as self-insurer. Prohibits vehicle registration unless owner insured. Creates assigned claims plan to pay benefits to specified persons not otherwise insured. Tort liability for motor vehicle accidents is abolished with specified exceptions. Includes numerous implementing provisions. Fiscal impact on state or local governments: annual state costs would be increased by at least $7 million dollars. Annual state savings of approximately $750,000, and annual local savings of an undetermined amount could occur as a result of a change from a tort liability system to a no-fault system for motor vehicle insurance.

Proponents

Mr. Ernie Kell, 3471 Marna Avenue, Long Beach, Ca 90808

Date

1-7-1980

Document Type

Initiative

Qualified

Failed to Qualify

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