Question

Would the accident rate be higher or better if states did not require drivers to carry liability insurance? please respond with a minimum of 200 words

Answer 1

If government of state did not require drivers to carry liability insurance then the accident rate would be higher because liability insurance is a part of the general insurance system of risk financing to protect the purchaser (the "insured") from the risks of liabilities imposed by laws and similar claims.actually liability insurance is for the third party in which payment is typically not possible to insured person and payment is made to the third party who suffers a loss due to accident. And if the state didn't require such policy then the drivers of the vehicles are free to drive as they want which increases the rate of accident because such policy bounds the drivers for any crime and criminal activities.

If such type insurance policy is not there the criminal activities increases the drivers started to take the such contract to kill the people with accident and shows them innocent by normal hit and run case .To avoid such crimes liability insurance is required.

Liability insurance also provide benefits to the third party if the accident was not intentionally done and due to any fault.

The crime is not uninsurable . In contrast to liability insurance, it is possible to obtain loss insurance to compensate others losses as the victim of a crime.

So,lliability insurance is required to prevent any such crimes and criminal activities Like intentionally accident.it must be compulsory to have liability insurance and reduces the accident.