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[–] MetalAegis 0 points 2 points (+2|-0) ago  (edited ago)

Where I live 'no-fault' insurance is mandatory. It doesn't matter whos fault it the accident was, the parties pay their $700 deductible which is taken from the value of the cars and whats left is paid out (provided the accident left you with a write off).

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[–] thrus ago 

And then the insurance companies all sue each other or manufactures to recover their cost, just wanted to add that last step in there as well.

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[–] MetalAegis ago  (edited ago)

No such luck, our insurance provider is owned by the province. There is only one and it has a total monopoly. With no competition they can change whatever they like, I pay $136/m for a 2008 F150 for example.