What is the premise behind No-Fault insurance in Ontario?

The concept of No-Fault insurance in Ontario is centered around the idea that claims are processed without the need to establish who is at fault for the accident. This system is designed to make the process of obtaining compensation for injuries and damages more straightforward and efficient for all parties involved.

By allowing claims to be processed regardless of who caused the accident, No-Fault insurance aims to reduce legal battles over fault determination and helps ensure that individuals receive timely benefits for medical expenses, rehabilitation, and lost wages, regardless of their role in the incident. This approach minimizes the adversarial nature of car insurance claims and instead focuses on providing necessary support to those injured.

The other options involve aspects that are not aligned with the No-Fault insurance model; for instance, payouts based on fault would contradict the very premise of the system. The focus on property damage only is also inaccurate since No-Fault insurance covers bodily injuries as well. Lastly, the notion of waiving insurance premiums after an accident does not apply in a No-Fault system, as premiums are based on a variety of factors and not solely on the occurrence of an accident.