What type of damages does personal lines insurance cover under 'no-fault insurance'?

No-fault insurance is designed to provide coverage for both bodily injuries and property damage without assigning fault to either party in an accident. This means that regardless of who is responsible for the accident, the insurance company will cover the costs of medical expenses and repair costs up to a certain limit. This approach promotes quick recovery for injured parties and reduces the amount of litigation and disputes over fault, helping to streamline the claims process. In the context of personal lines insurance, this coverage is particularly beneficial as it offers financial protection to individuals involved in accidents, enabling them to receive necessary medical treatment and vehicle repairs promptly.