No Fault insurance is coming to Alberta. What does that mean?

Here's the basics of no-fault.  

1. If you're injured by someone, you don't get the courts' help determining your fair compensation.

2. In theory, the treatments for your injuries are paid for. (That's how Section B coverage works already.  Your medically necessary treatments are covered for the first two years after an accident on a no fault basis.)

Have you ever made a Section B claim?  Was the insurance company easy to deal with? Did they send you to "their" doctor for an "independent" medical examination that showed you weren't injured and then cut you off? This happens all the time, and it happens because Section B is a little portion of "No Fault" coverage built into your coverage already.

Ever make a WCB claim? Same sort of thing. Victims are made to feel as though they are responsible.

3. No fault means that the drunk driver or texting driver who causes your injuries, for example, can get just as much compensation for their injuries.

Is this what we're paying premiums for? Why are we doing this as a province?

Let's be clear - I'm a personal injury lawyer.  Of course, if the province goes No Fault, I won't be helping people injured in motor vehicle accidents get compensated, so that work will dry up for me. Injured people will be on their own against insurance companies.  Am I biased? Maybe. I don't know how I can prove I'm not, but I can tell you that I spend all my time trying to help people navigate the system.

The other voice here is that of the insurance companies. They make money by maximizing premiums and minimizing payouts.  (They also make a lot of money by investing the premiums. When B.C. saw the premiums coming in, they rolled it into their general revenue instead of investing it. Now, their premiums keep going up because ICBC isn't making investment income.) Are insurance companies biased? Definitely.

I guess people are going to have to make their own decisions.  Do you believe people should be held responsible for their actions? Do you trust the insurance companies?