Unsatisfied Judgment Fund

Definition of "Unsatisfied judgment fund"

Andrea Cerza
Andrea Cerza Coldwell Banker Residential Brokerage

Money set aside in some states to pay otherwise uncompensated bodily injury claims to innocent victims of automobile accidents. The claimants must prove that they were not at fault and that they cannot collect damages from the drivers who hit them. The responsible drivers then lose their licenses until they reimburse the fund.

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