I have heard New York is a “no fault” state. What does that mean?

In a “no fault” state, your own insurance company pays for your injuries and damages (up to preset policy limits) regardless of which driver is at fault for the accident. In some states, who pays for the expenses related to the accident is determined by who caused the accident. “No fault” laws are intended to lower insurance rates and reduce the time it takes to get payment for your damages.