Bill was severely injured by an uninsured driver.Bill did not purchase uninsured motorists coverage,and the other driver,although held liable,could not pay the damages awarded.After exhausting all sources of recovery,Bill obtained some relief from a state fund designed to compensate individuals like Bill.These state funds are called
A) guaranty funds.
B) unsatisfied judgment funds.
C) rainy-day funds.
D) second injury funds.
Correct Answer:
Verified
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