Some insurance companies intentionally seek to insure motorists with poor driving records.These insurers commonly insure drivers who have been turned-down or canceled by other insurers.What name is given to insurers who provide coverage to these higher-than-average risks drivers?
A) alien insurers
B) guaranty fund insurers
C) specialty insurers
D) surplus lines insurers
Correct Answer:
Verified
Q38: The residual market for auto insurance is
Q39: Scott had trouble obtaining auto insurance.After three
Q40: A state law that requires individuals who
Q41: Which of the following statements is (are)true
Q42: Ben lives in a state that has
Q43: Which of the following statements is true
Q44: Some insurers are experimenting with the use
Q46: A number of technological innovations will impact
Q47: One benefit payable under a typical no-fault
Q48: Some states do not require an individual
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents