Choose the true statement.
A) FAIR plans were developed to provide insurance to automobile drivers when coverage is otherwise unavailable.
B) FAIR plans are now found in all states.
C) FAIR plans require that each property owner that requests it, be given an inspection of his property and an offer of insurance at an appropriate rate or written notice of improvements needed before insurance can be offered.
D) In general, FAIR plans have shown underwriting gains in most states in most years.
Correct Answer:
Verified
Q2: Participants in the American insurance market include
Q3: Prior to September 11, 2001, property insurance
Q4: Stare decisis means:
A) to stand by decisions
B)
Q5: In most states the insurance commissioner is:
A)
Q6: In choosing an insurance company, the most
Q7: The text suggests that insurance consumers should:
A)
Q8: Which of the following Latin terms means
Q9: All the following are true concerning FAIR
Q10: The A.M. Best Company can help you
Q11: All of the following are rights of
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