Multiple Choice
In the state where Susan lives,drivers whom private insurance companies do not want to insure are placed in a common pool,and each insurer pays its pro rata share of pool losses and expenses.A common policy is used for all high-risk drivers.Susan's state handles high-risk drivers through a(n)
A) automobile insurance plan.
B) joint underwriting association.
C) pure no-fault plan.
D) specialty auto insurer.
Correct Answer:
Verified
Correct Answer:
Verified
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