What Is Assigned Risk Insurance?

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What Is Assigned Risk Insurance? – This is a place for the community to provide tips and advice on What Is Assigned Risk Insurance?. This topic was created by Birgit Starmanns and the tips are provided by the community. The tips you add here can be your own or referred from another site. The best tips are then ranked at the top when up-voted by members of the community.

Tip 1 - What is assigned-risk insurance? definition and meaning

Published: 9 years, 1 month(s) ago | Submitted by Ru Kesia | permalink

Definition of assigned-risk insurance: Liability coverage for certain individuals (such as reckless drivers) who cannot buy conventional insurance policies due to their adverse record. They are assigned by the government to insurance compa...

For further reading: http://www.businessdictionary.com/definition/assigned-risk-insurance.html ^[1]

Tip 2 - Assigned+Risk

Published: 9 years, 1 month(s) ago | Submitted by Christopher Heermans | permalink

Definition of Assigned+Risk in the Legal Dictionary by The Free Dictionary

For further reading: http://legal-dictionary.thefreedictionary.com/Assigned%2BRisk ^[2]

Tip 3 - Assigned Risk Insurance Explained

Published: 9 years, 1 month(s) ago | Submitted by Catherine Dunn | permalink

You may only qualify for assigned risk insurance at the moment, but there are ways to improve your status to move up to conventional coverage.

For further reading: http://www.carsdirect.com/car-insurance/what-does-assigned-risk-mean ^[3]

Tip 4 - Assigned Risk Definition | Investopedia

Published: 9 years, 1 month(s) ago | Submitted by David Kissinger | permalink

A risk that an insurance company is required to provide coverage for by state insurance law.
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For further reading: http://www.investopedia.com/terms/a/assigned-risk.asp ^[4]