Exam DISC-RM Practice Question 14
Study guide: Exam DISC-RM
A start-up that rents out a new kind of personal flying drone seeks liability insurance. Admitted insurers decline it because the exposure has no loss history. Through which part of the property-casualty marketplace is the coverage most likely to be placed?
- A) The surplus lines market, through a licensed surplus lines broker
- B) The residual market, through the state's assigned risk plan
- C) The admitted market, through a direct writer's employee
- D) A state guaranty fund, which insures risks the market declines
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