Actuarial Notes

Exam DISC-RM Practice Question 17

Study guide: Exam DISC-RM

A driver with several at-fault accidents has been declined by every auto insurer he has approached, but his state requires auto liability insurance. How is he most likely to obtain coverage?

  • A) Through the state's assigned risk plan, which places him with an insurer in the state
  • B) Through the state guaranty fund, which insures drivers the voluntary market has rejected
  • C) From a reinsurer, which accepts the individual risks that primary insurers decline
  • D) Through the state's FAIR Plan, which writes liability coverage for high-risk drivers

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