This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Some states do not require an individual to demonstrate the ability to pay an automobile liability ... (Read 75 times)

ashley

  • Hero Member
  • *****
  • Posts: 584
on: Jul 11, 2018
Some states do not require an individual to demonstrate the ability to pay an automobile liability claim until after the individual has been involved in an accident or has been convicted for certain offenses,
 
  such as driving under the influence of alcohol. This approach to dealing with compensating innocent auto accident victims is called a(n)
  A) unsatisfied judgement fund.
  B) financial responsibility law.
  C) uninsured motorist law.
  D) compulsory insurance law.

Question 2

Some insurance companies intentionally seek to insure motorists with poor driving records. These insurers commonly insure drivers who have been turned-down or canceled by other insurers.
 
  What name is given to insurers who provide coverage to these higher-than-average risks drivers?
  A) alien insurers
  B) guaranty fund insurers
  C) specialty insurers
  D) surplus lines insurers


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

tandmlomax84

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: B

Answer to Question 2

Answer: C


ashley

  • Member
  • Posts: 584
Reply 2 on: Jul 11, 2018
Gracias!

Hdosisshsbshs

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Cognitive behaviour involves problem-solving ability. Cognitive behaviour involves problem-solving ability.
Feral pigs in the United States (here Cape Canaveral, Florida) Feral pigs in the United States (here Cape Canaveral, Florida)
Generally, the total tax burden in the United States is much lower than that of other industrialize Generally, the total tax burden in the United States is much lower than that of other industrialize
Decomposition of Productivity Gap Between India and the United States Decomposition of Productivity Gap Between India and the United States
Researchers compared the ability to recognize various kinds of facial expressions across young adult Researchers compared the ability to recognize various kinds of facial expressions across young adult
Video: Causes of Angina

For a complete list of videos, visit our video library