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 77 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
Thanks for the timely response, appreciate it

EAN94

  • Member
  • Posts: 307
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Although average brain size increases gradually though time in H. erectus, individuals with small br Although average brain size increases gradually though time in H. erectus, individuals with small br
Bones change radically in size and shape from newborn to adult, as these cervical vertebrae demonstr Bones change radically in size and shape from newborn to adult, as these cervical vertebrae demonstr
Cartoon of Uncle Sam teaching states in Puck Cartoon of Uncle Sam teaching states in Puck
The ability to roll the tongue is one of several traits that represent the dominant allele. The ability to roll the tongue is one of several traits that represent the dominant allele.
By the People: A History of the United States, AP Edition By the People: A History of the United States, AP Edition
Doty's data show a very rapid drop in late adulthood in the ability to identify smells Doty's data show a very rapid drop in late adulthood in the ability to identify smells
Video: hGH (protein synthesis, growth and development)

For a complete list of videos, visit our video library