Janet was unable to obtain auto insurance in the voluntary insurance m
Janet was unable to obtain auto insurance in the voluntary insurance market. She was contacted by the state insurance department and notified that XYZ Insurance would be her insurer.
The mechanism used in Janet’s state to provide auto insurance to high-risk drivers is a(n)
A) automobile insurance plan.
B) joint underwriting association.
C) specialty automobile insurer.
D) reinsurance facility.
ANSWER
Answer: A
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