The residual market for auto insurance is designed to provide insuranc
The residual market for auto insurance is designed to provide insurance to
A) superior risks who qualify for substantial discounts.
B) owners of vintage/antique autos where the replacement cost far exceeds the actual cash value.
C) drivers who are unable to obtain coverage in the standard market.
D) businesses that need to insure a fleet of vehicles under a single policy.
ANSWER
Answer: C
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