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Compensating innocent victims of high-risk

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Compensating innocent victims of high-risk drivers is problematic for society. An automobile insurance plan (assigned risk plan) is one approach to the problem of providing auto insurance to high-risk drivers.

a. What is an automobile insurance plan?

b. Describe the eligibility requirements for obtaining insurance from an automobile insurance plan. c. Explain the process for assigning high-risk drivers to individual insurers.

d. Explain the disadvantages of automobile insurance plans.

Reference no: EM131046940

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Compensating innocent victims of high-risk : Compensating innocent victims of high-risk drivers is problematic for society. An automobile insurance plan (assigned risk plan) is one approach to the problem of providing auto insurance to high-risk drivers.
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