High-risk insurance pools in some states allow drivers with poor driving records to obtain minimum coverage at a lower cost than would otherwise be offered by a private insurer. True or false?

Question

Business

Genevieve Haynes

8 March, 21:14

High-risk insurance pools in some states allow drivers with poor driving records to obtain minimum coverage at a lower cost than would otherwise be offered by a private insurer. True or false?

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Answers (1)

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Adam Strickland · Answer 1

True

Explanation:

It is true that high-risk insurance pools in some states allow drivers with poor driving records to obtain minimum coverage at a lower cost than would otherwise be offered by a private insurer. High-risk drivers can only get insurance through the shared market plans if they are unable to obtain insurance.