Explaining Assigned Risk Pools for Auto Insurance
High-risk drivers usually experience difficulty finding car insurance. The risk of insuring these drivers is something most insurance companies are unwilling to take. It’s understandable because they can make claims that exceed their annual premiums in the long run, as a typical high-risk driver has had too many accidents and speed tickets. Insurance providers decline them any offer for insurance. Assigned risk pools for auto insurance are your last resort when other options fail. They offer the state’s minimum insurance coverage when other insurers turn you down. What Is an […]
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