Automobile Reinsurance Facility

An insurance plan for drivers who otherwise would not be able to obtain automobile insurance. Each state in the U.S. requires insurers to offer an automobile reinsurance facility, at a higher premium. States assign their uninsurable driver to an insurance company, which must provide coverage. This helps people who, by law, must obtain automobile insurance, but are unable to do so because of a poor driving record or for some other reason. Critics contend that it drives up premiums for all policyholders. It is also called the automobile shared market or automatic assigned risk insurance.

单词	automobile reinsurance facility
释义	Automobile Reinsurance Facility Automobile Reinsurance Facility An insurance plan for drivers who otherwise would not be able to obtain automobile insurance. Each state in the U.S. requires insurers to offer an automobile reinsurance facility, at a higher premium. States assign their uninsurable driver to an insurance company, which must provide coverage. This helps people who, by law, must obtain automobile insurance, but are unable to do so because of a poor driving record or for some other reason. Critics contend that it drives up premiums for all policyholders. It is also called the automobile shared market or automatic assigned risk insurance.
随便看	fetch ahead fetch and carry fetch and carry for her fetch and carry for him fetch and carry for me fetch and carry (for someone) fetch and carry for someone fetch and carry for them fetch and carry for us fetch and carry for you fetch and execution cycle fetch bit fetch candle fetch command load fetch cycle fetch-decode-execute fetch-decode-execute cycle fetch, decode, execute, store fetched fetched and carry fetched in fetched out fetched out of fetched up fetched up at