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Which of the following provides motor vehicle liability insurance to those applicants who would otherwise be uninsureable?

A. Auto Assigned Risk Plan
B. Auto Insurance Guaranty Association
C. Property and Casualty Insurance Guaranty Association
D. State Board for Property and Casualty Rates

User Ravun
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1 Answer

3 votes

Final answer:

The Auto Assigned Risk Plan provides motor vehicle liability insurance to otherwise uninsurable applicants.

Step-by-step explanation:

The correct answer is A. Auto Assigned Risk Plan. The Auto Assigned Risk Plan is designed to provide motor vehicle liability insurance to applicants who would otherwise be uninsurable. These are individuals who have been denied coverage by standard insurance companies or have been placed in a high-risk category.

The Auto Insurance Guaranty Association (Option B) is a different type of organization that operates as a safety net for policyholders in the event that their insurance carrier becomes insolvent. Option C, the Property and Casualty Insurance Guaranty Association, also serves as a safety net, specifically for property and casualty insurance policies. Option D, the State Board for Property and Casualty Rates, is responsible for regulating insurance rates in a particular state.

User Bobby
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