assigned risk

One who is a poor risk for insurance but whom an insurance company is forced to insure because of state law.

• For example, an accident-prone driver is an assigned risk in a state with a compulsory motor-vehicle-insurance statute. [Cases: Insurance 1528. C.J.S. Insurance § 63.]

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词条贡献者

法律翻译Scott，毕业于新加坡知名法学院，专注翻译各类与豪华住宅买卖有关的法律文件。