compulsory insurance

Statutorily required insurance; esp., motor-vehicle liability insurance that a state requires as a condition to registration of the vehicle. [Cases: Automobiles 43. C.J.S. Motor Vehicles §§ 223–224.]

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词条贡献者

法律翻译大智，毕业于世界顶级翻译学院，专注翻译各类与税务、财富规划服务和高管薪酬有关的法律文件。