Sentences with phrase «voluntary market choose»
Auto insurance companies in Maine's voluntary market choose to insure drivers who they consider «good risk» for the business, and reject those they consider «bad risk» or «high risk» drivers that would represent losses.
https://www.valuepenguin.com/ Not exact matches
However, if you have a history of motor vehicle violations or accidents, insurers in the state may choose not to cover you in the «voluntary» market.
Drivers in North Dakota are advised to consider the Plan as a last resort because premiums are usually higher through the AIP, whereas drivers have the freedom and option to choose cheap auto insurance among insurers in ND's voluntary market.
Insurers licensed in Rhode Island have the freedom to choose the type of drivers they prefer to cover in the voluntary market.
So while you will get coverage, you won't be able to choose your insurance provider as you would in the voluntary market.