What Does Assigned Risk Mean?

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What does Assigned Risk mean? Read on to discover the definition & meaning of the term Assigned Risk - to help you better understand the language used in insurance policies.

Assigned Risk

Assigned Risk

An assigned risk is a risk that a state government assigns to a group of insurance companies. These are typically risks that the insurance providers would not take on voluntarily.

We hope the you have a better understanding of the meaning of Assigned Risk.

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