What Does Compulsory Insurance Mean?

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

Compulsory Insurance

Compulsory Insurance

Any form of insurance that is required by law. In most states, for example, automobile liability insurance is compulsory for all automobile owners.

We hope the you have a better understanding of the meaning of Compulsory Insurance.

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