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The Purpose of an Assigned Risk Pool Is to Assist

question 120

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The purpose of an assigned risk pool is to assist people with poor driving records in obtaining automobile insurance coverage.


Definitions:

License Plate Reader

A technology device used by law enforcement and others to capture and analyze vehicle license plates automatically.

Repossession Companies

Businesses specialized in reclaiming property on behalf of a creditor when the borrower fails to keep up with contractual payments.

Law Enforcement Agencies

Organizations at various levels (local, regional, national) responsible for the enforcement of laws and prevention, detection, and investigation of crime.

LPR Companies

Companies specializing in License Plate Recognition technology, which uses optical character recognition on images to read vehicle registration plates.

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