Residual Market

Message

Author

Posted: Sat Jul 08, 2006 10:45 am Post subject: Residual Market

Residual Market Facilities, such as assigned risk plans and FAIR Plans, that exist to provide coverage for those who cannot get it in the regular market. Insurers doing business in a given state generally must participate in these pools. For this reason the residual market is also known as the shared market.

lakemen

Site Admin

Joined: 18 May 2005
Posts: 1279

319.21 Dollars($)

Quick Reply

Your Name

Subject

Message body

We Make You Insurance Smart