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assigned risk

noun

Definition of assigned risk

: a poor risk (such as an accident-prone motorist) that insurance companies would normally reject but are forced to insure by state law

First Known Use of assigned risk

1940

in the meaning defined above

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Law Dictionary

assigned risk

noun

legal Definition of assigned risk

: a poor risk (as an accident-prone driver) that insurance companies would normally reject but are forced to insure by state law

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