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assigned risk

noun

Definition of assigned risk

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

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First Known Use of assigned risk

1940

Law Dictionary

assigned risk

noun

Legal Definition of assigned risk

  1. :  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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  1. See words that rhyme with assigned risk

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