Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “assigned risk”

assigned risk

noun [C]
 
 
US
INSURANCE a person who is refused insurance because of their previous record and must buy insurance from particular insurance companies who can charge them more money: assigned risk insurance/plan State insurance regulations require property and casualty insurers to participate in assigned risk plans to provide high-risk cases with basic insurance coverage.
(Definition of assigned risk from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of assigned risk?
Add Cambridge dictionaries to your browser to your website

Word of the Day

lamb

a young sheep, or the flesh of a young sheep eaten as meat

Word of the Day

The way we move (Verbs for walking and running)

by Kate Woodford,
March 25, 2015
​​​ This week we’re looking at interesting ways to describe the way that people move. Most of the verbs that we’ll be considering describe how fast or slow people move. Others describe the attitude or state of mind of the person walking or running. Some describe both. Starting with verbs for walking slowly,

Read More 

stackin’ p

March 30, 2015
idiom slang earning a lot of money ‘That’s a very generous present.”Yeah, well, she’s stackin’ p, innit?’

Read More