MLchartDataset catalogue

Nonstandard auto insurance

Term · Insurance and risk management · MLC-T-INS-002358

Insurance coverage for drivers who are considered high-risk and are unable to obtain a policy in the standard or preferred market. These drivers may have a poor driving record with multiple accidents or violations, a lapse in coverage, a DUI conviction, or an unusual vehicle. Premiums for nonstandard policies are substantially higher than for standard policies, and the coverage options are more restricted.

Table 1. Record
IdentifierMLC-T-INS-002358
FieldInsurance and risk management
SubjectPersonal Lines
Record as JSON 
{
  "id": "MLC-T-INS-002358",
  "term": "Nonstandard auto insurance",
  "field": "Insurance and risk management",
  "definition": "Insurance coverage for drivers who are considered high-risk and are unable to obtain a policy in the standard or preferred market. These drivers may have a poor driving record with multiple accidents or violations, a lapse in coverage, a DUI conviction, or an unusual vehicle. Premiums for nonstandard policies are substantially higher than for standard policies, and the coverage options are more restricted.",
  "subject": "Personal Lines",
  "url": "https://mlchart.com/terminology/insurance/nonstandard-auto-insurance/"
}

Record 2,360 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.