The statistic shows the number of private passenger cars insured in the shared and voluntary markets in Massachusetts in 2009. In that year, there were 106,328 cars insured in the shared market. Altogether, the number of cars insured in Massachusetts amounted to approximately 4 million.
Number of private passenger cars insured in the shared and voluntary markets in Massachusetts in 2009
The assigned risk and other plans are known in the insurance industry as the shared, or residual, market. Policyholders in assigned risk plans are assigned to various insurance companies doing business in the state, since they cannot obtain auto insurance in the private market.
In the voluntary, or regular, market, auto insurers are free to select policyholders.
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Insurance Information Institute. (February 7, 2011). Number of private passenger cars insured in the shared and voluntary markets in Massachusetts in 2009 [Graph]. In Statista. Retrieved December 11, 2024, from https://www.statista.com/statistics/214955/private-passenger-cars-insured-in-massachusetts/
Insurance Information Institute. "Number of private passenger cars insured in the shared and voluntary markets in Massachusetts in 2009." Chart. February 7, 2011. Statista. Accessed December 11, 2024. https://www.statista.com/statistics/214955/private-passenger-cars-insured-in-massachusetts/
Insurance Information Institute. (2011). Number of private passenger cars insured in the shared and voluntary markets in Massachusetts in 2009. Statista. Statista Inc.. Accessed: December 11, 2024. https://www.statista.com/statistics/214955/private-passenger-cars-insured-in-massachusetts/
Insurance Information Institute. "Number of Private Passenger Cars Insured in The Shared and Voluntary Markets in Massachusetts in 2009." Statista, Statista Inc., 7 Feb 2011, https://www.statista.com/statistics/214955/private-passenger-cars-insured-in-massachusetts/
Insurance Information Institute, Number of private passenger cars insured in the shared and voluntary markets in Massachusetts in 2009 Statista, https://www.statista.com/statistics/214955/private-passenger-cars-insured-in-massachusetts/ (last visited December 11, 2024)
Number of private passenger cars insured in the shared and voluntary markets in Massachusetts in 2009 [Graph], Insurance Information Institute, February 7, 2011. [Online]. Available: https://www.statista.com/statistics/214955/private-passenger-cars-insured-in-massachusetts/