mandatory insurance

Legally compelled protection

Mandatory insurance is coverage required by law or contract.

Auto liability insurance is mandatory in most U.S. states; drivers must carry it to operate vehicles legally.

Health insurance became mandatory under the Affordable Care Act, though enforcement has weakened.

Lenders require homeowners insurance as a condition of mortgage loans.

The state requires mandatory insurance for all registered vehicles.

Opposites
compulsion

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Non-state risk protection

supplemental insurance

coverage status

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Lacking protective coverage

self-insurance · opting out · personal savings · pay-as-you-go

Family

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