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    3. USAA and Specialists

    USAA and Specialists terms

    Military, regional and niche insurers.

    Latest coverage of this topic All glossary
    County mutual insurance companyA Texas insurer type, exempt from many state insurance laws, that many auto insurers use to issue their Texas policies.Fronting carrierA licensed insurer that issues policies under its own name for another company and passes most of the risk to that company through reinsurance.Managing general agentA specialized agency with authority to underwrite, price and often handle claims for an insurer, which carries the risk and issues the policies.Nonstandard auto insuranceCoverage sold to drivers that standard insurers decline or price steeply, such as those with DUIs, many tickets, lapses or little license history.Reciprocal insurance exchangeA policyholder-owned insurer in which members, called subscribers, insure one another through a manager known as an attorney-in-fact.

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