Dictionary.com

Popular Searches

 Thesaurus.com

reciprocal insurance

American  

noun

  1. insurance in which members of a reciprocal exchange, acting through an attorney-in-fact, insure themselves and each other.

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Also sometimes known as reciprocal insurance exchanges, they include USAA, Automobile Club of Southern California, Amica Mutual and NJM Insurance.

From New York Times

If such occur, then comes in the assistance of the reciprocal insurance.

From Project Gutenberg

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.