What does robust mean in state?

robust is a term of art in the insurance industry that means a policyholder’s coverage is sufficient to pay their potential losses. For a vehicle insurance policy, for example, robust coverage means the policyholder’s payout for damage or loss from a natural disaster would be capped at a certain dollar amount. The policyholder may be responsible for deductibles, co-payments, or both. If these expenses exceed the policy’s coverage limit, the policyholder is responsible for

What does robust mean in Texas?

robust in Texas means a state that is growing. The state’s population is expected to continue to expand, and these high rates of growth will require more workers, more water, and more electricity. While the state may be able to meet its energy demands without major changes, the increased population and the need for more water will put pressure on the state’s water supply. To keep the state’s water supply protected, Texas is taking proactive steps to increase conservation in its water

What is robust mean in Tennessee?

Robust in the context of this question refers to the quality of your water. Robust water means that your water is pure and safe to drink. Robust water is also balanced and free from pollutants, salts, and other chemicals, including bacteria.

What does robust mean in Michigan?

Robust is used in its most technical sense here. Robust is a term of art in actuarial science, and refers to an insurance policy design that minimizes the risk of catastrophic loss. Robust policies are designed to pay out a certain percentage of the policyholders’ total assets (typically in the range of 5% to 10%) no matter how the loss occurs. This means that if a storm damages your home, a robust policy will pay out the full cost of the damage, even

What does robust mean in Massachusetts?

For example, the state has a 30% unemployment rate. This is far lower than the national average of about 7.9%. Consequently, there will be fewer unemployed people looking for work. Because there will be fewer people looking for jobs, it will be easier for employers to find staff. As a result, the cost of labor will be lower. This will make it easier for employers to pass those savings on to their customers.