- Non-insurable risk is a condition that creates an unknown or unacceptable risk of loss for coverage by an insurance company.
- Non-insurable risk may include a situation in which insurance is against the law, such as covering criminal penalties.
- A non-insurable risk could be an event that is too likely, such as a hurricane or flood in an area where such disasters occur frequently.
- High-risk coverage is available from some insurance companies, but it can be limited and expensive.