Which of the following do not provide motor vehicle liability - ProProfs Discuss
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Which of the following do not provide motor vehicle liability insurance to those applicants who would otherwise be uninsurable?

Which of the following do not provide motor vehicle liability insurance to those applicants who would otherwise be uninsurable?<br/>

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Asked by Allenairtag, Last updated: Nov 09, 2024

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allenairtag

allenairtag

allenairtag
Allenairtag

Answered Aug 26, 2018

Auto Insurance Guaranty Association
Property and Casualty Insurance Guaranty Association
State Board for Property and Casualty Rates

36 O.S. § 996.1. Assigned risk plans. After consultation with the insurance companies authorized to issue automobile liability policies in this state, the Insurance Commissioner shall approve a reasonable plan or plans, fair to the insurers and equitable to their policyholders, for the apportionment among such companies of applicants for such policies and for motor vehicle liability policies who are in good faith entitled to but are unable to procure such policies through ordinary methods. When any such plan has been approved, all such insurance companies shall subscribe thereto and participate therein.
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