19 Miss. Code. R. 4-3.01

Current through December 10, 2024
Rule 19-4-3.01 - Purposes of Plan

The purposes of the Plan are to make automobile bodily injury, property damage, and medical payment liability insurance available to vehicles registered with the Mississippi Division of Motor Vehicles, subject to the conditions hereinafter stated and in the Mississippi Plan of Operation (hereinafter the "Plan of Operation") and the Mississippi Automobile Insurance Plan of Rules and Rates (hereinafter the "Plan Manual"). The Plan may issue private passenger motor vehicle policies, and commercial motor vehicle policies in the name of the Plan. Such policies shall be recognized as if issued by an insurance company authorized to issue insurance in this state. The Plan shall also establish procedures for the sharing of premium, losses, costs, and expenses generated by the Personal Automobile Insurance Procedure (hereinafter "PAIP") among all subscriber companies writing voluntary private passenger non-fleet (hereinafter "PPNF") and the Commercial Automobile Procedure (hereinafter "CAIP") among all subscriber companies writing voluntary other than private passenger (hereinafter "OTPP") policies in the State of Mississippi. Copies of the Plan of Operation or Plan Manual may be obtained at www.aipso.com/ms or by calling 1-800-301-6477.

19 Miss. Code. R. 4-3.01

Miss. Code Ann. §§ 83-5-1 (Rev. 2011); 63-15-65 (Rev. 2004).
Amended 4/9/2018
Amended 5/13/2022