What is the primary goal of the Mississippi Automobile Assigned Risk Plan?

The primary goal of the Mississippi Automobile Assigned Risk Plan is to assist high-risk drivers in obtaining coverage. This program is specifically designed to offer insurance to individuals who may find it difficult to secure automobile insurance through standard market channels due to factors such as their driving history or other risk factors.

The Assigned Risk Plan functions by allocating these high-risk drivers to insurance companies that participate in the program, ensuring that they have access to necessary coverage even if traditional insurers deem them uninsurable. This helps to promote inclusion and provide essential protection for all drivers, thereby aiming to improve road safety. The plan does not aim to eliminate risks or reduce premiums; rather, it specifically targets the needs of those who may face challenges in obtaining coverage in the regular insurance market.