A History of Uniform Automobile Assigned Risk Plan

Automobile Assigned Risk Plans have become one of the most important facilities of the Automobile Liability Insurance Industry. It is undoubtedly true that no facet of the business has consistently been the object of more interest and attention. The plans perform the extremely necessary function of bridging the gap between the voluntary insurance facilities and the needs of the insuring public. They are extremely sensitive to changes in market conditions and to general economic situations, and their populations generally rise and fall in keeping with the times. The structure of the plans has been subject to almost constant change to meet the demands placed upon them by public need and the resulting evolution has continued virtually unabated for nearly the last twenty years, and the ever changing complexion of the plans has been an interesting process.