19 Miss. Code. R. 4-3.12

Current through December 10, 2024
Rule 19-4-3.12 - Assignment Period

The Plan or CAIP servicing carrier shall write the applicant for a period of three consecutive years, except in the event a financial responsibility filing is required, the Plan or CAIP servicing carrier shall carry the risk for the period of Financial Responsibility Filing, but in no event in excess of 5 years. The Plan or CAIP servicing carrier shall not extend or offer to renew a policy beyond the fifth year. If an insured is unable to obtain insurance at the end of the 3 year period, reapplication for insurance may be made to the Plan. Such reapplication shall be considered as a new application.

In the case of non-resident military personnel, the Plan or CAIP servicing carrier, shall not be required to renew if at the time of renewal the insured is stationed in another state and his/her automobile is not registered in Mississippi.

19 Miss. Code. R. 4-3.12

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