New Hampshire Code of Administrative Rules
Ins - Commissioner, Insurance Department
Chapter Ins 1400 - AUTOMOBILE INSURANCE
Part Ins 1406 - PLAN OF OPERATION FOR THE NEW HAMPSHIRE AUTOMOBILE REINSURANCE FACILITY
Section Ins 1406.01 - Purpose
Current through Register No. 12, March 21, 2024
The purpose of this part is:
(a) To make automobile insurance readily available to citizens of the state of New Hampshire at rates and premiums which are adequate, reasonable, and non-discriminatory by approving and promulgating the plan of operation for the New Hampshire automobile reinsurance facility plan, hereinafter "facility";
(b) To specify the basis of participation of insurers and producers therein and the conditions under which eligible risks which are equitably entitled but otherwise unable to obtain automobile insurance covering private passenger automobiles shall be accepted by such insurers and producers; and
(c) To provide a comprehensive set of definitions and requirements applicable solely to personal automobile insurance risks eligible for and ceded to the facility.
