Rule 120-2-14-.06. Plan Composition

The Committee shall address and include the following items listed in this Rule as integral parts of the Plan:

1. (1) Premiums, losses, costs, and expenses shall be equitably apportioned among all subscribers in proportion to each subscriber's percentage of automobile liability insurance written in this State and made available through the Plan;
2. (2) The distribution among subscribers of the operational costs of the plan;
3. (3) Appropriate notice to all applicants;
4. (4) Appropriate assignment period including mandatory renewal features;
5. (5) Mandatory removal features;
6. (6) Applicability of Plan to nonresidents;
7. (7) Payment plans;
8. (8) Applicability to licensed and non-licensed vehicles;
9. (9) Standards for the issuance of insurance policies;
10. (10) Standards for the payment of claims; and

11. (11) Standard for the servicing of policies and eligibility standards.

    The Committee is authorized to include any other provisions as are necessary and proper for the implementation and operation of this Plan. The Plan shall at all times offer the minimum amounts of insurance coverage as required pursuant to the applicable standards, rules, regulations and laws of Georgia and the United States of America. The Plan and amendments adopted in accordance with this Rule shall be effective on approval in writing by the Commissioner.

    A copy of the Plan adopted in accordance with this Rule may be obtained by sending a written request to Automobile Insurance Plans Service Office, 302 Central Avenue, Johnston, Rhode Island 02919. The Plan shall be available for public inspection at the Office of the Commissioner.

Authority: O.C.G.A. §§ 33-2-9, 40-9-100.

History. Original Rule entitled "Non-Residents" adopted. F. and eff. July 20, 1965.

Repealed: New Rule entitled "Distribution and Assignment of Applicants" adopted. F. Sept. 2, 1981; eff. Sept. 22, 1981.

Repealed: New Rule entitled "Plan Composition" adopted. F. Oct. 5, 1984; eff. Nov. 1, 1984, as specified by the Agency.

Amended: F. Dec. 3, 2025; eff. Dec. 23, 2025.