How Does Assigned Risk Auto Insurance Work?

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    Mark Bartlett CLCS
    Branch Owner, TWFG Insurance Services, Fremont California and the Greater Bay Area Representing Dozens of Insurance Carriers
    Assigned risk in California which is what I am familiar with is a processing center by which people having trouble buying auto insurance are connected with an insurance company that will insure them. Assigned Risk is not an insurance company but are companies that are required by law to participate. The amount of autos an insurance company has on the road would constitute the percentage of their obligation to the plan. There is financial hardship criteria to qualify for Assigned Risk. Also agents who offer Assigned Risk must be certified to offer this coverage. You can go online and then be connected to an agent to see if you qualify for assigned risk.
    Answered on April 30, 2013
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