Sec. 3301.
(1) Every insurer authorized to write automobile insurance in this state shall participate in an organization for the purpose of doing all of the following:
(a) Providing the guarantee that automobile insurance coverage will be available to any person who is unable to procure that insurance through ordinary methods.
(b) Preserving to the public the benefits of price competition by encouraging maximum use of the normal private insurance system.
(2) The organization created under this chapter shall be called the "Michigan automobile insurance placement facility".
History: Add. 1969, Act 346, Eff. Apr. 1, 1970 ;-- Am. 1979, Act 145, Eff. Jan. 1, 1981 Popular Name: Act 218Popular Name: Essential Insurance
Structure Michigan Compiled Laws
Chapter 500 - Insurance Code of 1956
Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)
218-1956-33 - Chapter 33 Automobile Insurance Placement Facility (500.3301...500.3390)
Section 500.3301 - Michigan Automobile Insurance Placement Facility; Purpose; Participation.
Section 500.3303 - Definitions.
Section 500.3315 - Repealed. 1991, Act 191, Eff. Apr. 1, 1992.
Section 500.3341 - Coverage for Certain Convictions; Premium Surcharges.
Section 500.3350 - Additional Duties of Facility.
Section 500.3360 - Participating Member and Agent; Relationship.
Section 500.3370 - Assistance in Applying to Facility for Placement.
Section 500.3385 - Recoupment of Assessments; Surcharge; Rate Including Factor for Recoupment.