Question

Who is able to place business through the California Automobile Assessed Risk Program?

1. any agent licensed in property and casualty insurance
2. only insurers with operating headquarters based in California
3. only agent/brokers licensed in fire and casualty who have also been certified through CAARP.
4. any agent who has been licensed in the State of California for a minimum of 5 years and is certified by CAARP.

Answer 1

The correct answer is option 3. Only agent/brokers licensed in fire and casualty who have also been certified through CAARP.

Step-by-step explanation:

The correct answer is option 3. only agent/brokers licensed in fire and casualty who have also been certified through CAARP.

Only licensed agents/brokers in fire and casualty insurance who have obtained certification through the California Automobile Assigned Risk Plan (CAARP) are eligible to place business through the California Automobile Assessed Risk Program (CAARP). The CAARP helps individuals who are unable to secure auto insurance in the voluntary market due to certain risk factors.