What must insurers do regarding coverage for eligible risks in the North Carolina Motor Vehicle Reinsurance Facility?

In the context of the North Carolina Motor Vehicle Reinsurance Facility, insurers are mandated to accept coverage for eligible risks, regardless of the driving record of the individual applying for insurance. This requirement is designed to ensure that all drivers, particularly high-risk drivers who may have difficulties obtaining insurance due to their history, have access to necessary coverage.

The purpose of the reinsurance facility is to provide a safety net for drivers who might otherwise be uninsured due to factors like prior accidents or violations. By accepting required coverage without consideration of driving history, the facility supports the goal of promoting responsible driving and ensuring that all vehicles on the road have liability coverage.

This framework emphasizes the principle of providing insurance access to all eligible individuals, helping to mitigate the risks associated with uninsured drivers and promoting overall road safety.