Overview
What is Ohio Automobile Insurance Plan?
The Ohio Automobile Insurance Plan serves as an assigned risk facility, providing automobile insurance coverage to individuals holding a valid driver's license who struggle to obtain insurance through the voluntary market. Its primary mission is to ensure that everyone, regardless of their insurance history, has access to the necessary coverage. This nonprofit organization is based in Columbus, Ohio, at 172 East State Street.
Official website here: www.assignedriskohio.com
Is Ohio Automobile Insurance Plan legitimate?
Ohio Automobile Insurance Plan is a legitimate nonprofit organization registered as a 501(c)(6) entity. Ohio Automobile Insurance Plan submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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Official website here: www.assignedriskohio.com
What is the mission statement of Ohio Automobile Insurance Plan?
The Ohio Automobile Insurance Plan serves as an assigned risk facility, providing an opportunity for individuals holding a valid driver's license to secure automobile insurance when they are unable to obtain coverage through the voluntary market. Its primary mission is to ensure that these individuals do not go without essential car insurance protection. The plan operates to bridge the gap, providing a safety net for those who may be considered high-risk by traditional insurance providers. By offering automobile insurance coverage, the plan aims to promote road safety and peace of mind for all drivers.
Official website here: www.assignedriskohio.com
Who is the CEO of Ohio Automobile Insurance Plan?
Dean A Fadel is the Governing Bo of Ohio Automobile Insurance Plan.
Official website here: www.assignedriskohio.com
What is the revenue of Ohio Automobile Insurance Plan?
Ohio Automobile Insurance Plan's revenue in 2022 was $176,127.
Official website here: www.assignedriskohio.com
Who are the executives of Ohio Automobile Insurance Plan and what are their salaries?
Here are 8 key members and their salaries:
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Official website here: www.assignedriskohio.com
Where can I find the form 990 for Ohio Automobile Insurance Plan?
Ohio Automobile Insurance Plan's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.assignedriskohio.com
Learn more at the official website: www.assignedriskohio.com
Mission Statement of Ohio Automobile Insurance Plan
The Ohio Automobile Insurance Plan serves as a designated risk facility, offering an opportunity for individuals holding valid driver's licenses to procure automobile insurance when they are unable to secure coverage through the voluntary market. This nonprofit organization's primary mission is to ensure that no driver is left uninsured due to high-risk factors, thereby promoting road safety and financial protection for all its members. By providing an alternative avenue for insurance coverage, the Ohio Automobile Insurance Plan empowers individuals to legally operate their vehicles, fostering a safe and reliable transportation system.
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Impact
October, 2024
The Ohio Automobile Insurance Plan serves a vital role in ensuring that individuals with valid driver's licenses can access automobile insurance, particularly when they face difficulties obtaining coverage in the voluntary market. By offering an assigned risk facility, the Plan effectively mitigates the risk of uninsured drivers on the roads, contributing to overall road safety and community welfare.
This initiative is crucial for those who may have been rejected by traditional insurers due to factors such as driving history, credit issues, or other risk-related criteria. By providing a pathway to insurance, the Plan helps prevent financial hardships associated with accidents and penalties for driving without coverage.
Furthermore, the Ohio Automobile Insurance Plan enhances the broader automobile insurance market by enabling a more diverse group of drivers to obtain necessary protection. This inclusivity not only fosters responsibility among new or high-risk drivers but also promotes community improvement by reducing the incidence of uninsured drivers. Overall, the Plan plays a key role in protecting both individuals and the community at large from the consequences of inadequate automobile insurance coverage.
This information is meant to be a general summary of Ohio Automobile Insurance Plan. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $73
- Program Service Revenue: $176,054
- Gross Receipts: $176,127
Assets and Liabilities:
- Total Assets: $184,721
- Total Liabilities: $0
- Net Assets: $184,721
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBER ASSESSMENTS
Revenue
$176,054
Organization Details
Founding Year
1948
Phone
(614) 221-2596Principal Officer
Dean A Fadel
Main Address
172 EAST STATE STREET, COLUMBUS, OH, 43216
Website
www.assignedriskohio.comNTEE Category
Code: S40 - Community improvement
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