What is the procedure called that allows Certified Producers to obtain immediate coverage through CAARP?

The procedure that allows Certified Producers to obtain immediate coverage through the California Automobile Assigned Risk Plan (CAARP) is known as the Electronic Effective Date Procedure (EEDP). This system streamlines the process for producers to secure coverage for individuals who may have difficulty obtaining auto insurance due to various risk factors. By utilizing EEDP, producers can electronically submit applications and receive instant confirmation of coverage, thus enhancing efficiency and accessibility for both the producers and the insured. This is particularly vital in ensuring that individuals who are considered high-risk drivers still have the opportunity to meet their insurance requirements in a timely manner. Understanding this process is crucial for producers working within CAARP, as it directly relates to the way insurance is handled for those in the assigned risk pool.