Under Compulsory Auto Insurance, which of the following is NOT a requirement for issue?

Study for the RIBO Auto Equivalency Test. Learn with multiple choice questions and hints. Prepare effectively for your exam!

In the context of Compulsory Auto Insurance, the requirement that is NOT necessary for issuing an insurance policy is previous insurance coverage. This means that a person can apply for and obtain compulsory auto insurance even if they have not had insurance in the past.

Compulsory Auto Insurance aims to provide basic protection to drivers, which reflects the law's emphasis on ensuring all drivers have a minimum level of coverage without penalizing those who may have previously been uninsured. This is particularly important for getting people into compliance with insurance laws and maintaining road safety.

In contrast, having a good driving record, submitting a completed application, and paying the required premium are standard necessary requirements for issuing an insurance policy. These elements are crucial for assessing the applicant's risk and ensuring that the insurer is adequately compensated for the coverage provided.

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