What Does International Registration Plan Mean?

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What does International Registration Plan mean? Read on to discover the definition & meaning of the term International Registration Plan - to help you better understand the language used in insurance policies.

International Registration Plan

International Registration Plan

An agreement that provides for the apportioned registration of commercial motor vehicles based on the total miles traveled in each jurisdiction. The IRP has emerged as the proration agreement mandated by the federal government under the Intermodal Surface Transportation Efficiency Act (ISTEA) of 1991. All U.S. states except Alaska and Hawaii were required to become a member of the IRP by September 30, 1996, or forfeit their right to assess vehicle registration fees for interstate motor carriers registered in other states.

We hope the you have a better understanding of the meaning of International Registration Plan.

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