The FAIR Plan’s policies are tailored to provide coverage for basic fire insurance. Work with a broker to learn if a FAIR Plan policy, along with optional supplemental coverage, fits your needs.

The mission of the Illinois FAIR Plan Association is to make basic property insurance available to qualified applicants who have not been able to obtain property insurance. It is understood that applicants, as well as policyholders, will seek insurance in the standard insurance market place before applying to the FAIR Plan.

The California FAIR Plan (California Fair Access to Insurance Requirements) is an fire insurance program created by the state of California that is used by property owners who cannot find private market insurance coverage.

3 days ago · The $1 billion assessment is the largest since the FAIR Plan was created in 1968, and the first time since the 1994 Northridge earthquake near Los Angeles that the FAIR Plan has faced claims it ...

Jan 15, 2025 · What happens if the California FAIR Plan goes under after the wildfires? Here's how it could affect the 8.7 million policyholders across the state.

The FAIR Plan is a syndicated fire insurance pool comprised of all insurers licensed to conduct property/casualty business in California. The FAIR Plan was established by statute (California Insurance Code sections 10091 et seq.) in August, 1968 as an insurance placement facility.

4 days ago · The FAIR Plan can access additional layers of reinsurance based on losses incurred and outstanding reserves up to a $5.78 billion limit, which includes varying percentages of co-reinsurance ...

3 days ago · California’s plan that provides insurance to homeowners who can’t get private coverage needs $1 billion more to pay out claims related to the Los Angeles wildfires, the state Insurance ...

Aug 16, 2024 · FAIR plan insurance covers high-risk homeowners who otherwise can’t obtain coverage. Many states offer last-resort FAIR (Fair Access to Insurance Requirements) plans to ensure...

The FAIR Plan offers Dwelling Property, Commercial Property and a broad range of Homeowners coverage for property owners, renters and condominium owners. These products are similar to what is available in the standard market.