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 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.

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.

20 hours ago · The plan has paid $914 million to policyholders, with 45% of the claims reported as total losses, 45% as partial losses, and 10% as fair rental value, which covers lost rental income.

20 hours 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 ...

Feb 23, 2023 · The FAIR Plan, established after the riots and brush fires of the 1960s, provides basic property insurance to consumers when coverage in the voluntary market is unavailable.

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.

Jan 14, 2025 · The California FAIR Plan (Fair Access to Insurance Requirements) is an essential safety net for property owners across California. Created to address the challenges of obtaining property insurance in high-risk areas, it has become a vital resource in regions prone to wildfires and other natural disasters.

Jul 26, 2024 · What you need to know: Agreement would strengthen the state’s FAIR Plan with improved transparency, financial stability, and expanded coverage; this follows Governor Newsom’s executive order and legislative proposal to strengthen the market for consumers.

18 hours ago · As of February 9, the FAIR Plan has received around 3,469 claims for damage caused by the Palisades Fire and around 1,325 claims for damage in the Eaton Fire, its website showed. The program has ...