FAQs

What is a FAIR insurance plan?

FAIR plans, also known as Fair Access to Insurance Requirements plans, are government-mandated property insurance plans. They provide coverage to individuals and businesses who are unable to obtain insurance in the regular market.

Here is a quick breakdown of how these plans work:

• What they cover: These plans typically provide basic coverage for properties that are considered high-risk or difficult to insure due to factors such as location, age, or type of construction.
• When to apply: If you are turned down or non-renewed by your current insurance company, or are otherwise in need of coverage, you may apply for coverage under the FAIR Plan.
• How to apply: You can apply through an agent or broker licensed to sell FAIR property insurance.
• Understanding your policy: You may want to contact your insurance agent or company to understand exactly what is and is not covered under the FAIR plan.

Want to learn more?

For more information related to state-specific FAIR insurance, you may visit: www.iii.org/article/what-if-i-cant-get-coverage.