The California FAIR Plan was the 'insurer of last resort' for many people who lost their homes in LA last month. The FAIR Plan now needs help paying those claims.
Learn about California's insurance plan for homeowners struggling with high-risk coverage amid the Los Angeles wildfires.
California’s insurance commissioner approved a plan Tuesday, Feb. 11, to keep the state’s insurance of last resort solvent by collecting an additional $1 billion from all private insurance ...
Hamlin’s home was privately covered by Mercury Insurance, but Wilson was forced onto the California Fair Access to Insurance ...
Close to half a million Californians use the FAIR plan for their homeowners’ insurance coverage. From September 2023 to ...
If you live in a place with frequent wildfires, consider buying government-backed renters insurance, called the California Fair Plan. A Lemonade renters insurance policy costs $13 per month for ...
Those who are unable to obtain insurance have instead turned to the “insurer of last resort,” better known as the California Fair Access to Insurance Requirements Plan (FAIR Plan). The FAIR Pl ...
It would also allow the Fair Access to Insurance Requirements Plan, created by the ... carbon dioxide forms and is released, which accounts for over three quarters of all human-caused greenhouse gases ...
For months after their home burned down in the 2021 Caldor Fire, Jennifer McKim-Hibbard and her husband would wake up and call the California FAIR Plan. The FAIR Plan, California's state-created ...
Wildfires push California property owners to the costly FAIR insurance plan. With insurers canceling or refusing policies in high-risk wildfire areas, more Californians are turning to the FAIR ...