FAIR Plan

CALIFORNIA FIRE INSURANCE: FAIR PLAN GOING THROUGH GROWING PAINS

By Levi Sumagaysay, CalMatters

CalMatters is a public interest journalism venture committed to explaining how California’s state Capitol works and why it matters

File photo: Fire in Grossmont area

February 2, 2024 (California) -- The fire-insurance premium for Bill King’s home has risen 145% since 2017 — from $399 to $979 — under the California FAIR Plan, the state’s last option for homeowners seeking fire insurance.


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COMMISSIONER LARA APPROVES NEW COVERAGE OPTIONS FOR FARMS AND AGRICULTURAL BUSINESSES UNDER FAIR PLAN

Insurance coverage will be available starting February 1st for farm owners, wineries, and other outdoor businesses previously ineligible  

East County News Service

January 21, 2022 (Sacramento) -- Acting to address the growing needs for a competitive insurance market for farm owners, wineries, ranchers and other outdoor agricultural businesses, Insurance Commissioner Ricardo Lara today approved the FAIR Plan to offer new commercial coverage for farm structure risks starting February 1, 2022. The FAIR Plan is an association made up of all admitted insurance companies to be the state’s property “insurer of last resort.”


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Support community news in the public interest! As nonprofit news, we rely on donations from the public to fund our reporting -- not special interests. Please donate to sustain East County Magazine's local reporting and/or wildfire alerts at https://www.eastcountymedia.org/donate to help us keep people safe and informed across our region.