California FAIR Plan insurance explained The California Fair Access to Insurance Requirements, or FAIR, Plan was established in 1968 to provide insurance coverage to homeowners in high-risk areas, whether that means their property is in a fire zone or along an earthquake fault line. The FAIR Plan...
(February 13 and run through Sunday, March 2, 2025) Pageants, rides, and attractions highlight this annual fair. The Fair started as a celebration of the annual date harvest. Today, the date festival is one of the most significant events in the Inland Empire. The crowning of the Date Fes...
Jewlz Fahn and her husband, Terry, signed up for the FAIR Plan last year after State Farm, which had insured them for more than a decade, did not renew the fire, personal property and loss-of-use coverage they had for their home on Fiske Street, which burned...
In March 2024, the FAIR Plan Presidenttold a California Legislative Committeethat it did not “have a lot of money sitting around.” Furthermore, in a major event the FAIR Plan will have to make assessments on property insurers still writing in the state. This blogger has been unable to id...
If you have trouble finding a policy, you can turn to the California FAIR Plan, the state’s insurer of last resort. FAIR Plan coverage is limited, paying only for damage due to fire, lightning, smoke and internal explosions. A “difference in conditions” policy can help fill the coverage...
John Ramos reports on how California residents could face higher insurance surcharges if the state's FAIR Plan runs dry due to Los Angeles County fire claims.
Reports on the five-fold expansion of California's Fair Access to Insurance Requirement (FAIR) program since January 1994. FAIR plan's insurance of property owners in high-risk areas; Value of insured losses suffered from ...
Proponents of Measure C say it's a way for major corporations to pay their fair share, but small business owners worry that the devil is in the details and that their already thin margins could be slimmer. Feb 26, 2024 San Joaquin County ups election security after former Lodi city cou...
“We are one event away from a large assessment,” Victoria Roach, president of the FAIR Plan,told the California state legislaturelast year. “There’s no other way to say it, because we don’t have the money on hand [to pay all the claims] and we have a lot of exposure.” ...
One of the Golden State’s top-grossing real estate leaders – along with a formal letter signed by more than 45 others – arguethe California Fair Planshould increase its liability from the current $3 million to $6 million to adequately insure those homes in the Palisad...