California Fair Access to Insurance Requirements (“FAIR”) Plan
Wildfires in California have been incredibly concerning as many wildfires have devastated properties and landscapes in our state. Several insurance carriers have tightened up underwriting guidelines as it relates to Brush and Fireline areas. As a result, acquiring insurance for Homes in these areas can be frustrating for homeowners who choose to live in areas of great beauty and nature.
As a solution, Beach Break Insurance Agency has been appointed with the California FAIR plan in order to provide insurance solutions to those in High Fire Risk areas. A FAIR plan policy, combined with a Difference in Conditions policy provides a more comprehensive coverage option for our clients.
The California FAIR (Fair Access to Insurance Requirements) is nothing new. It was created in the late 60s to help make property insurance available to those who have difficulty finding insurance through traditional means on the insurance market. It is not funded through public dollars as no taxpayer funds are used to back the FAIR plan policies. It is done by a collaborative approach from all the insurance companies who write business in the state through a fund. The California FAIR plan is not a state-run agency.
For more information as to details of coverage in FAIR Plan policies, CLICK HERE! We realize this can get confusing and we are happy to help. Please do not hesitate to call, email or text today if we can be of assistance.