California FAIR Plan
What is the California FAIR Plan? The California FAIR Plan is an insurance association. They offer insurance coverage to homeowners that live in high risk areas, usually for homes in high brush areas that may be vulnerable to wildfires. Homeowners that obtain coverage through the California FAIR Plan typically will have trouble getting normal homeowners insurance coverage or have been denied coverage or have been unable to renew their coverage. If you have found yourself in a situation like this, please give us a call today.
California FAIR Plan Insurance Quotes
The easy, fast way to buy California FAIR Plan insurance
What's covered under California FAIR Plan insurance
Right now the coverage in California FAIR Plan policies protects you from a limited number of perils. It will protect you from fire and smoke, which is why most of our clients will purchase a separate policy for wind damage and liability. There have been a few changes to the California FAIR Plan that has added comprehensive coverage for your home. California fair plan association.
You can apply for the California FAIR Plan through Eugene C Yates Insurance Agency
It’s easy to apply for the California FAIR Plan through Eugene C Yates Insurance Agency. There is not any additional fees to go through us and typically we can get you a quote faster than if you went directly through the Plan. To get a quote today, call us and one of our wonderful agents will walk you through the process.
Who’s eligible for California’s FAIR Plan?
For homeowners to purchase home insurance through the California FAIR Plan they must own property in California and meet all of the building requirements. Typically applicants are encouraged to look for adequate coverage before exploring the FAIR Plan. This is also made easier with our amazing agents at Eugene C Yates Insurance Agency. Please keep in mind they do not require you to show proof of your denial.
We do recommend looking for standard homeowners insurance policies before turning to the California FAIR Plan and we will help you to look for a standard policy as well. If we compared a standard home insurance policy to the current version of the California FAIR Plan, you would notice that the FAIR Plan covers less perils than your normal home insurance policy. It may also come with lower limits depending on the coverage you need.
According to the California FAIR Plan website, the program will not cover:
- Long-term vacant or unoccupied homes. If more than 50% of your home’s building area has been vacant or unoccupied for at least one year, you won’t qualify for a new fire insurance policy or renewal through the FAIR Plan. And if your house is currently substantially vacant or unoccupied for less than a year, it will need to be in good condition with secured doors and windows in order to obtain coverage. California fair plan association.
- Houses with existing damage that is not being repaired. If your house is damaged, it won’t qualify for coverage unless you can submit a repair contract that outlines the work that will be done to fix the damage, along with an estimated completion date. This needs to be signed by you and a licensed independent contractor. If you have yet to hire one, you will need to do so before applying for coverage.
- Properties used for illegal purposes. If illegal activity is taking place on your property, it won’t qualify for California’s FAIR home insurance. For instance, growing marijuana in your house would violate federal law and disqualify it from FAIR Plan coverage.
California Fair Plan Fire Insurance
California FAIR Plan fire insurance is a last resort. You will want to do your research and make sure it is your last alternative. The cost will run you a bit more than traditional homeowners insurance. California fair plan property insurance is often becoming a last option for a lot of California homeowners. Over the years getting standard home insurance coverage in a high brush area is unobtainable.
What is California fair plan?
The California FAIR Plan Association is a syndicated fire insurance pool consisting of licensed insurers. The California FAIR plan was developed to offer home insurance coverage to Californian’s that do not qualify for standard coverage.
California fair plan coverage limits
What does California fair plan cover?
The coverage limit depends on the replacement cost value of the home. The FAIR Plan would use to only insure you for $1.5 million total, this was including your dwelling, & the contents of the home. Starting in the spring of 2020, that maximum increased to $3 million.
California fair plan cost
The cost for California FAIR Plan insurance will vary depending on your insurance needs. All homes will have different security features installed and different dwelling sizes. The California FAIR plan cost will be tailor suited to your needs.
California fair plan policy
A California FAIR Plan policy will cover you and your family if there is an unexpected fire. The FAIR Plan is in place for those homeowners that are unable to get a standard home insurance policy. California fair plan home insurance can come in handy if you were recently denied home insurance on the traditional market.
What does the California FAIR Plan cover?
The California FAIR Plan is an association that offers home insurance, renters insurance, and condo insurance policies. Please keep in mind, condo owners and renters will only qualify for coverage of their own personal property, not the dwelling. Often referred to as fire insurance, the California FAIR Plan homeowners insurance policy will extend actual cash value coverage to your home and property. What does a California fair plan policy cover? It covers you and your family.
Some other coverages that can be added to your California FAIR policy include:
Coverage | Details |
Other structures | If you have a shed, separate garage or other structures on your property, you can add supplemental coverage for them. |
Fair rental value coverage | Provides compensation if your house is damaged to the point that it can’t be occupied. |
Building code upgrade coverage | Building code upgrade coverage, also called ordinance and law coverage, will provide up to 10% of your dwelling coverage to cover any additional repairs or improvements required to get your home up to code. This can be particularly valuable if you own an older home that is significantly damaged, as you may need to upgrade its electrical or plumbing to comply with California requirements. |
Earthquake insurance | Coverage is provided by the California Earthquake Authority (CEA), so it can also be purchased separately. |
Debris removal | If a covered peril causes debris to be brought onto your property, this coverage would pay for its removal. |
Inflation guard | Increases your dwelling coverage limit, and building code upgrade coverage limit if you’ve purchased this, to reflect changes in the cost of construction due to inflation as estimated by a third party. Note, though, that the increased coverage will mean an increased premium for fire insurance. |
Plants, shrubs and trees | Up to $250 of coverage per plant, shrub or tree. |
What perils are covered by the California FAIR Plan?
The California FAIR Plan home insurance policies are named peril insurance policies. Which means that only damage specified in your paperwork will be covered. Currently the FAIR Plan covers the following;
- Fire
- Lightning
- Internal explosion
- Smoke
- Vandalism or malicious mischief
- Windstorms, hail, explosion, riots and civil commotion, aircraft, vehicular damage, volcanic eruptions
How to get a California FAIR Plan quote & payment options
The easiest way to get a California FAIR Plan quote, is to go through a registered insurance agency like Eugene C Yates Insurance Agency. Our agents can apply directly through their website and get faster results than if you did it by yourself. The benefit of going through us is you’ll be able to get an immediate quote and our agents can help you to determine your home insurance coverage needs. If you would like to get a free quote today, please give us a call at 916 313 6100.
California fair plan extended dwelling coverage
Extended dwelling coverage under the California FAIR Plan will allow you to cover additional things with in your policy. It goes above and beyond normal coverage and protects you and your family in more than one way. California fair plan extended dwelling coverage is a useful tool if you believe you need more home insurance coverage.