California FAIR Plan Association

The CA FAIR Plan provides a safety net for consumers who cannot obtain property insurance in the standard market.

General Information
Company Name
California FAIR Plan Association
Founded Year
1968
Location (Offices)
Los Angeles, United States +1
Founders / Decision Makers
Number of Employees
139
Industries
Financial Services, Insurance, Insurtech
Funding Stage
-
Social Media

California FAIR Plan Association - Company Profile

The California FAIR Plan Association serves as a safety net for consumers unable to secure property insurance in the standard market. Established in 1968 following brush fires and riots, the FAIR Plan acts as the state’s insurer of last resort. It ensures access to basic property insurance for homeowners who are unable to obtain coverage from the voluntary market due to uncontrollable reasons. Despite wildfire risk, the plan provides fire insurance coverage for these homeowners. The association is committed to enhancing consumer choices in the voluntary insurance market, ensuring all homeowners, including those in wildfire-threatened areas, can obtain essential property coverage and peace of mind. The company belongs to the Financial Services, Insurance, and Insurtech sectors. No specific headquarter or recent investments are reported.

Taxonomy: property insurance, homeowners insurance, wildfire insurance, insurance market, last resort insurer, consumer protection, fire insurance, property coverage, insurance accessibility, california insurance, insurance association, insurer collaboration

Funding Rounds & Investors of California FAIR Plan Association (0)

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Latest News of California FAIR Plan Association

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