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.
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