The California Fair Plan Association functions as the state’s insurance safety net for property coverage. Formed in 1968, it provides basic property insurance to homeowners unable to secure coverage through conventional insurers. This organization operates as a pooled fire insurance program, comprising all property and casualty insurers licensed in California.
While the Fair Plan operates under California Insurance Code mandates, it maintains independence from state government and receives no public funding. All property and casualty insurers conducting business in California are required to participate in this program, which ensures essential property coverage remains available to all eligible homeowners.
Their basic property insurance policies cover fire and other named perils. Although considerably more limited than a standard insurance policy, it offers vital protection for California homeowners who otherwise might find it impossible to get insurance protection.
