California FAIR Plan Endorses Bill Expanding Coverage to Farms
April 8, 2021
The California FAIR Plan Association is publicly supporting a bill to amend the California Insurance Code to allow the FAIR Plan to write commercial coverage for permanent structures on farms.
The California Fair Access to Insurance Requirements, or FAIR, Plan is an insurance pool established by law to assure the availability of basic property insurance to people who own insurable property in California and who are unable to obtain insurance in the private insurance market.
Senate Bill 11, authored by state Sen. Susan Rubio, D-Los Angeles, comes after a wave of historic wildfires that have led to some farms facing non-renewal and unable to turn to the FAIR Plan for coverage because the California Insurance Code specifically excludes the FAIR Plan from covering farms.