WELCOME TO THE OAKVIEW INSURANCE SERVICES, INC. WEB PAGE DEDICATED TO THE  CA FAIR PLAN INSURANCE PROGRAM

The CA FAIR Plan is a syndicated insurance pool comprised of all insurers licensed to do business in CA. It was created to provide an option to insure homeowners, renters and businesses that are unable to find insurance in the traditional marketplace. The Fair Plan is a last resort option for those who are unable to obtain coverage through traditional insurance companies due to high-risk factors such as living in areas prone to wildfires or earthquakes.

HISTORY OF THE CA FAIR PLAN

The California Fair Plan was established in 1968 as a response to the growing need for insurance coverage in high-risk areas. The program is designed to provide basic property insurance coverage, including coverage for fire, theft, and liability. The coverage offered by the Fair Plan is limited and often more expensive than traditional insurance, but it provides a vital safety net for those who would otherwise be left without insurance protection.

The Fair Plan is available to all California residents, regardless of their income or location. The program is administered by the California FAIR Plan Association, a non-profit organization that operates under the oversight of the California Department of Insurance.

While the Fair Plan provides important coverage for those in high-risk areas, it is important to note that the program is not a substitute for traditional insurance. The coverage offered by the Fair Plan is limited and does not cover all risks. Homeowners and renters who are able to obtain coverage through traditional insurance companies are encouraged to do so.

If you are unable to obtain insurance coverage through the private market and are considering applying for coverage through the Fair Plan, it is important to carefully review the coverage options and costs. The Fair Plan website provides detailed information about the program, including coverage options, eligibility requirements, and frequently asked questions.

PROGRAM DETAILS

The FAIR Plan Dwelling Fire Policy is a named peril policy, which provides coverage only for damage caused by the specific causes of loss listed in the policy.

Named Perils

Fire or lightning

Internal Explosion

Smoke

Extended Coverage (windstorm or hail, explosion, riot or civil commotion, aircraft, vehicles, and volcanic eruption)

Vandalism or Malicious Mischief

The FAIR Plan Dwelling Fire Policy does not include coverages for many common and important causes of loss that are typically included in a standard homeowners policy, such as theft, water damage, and liability. To supplement a FAIR Plan Dwelling policy, a Difference in Conditions (DIC) policy, sometimes called a companion policy when combined will mimic a standard homeowners policy.

If you would like to move forward with a FAIR Plan application, there are several steps to get a final quote/approved application. The Fair plan requires photos taken within a week of the time we submit the quote for approval.  Photos should include the front of the property with the address number and require a time and date stamp (If you are unable to obtain a time and date stamp we can assist you with this portion).

Once we submit a request for approval, the timeline before we receive approval is roughly 48-72 hours.

Once approval is received, a down payment of 40% of the premium is required before the policy can be bound. The earliest the policy can be effective is the following day after payment has been received.  We recommend obtaining photos as soon as possible to prevent a delay in closing.

As with all our quotes, this assumes no prior claims, business in the home, farming, or animals. If the client has dogs, we need to know the breed. We will need to confirm the year the roof was replaced, as it does affect coverage.

Over the past few years, we have observed a surge in wildfires, particularly within Northern California. Consequently, there has been a sharp rise in the necessity to utilize the California Fair Plan for securing insurance coverage. Presented below are merely a handful of the fires that have been instrumental in propelling this demand:

 

Lake Tahoe Basin/Grizzly Flats - Impacted by the Caldor Fire in 2021

Greenville/Lake Almanor - Impacted by the Dixie Fire in 2021

Santa Rosa - Impacted by the Tubbs Fire in 2017 and the Glass Fire in 2020.

Redding - Impacted by the Carr Fire in 2018.

Paradise - Devastated by the Camp Fire in 2018, one of the deadliest and most destructive wildfires in California history.

Chico - Affected by the Camp Fire in 2018.

Napa - Impacted by various wildfires, including the Atlas Fire and the Tubbs Fire in 2017.

Sonoma - Affected by the Nuns Fire and the Tubbs Fire in 2017.

Oroville - Impacted by the Cherokee Fire in 2017.

Grass Valley - Affected by the Jones Fire in 2020.

Auburn - Impacted by the River Fire in 2020.

Ukiah - Affected by various wildfires, including the Mendocino Complex Fire in 2018.

Headquartered in Yuba City CA, Oakview Insurance Services, Inc. offers comprehensive CA Fair Plan quotes throughout CA. We specialize in the following local counties: Yuba County, Butte County and Nevada County.