California Fair Plan Insurance in Yuba City, CA
Welcome to Oakview Insurance Services
This page is dedicated to providing information about the California Fair Plan Insurance Program.
Designed as a last-resort option, the CA FAIR Plan offers insurance to homeowners, renters, and businesses
in high-risk areas, such as those prone to wildfires or earthquakes.
History of the CA FAIR Plan
Established in 1968, the California FAIR Plan addresses the growing need for insurance coverage in high-risk
areas. It provides basic property insurance, including fire, theft, and liability coverage. Although it serves
as a vital safety net, it’s typically more expensive and offers limited coverage compared to traditional policies.
Administered by the California FAIR Plan Association and overseen by the California Department of Insurance,
this program ensures that all California residents, regardless of income or location, have access to property
insurance. However, it is not a substitute for traditional insurance.
Program Details
The FAIR Plan Dwelling Fire Policy is a named peril policy, covering specific causes of loss,
such as:
- Fire or lightning
- Internal explosion
- Smoke
- Extended Coverage (e.g., windstorm, hail, riot, aircraft, vehicles, volcanic eruption)
- Vandalism or malicious mischief
Note: This policy excludes theft, water damage, and liability coverage. To fill these gaps, consider adding a
Difference in Conditions (DIC) policy, which can complement your FAIR Plan policy.
Application Process
To apply for a FAIR Plan policy, follow these steps:
- Take property photos within a week of submitting your application. Photos must include the property’s address with a time and date stamp.
- Submit the application for approval (takes approximately 48–72 hours).
- Make a 40% premium down payment to bind the policy. Policies can be effective the day after payment is received.
Ensure no prior claims, business operations, farming, or certain animals on the property. Provide details such as
roof replacement year and dog breed, if applicable.
Wildfire Impact and Rising Demand
Recent wildfires in Northern California have increased demand for the CA FAIR Plan. Key affected areas include:
- Caldor Fire: Lake Tahoe Basin/Grizzly Flats (2021)
- Dixie Fire: Greenville/Lake Almanor (2021)
- Camp Fire: Paradise, Chico (2018)
- Tubbs Fire: Santa Rosa, Napa, Sonoma (2017)
- And more…
Contact Us for a Quote
Headquartered in Yuba City, Oakview Insurance Services offers CA FAIR Plan insurance throughout California,
specializing in high-fire areas like Yuba, Butte, and Nevada counties.
Need help? Call us today at (530) 674-5054.