Finance
California FAIR Plan Association: data
California FAIR Plan must publish quarterly ZIP Code policy counts and its total risk exposure online.
The law expands public visibility into where the state’s insurer of last resort is issuing coverage and the risk it carries. It also keeps application help available through the FAIR Plan website and statewide toll-free number.
What the law does
- Requires the California FAIR Plan Association to post quarterly policy counts for each ZIP Code on its website.
- Requires the association to post its risk exposure quarterly.
- Removes the requirement to publish the FAIR Plan toll-free number in general-distribution telephone directories.
- Requires the FAIR Plan to continue listing its website and toll-free number in communications with applicants and insureds.
Who it affects
- California FAIR Plan Association.
- Homeowners and other people seeking basic property insurance through the FAIR Plan.
- Insurance agents and brokers helping people obtain basic property insurance.