Does California Fair Plan Pay Commission?
Commissions are paid monthly by the 10th day of every month. All premiums must be paid in the gross amount. Losses may be reported 24/7 via the Report a Claim link on the home page of the FAIR Plan's website at www.cfpnet.com.
How do I contact the California Fair Plan?
To file a claim use our 24/7 online claim reporting or call (800) 339-4099 during our business hours of 8:30 a.m. to 4:00 p.m., except holidays.
How do you get appointed with the California Fair Plan?
Getting Started
If you're a licensed broker or agent and interested in placing business with the FAIR Plan, you'll need to submit a New Broker Information Form. Additionally, you'll be asked to include a copy of your valid and active California Property-Casualty license.
How much does California Fair Plan cost?
What Does the CA FAIR Plan Cost? Unfortunately, because your home is considered high-risk for wildfires, you must pay a premium for this fire coverage. A typical California FAIR plan costs between $2,422 and $3,633 per year.
What does the California FAIR Plan not cover?
A FAIR Plan policy protects your home for the risk of fire, and will satisfy a mortgage company's requirement that your home be insured, but it doesn't cover theft, flood, earthquake, hail, vandalism or personal liability.
What is extended dwelling coverage on California FAIR Plan?
Extended Dwelling Coverage is an extra cushion that most traditional home insurance policies offer. There is a cost to add this coverage and the total coverage (including the extended dwelling coverage) cannot exceed $3,000,000.