FAIR Plan (Residual Market)

A state-backed insurer of last resort for property owners who can’t get coverage in the normal market. Bare-bones, but better than nothing.

This is a friendly general explanation, not legal or policy language. Exact coverage depends on your policy, carrier, and state. 🤝

Written and reviewed by the We Insure Things team — licensed independent insurance agents. Last reviewed July 23, 2026. Questions? Ask a licensed agent.