Key takeaways
A FAIR Plan is a type of high-risk homeowners insurance for individuals who are unable to find coverage on the standard market.
FAIR Plans are usually more expensive and have limited protection compared to normal homeowners insurance.
FAIR Plan programs are run on the state level but funded by private insurance companies licensed to do business in that state.
Today, 33 states and Washington, D.C. offer some form of a FAIR Plan.
To be eligible for a FAIR Plan, you typically need to prove that you were denied coverage on the standard market.