FAIR Plan Rate Hike Hits California Homeowners | Fresno News

California’s FAIR Plan, the last-resort insurer for high-risk homeowners, just approved a massive 29.1% statewide rate hike taking effect October 15th—impacting over 675,000 policyholders. In wildfire-prone areas, premiums could double, with some paying up to $15,000 versus current $3K–$5K rates. Since 2020, premiums have surged 84%, while FAIR Plan enrollment tripled—from under 2% to 5% of homes—highlighting how many are forced into this safety net. As debates intensify over whether these hikes are justified and what’s next for restoring access to traditional markets, Californians face mounting financial pressure amid rising living costs.

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