| What kind of coverage can I get? |
The Minnesota FAIR Plan provides insurance on the following
properties:
|
 Dwellings
(Fire, Extended Coverage and Vandalism)
- Owner Occupied
- Non-Owner Occupied
- Vacant
- Seasonal
Homeowners
(Includes Limited Theft and Liability)
- Owner Occupied
- Condominium Unit Owners
- Renter's Contents
Commercial
Properties
Farms
(Includes Theft)
Housing
Cooperatives
|
How do I get coverage?
You may obtain an application from any licensed Insurance
Agent or from the FAIR Plan. We strongly urge all
applicants to enlist the help of a licensed Agent. In
addition to a completed application we require photos of the
structures to be insured, a worksheet showing how the amount of
coverage requested was determined and an initial premium
payment. Coverage can be effective the day after we
receive all of these items.
Further details can be found on the Policyholder and
Applicant page, listed in the links at the top of this page.
If your property is found to be insurable, a one-year Policy
will be issued. If your property is found to be ineligible
for coverage, you will be advised what steps are
necessary to make your property eligible for insurance. A
field representative may need to inspect your property.
This service is provided at no charge
If you still have questions after reviewing the information
contained in this web site, you can contact your agent, or the
staff of the FAIR Plan. Click this link
'Contact the FAIR
Plan' for our phone number and email address.
The staff of the FAIR Plan is
available for presentations. Please contact us if your
group wishes to learn more about us.
|
We
cannot compete with private insurance companies. The
policies that we write are not as desirable as those
available from private insurance companies, and they cost
more than private insurance companies charge. The
coverage provided by the FAIR Plan is Non-Replacement, and
only for a limited number of causes of loss. Private
insurance companies, on the other hand, often write
Replacement Cost coverage as well as coverage for a greater
number of causes of loss
