Homeowners forced into California Fair Plan coverage

CBS 8 is Working For You to get answers about the FAIR Plan, California's fire insurance of last resort. Most people never hear about the California FAIR Plan until their homeowner's insurance gets canceled.

“It’s not a normal home insurance policy,” said Amy Bach, executive director of the nonprofit United Policyholders. “It only covers fire, lightning, internal explosion. It doesn't cover water damage, leaks, your toilet overflows.”

Back said the FAIR Plan is more expensive but necessary. “It's much better to have FAIR Plan coverage than to have no coverage,” Bach said.

Once viewed as fire insurance of last resort in high-risk wildfire zones, more and more homeowners, even those in lower risk areas, are now being forced into the FAIR Plan.

[michaeln.]

Everyone should just put the premiums into a piggy bank or a CD and give the middle finger the insurance companies.

[johnjaco]

All state canceled me after 24 years, no claims, said I was in fire zone.I own outright so I'm doing without

[CLJ]

My property "fire score" is a 2 on a scale of 1-30. My current insurance company's requirements for defensible space or they will cancel my policy: nothing growing w/in 5 feet of the home, all shrubs spaced 3' apart, the canopy of any tree growing within 30' feet of the home must be no less than 18' from the next nearest tree canopy. I do not own a deed restricted property, and yet the state is effectively giving control over homeowner's properties to insurance companies. Complying with these requirements will cost tens of thousands of dollars. And even then, due to the age of my home, I'm not given any premium discount. This is egregious, capricious and far exceeds the defensible space recommendations made by state fire Marshall in cooperation with local fire governing bodies, who are NOT elected officials.

[peterbedford]

Im thinking fire zone properties will be much harder to sell as this problem progresses. Its kept me from buying rural real estate this year.

[jf]

That is freaking ridiculous. All this shit is a scam anyway. You try and make a claim and they do whatever it takes to not have to payout.

[KarenKennedy-lqnt]

Insurance companies are not here to help people! It’s not profitable for them, Greed! Give us names of Companies that cover California, can’t find any.

[magicunicorn]

This is one big reason why I decided not to buy a home, but to continue renting instead.

[BUY_YOUTUBE_VIEWS_d]

so, when are you realising your next video?