California FAIR Plan Rates Are Increasing
Beginning October 15, California FAIR Plan dwelling rates will change by a statewide average of 29.1% for new policies and renewals. Ouch.
When it hits your bill
If your FAIR Plan policy renews before October 15, the new rates generally will not apply. If it renews on or after October 15, the new rating may be reflected immediately.
What to do now
If you’re on the FAIR Plan, check your renewal date and talk with your insurance broker before it arrives. If you’re buying a home that may need a FAIR Plan policy, get an insurance quote early in escrow so the cost doesn’t surprise you.
Questions about how insurance is affecting home values in your neighborhood? Call me…
Rate details as reported by KQED.
Originally published in The Trusted Advisor, August 2026.
Contour Realty, Inc. · CA DRE # TBD · Eric Rolph, Broker, CA DRE #00912747
