California FAIR Plan's total exposures, number of policies, and earned premiums continue to break records.
There were more than 640k policies in effect in March 2026. Roughly half of FAIR Plan policyholders will see a 30-50% increase in premiums starting in October, primarily due to wildfire risks.
Steve Koller
Starting in October, customers on the California FAIR Plan will get hit with the insurer’s largest rate hike in years. Premiums will rise overall by just under 30% for the FAIR Plan’s nearly 663,000 residential policyholders.