About Us

The Illinois FAIR Plan Association provides basic and affordable property insurance to applicants in the state of Illinois who are unable to purchase coverage through the standard insurance market for reasons beyond their control.

The Illinois FAIR Plan is considered to be one of the top FAIR Plans in the country based the products and services it offers, its excellent working relationship with the Department of Insurance, and the support it has received from the Industry including their effective participation on the Governing Committee.

Who We Are

The Illinois FAIR Plan Association is a not-for-profit property insurance association supported by nearly 500 Illinois insurance companies. It was formed in 1968 to provide basic and affordable property insurance to applicants in the state of Illinois who are unable to purchase coverage through the standard insurance market for reasons beyond their control. FAIR is an acronym for Fair Access to Insurance Requirements. The FAIR Plan is considered a market of last resort.

The FAIR Plan currently offers Dwelling Property, Commercial Property and a wide range of Homeowners coverage on a statewide basis. This is a substantial expansion from the Basic Property Insurance originally offered in designated urban areas, only. At one time, the Illinois FAIR Plan was one of the largest insurers in the state. Today, the FAIR Plan writes only a small percentage of the state's policies. However, it continues to be a viable alternative for selected property owners.

The FAIR Plan continues to fill a need for responsible property owners throughout the State of Illinois who are unable to obtain property insurance for reasons beyond their control such as external environmental hazards by providing a full range of property insurance products and services. The use of the FAIR Plan will continue to expand and contract based on market conditions created by manmade and natural disasters.

Historically, FAIR Plans in general, and the Illinois Plan specifically, have a reputation for successfully fulfilling their mission by providing a secure property insurance market for responsible property owners. At the same time, the Illinois FAIR Plan has expanded its product offerings to meet the demands of the marketplace. This includes developing and eventually expanding the Homeowners program, providing earthquake coverage, increasing coverage limits, etc. The Illinois FAIR Plan is considered to be one of the top FAIR Plans in the country based the products and services it offers, its excellent working relationship with the Department of Insurance, and the support it has received from the Industry including their effective participation on the Governing Committee.