Important Illinois FAIR Plan Insurance Information

Your insurance with the FAIR Plan is renewing soon, which makes it the ideal time to complete a review of your FAIR Plan insurance policy. The FAIR Plan recommends that you contact your insurance agent to review the following topics.

Did you know......

• You may be able to obtain more insurance coverage at a lower cost?
  The FAIR Plan recommends that you review options for coverage with a different insurance company other than the FAIR Plan. Contact an insurance agent to review the reasons your insurance was placed with the FAIR Plan and if now is time to change to a new insurance company.


• You should review the amount of insurance coverage?
  The cost of construction, including property repairs has increased dramatically. The FAIR Plan recommends that you review the amount of your insurance coverage to ensure you have an adequate amount of coverage. The insured value of your property determines how much you will receive in the event of a covered loss . If your property is not adequately insured for the covered loss, the amount you receive may not be enough to pay for all repairs. Contact your agent to review the insured value of your property.


• Is your property insured with the right policy type?
  The FAIR Plan recommends that you review the type of policy insuring your property and, if applicable, the amount of liability coverage. The FAIR Plan offers both Dwelling and Homeowners policies with varying degrees of coverage. You may qualify for a policy with additional insurance coverages. Ask your agent about insurance policy options or go to the Illinois FAIR Plan website and click on the “Producer” and “Coverage Summary” tabs to review the insurance policies offered by the FAIR Plan and contact your agent to review your FAIR Plan policy coverages.


• We are here to serve you If you have any questions or need additional information, please contact FAIR Plan Customer Service at information@illinoisfairplan.com or (312) 861-0385.