The Illinois FAIR Plan Association is an insurance organization based in Chicago, IL, that aims to provide basic property insurance to qualified applicants who have been unable to obtain coverage through the standard insurance market. They strive to offer service and coverage comparable to what is available in the standard market, while also promoting urban revitalization and making insurance accessible in areas where it may be difficult to obtain due to discrimination or other factors.
With a mission to reduce the incidence of loss, particularly related to insurance fraud and arson, the Illinois FAIR Plan Association works to educate the public about their availability and participate in relevant programs. They offer various services and resources for both consumers and producers, including insured registration, premium payments, policy forms, rates, and coverage comparison. Additionally, they provide important updates and announcements regarding rate changes, payment options, and address changes to ensure effective communication with policyholders and applicants.
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