California Fair Plan Policy 2025 Changes. California insurance commissioner ricardo lara said on friday that he and the california fair plan have agreed to establishing a new high value commercial coverage option with limits up to $20. One new rule allows private insurers to cover the cost of large fair plan losses by adding temporary supplemental fees to all their customers’ policies — up to half for liabilities.
In pacific palisades alone, the fair plan insures nearly $6 billion worth of property, according to september figures — more than all but four communities in california. The fair plan will now offer.