To provide owners and tenants of individual residences, small business owners, farmers and co-op residents an opportunity to purchase limited property or homeowners insurance when they are unable to do so in the voluntary market.
In fulfilling out mission we will:
The Minnesota FAIR Plan was created by an act of the Minnesota Legislature. The purpose of the FAIR plan is to provide limited property insurance when coverage is not available from the private market, to encourage improvement of the properties insured by the FAIR Plan and to help speed our customer's return to the private market for their property insurance coverage.
We cannot compete with private insurance companies. The policies that we write are not as desirable as those available from private insurance companies, and they cost more than private insurance companies charge. The coverage provided by the FAIR Plan is Non-Replacement, and only for a limited number of causes of loss. Private insurance companies, on the other hand, often write Replacement Cost coverage as well as coverage for a greater number of causes of loss
If you own residential or commercial property in Minnesota and have been unable to obtain property insurance, you may be eligible for coverage if your property meets minimum requirements.
Minnesota FAIR Plan
1128 Harmon Pl. Suite 311,
Minneapolis, MN 55403-2041
Our office is open to the public:
8:00AM to 4:00PM Monday through Thursday
8:00AM to 12Noon on Friday