About Us

Our Mission

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.

Our Strategy

In fulfilling our mission we will:

  • Inform the industry and public of the existence of the FAIR Plan and its products
  • Provide courteous and professional service in a cost effective manner
  • Utilize standard insurance forms
  • Consider affordability for the public and competitiveness with the voluntary market in pricing our products
  • Exercise financial responsibility to the industry in setting our prices and developing a budget
  • Encourage fire prevention and the improvement of property
  • Educate Insureds and the public with regards to the availability of insurance coverage in the voluntary market

History of the FAIR Plan

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.

Seminars and Presentations

The staff of the FAIR Plan is available for continuing education seminars. We can provide 1-hour and 3-hour seminars approved for continuing education credit by the Department of Commerce

If you are interested in continuing education credits you can contact the FAIR Plan for more information, or click the link below for information on seminars already scheduled.

These seminars are open to anyone interested in attending.

There are no current seminars. Information will be updated as seminars become available.

Not from Minnesota?

Here is a list of the FAIR/Wind/Beach Plans in other states