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FAIR Plan Prep Checklist

Prepare for a last-resort property insurance application without assuming it matches a standard policy.

Last updated: August 11, 2026Informational guidance

Before you begin

Prepare for a last-resort property insurance application without assuming it matches a standard policy.

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FAIR Plan Prep Checklist

DoneItem and purposeYour notes
Eligibility attempts
Keep declinations or other market-search evidence if required.
Occupancy and use
Record owner, tenant, vacancy, and business-use facts accurately.
Property condition
List repairs, inspections, and unresolved hazards.
Covered perils
Identify what the basic policy includes.
Dwelling limit
Record the limit and how it was estimated.
Settlement method
Check replacement-cost or actual-cash-value wording.
Deductibles
List ordinary and catastrophe deductibles.
Coverage gaps
Identify liability, water, theft, or other gaps requiring another policy.
Inspection requirements
Track access, requested repairs, and response dates.
Official program source
Verify rules with the state program and insurance department.

How to finish the review

  1. Mark uncertain answers instead of guessing.
  2. Attach the quote, declarations page, and form or endorsement that supports each answer.
  3. Ask the agent or carrier to resolve differences in writing.
  4. Repeat the same fields for every quote so price is compared on equal terms.