Annual Insurance Checklist


  • READ YOUR POLICY.
  • Shop around at least annually for coverage with insurers other than the FAIR Plan.
  • The FAIR plan is the insurer of last resort and provides only basic property insurance.
  • The insurance marketplace changes regularly, so a property not eligible for coverage in the past may be eligible now.
  • Ask your neighbors who insures their properties.
  • Ask your insurance broker to try to find you more comprehensive coverages than we offer.
  • Call insurance companies on your own.
  • Do not rely on just one source for your insurance information.
  • If you cannot secure a single policy with another insurer in the standard market, consider purchasing an additional policy to cover types of losses we don’t, commonly known as a Difference in Condition (DIC) policy.
  • Make sure that the amount of dwelling coverage you have purchased is enough to replace the structure (including foundation) in the event of a loss. This is your responsibility, not ours.
  • Review all of your coverages.
  • See the Dwelling, Commercial, or Businessowners sections for a description of coverages available from us.