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The Iowa FAIR Plan Association was created by the insurance industry and the State of Iowa to provide basic coverage for properties that do not qualify for insurance in the voluntary insurance market.

Your insurance policy was not written through the Iowa FAIR Plan Association. When you receive a Notice of Non-Renewal or a Notice of Cancellation, contact your agent or contact the company for information about why and how you can have the policy continued. 

Insurance companies writing property insurance in Iowa are required to put contact information about the Iowa FAIR Plan Association on any Notice of Non-Renewal or Notice of Cancellation. 

Not necessarily. It depends on the reason for the cancellation.  If you are being canceled for nonpayment of premium you may be able to have your policy reinstated by making a premium payment within the grace period.  If you are being canceled for other reasons you may be able to get the policy reinstated. Ask your agent if similar coverage is available with another company. 

The Iowa FAIR Plan Association (Plan) should be considered a last resort when seeking property insurance coverage. The Plan’s policies provide basic coverage.  Our policies provide less coverage than voluntary market companies. 

It is impossible to compare premiums between what you have had in the past and what the Plan can offer without a complete quote. Contact a licensed insurance agent and have them help you through the application process so we can provide you with an accurate quote.

Ask your agent to review the Iowa FAIR Association's website or contact the Plan for help with preliminary eligibility and providing you with a quote. Agents are required by Iowa law to assist you with your Iowa FAIR Plan application.

Any agent licensed to write property and casualty insurance in Iowa can help you get coverage with the Iowa FAIR Plan.

All Iowa licensed property and casualty insurance agents are required by Iowa law to assist you with your application with the Iowa FAIR Plan.

A FAIR (Fair Access to Insurance Requirements) Plan policy is a type of insurance policy that provides coverage for high-risk properties or areas that are difficult to insure through traditional insurance companies. Forced placement, on the other hand, is a process where a lender may purchase insurance on behalf of a borrower who has failed to obtain adequate insurance coverage for their property.

While forced placement may provide immediate coverage, it is typically more expensive than a FAIR Plan policy and may not provide the same level of coverage or protection. Additionally, forced placement insurance may not be tailored to the specific needs of the property or the borrower. Often your equity in the property is not insured.

Ultimately, the decision to purchase a FAIR Plan policy or use forced placement will depend on a variety of factors, including your specific needs of the property or borrower, the availability of insurance options, and the cost of coverage. It is important to carefully consider all options and consult with a licensed insurance professional before making a decision.