Missouri Property Insurance Placement Facility
The Missouri Property Insurance Placement Facility, commonly known as the Missouri FAIR Plan, was established in October 1969 to provide property insurance to applicants who are unable to secure coverage through the standard insurance market. Designed as a last resort, the FAIR Plan aims to offer basic property insurance services and coverage comparable to those available in the voluntary marketplace.
In addition to accepting applications for vacant properties, the FAIR Plan has adapted its operations in response to the COVID-19 pandemic, ensuring continued service while prioritizing the safety of its producers and customers. The facility also offers optional increases for dwelling limits on renewal policies that meet underwriting guidelines, along with additional coverage options for qualified insureds.
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