Fair Plan-Insurance Placement Facility of Pennsylvania
The West Virginia FAIR Plan, formally known as the West Virginia Essential Property Insurance Association, was established on November 1, 1986, to provide basic property insurance to individuals with insurable interests in real or tangible personal property in West Virginia who are unable to secure coverage from the voluntary insurance market. This initiative was authorized by Senate Bill 565 and later modified by SB 296 during the 1989 Legislative Session.
As an association of property insurance companies operating in West Virginia, the FAIR Plan is administered by a Board of Directors appointed by the Insurance Commissioner, ensuring that no federal, state, or local funds are used to support or subsidize its operations. The administrative office is located in Philadelphia, Pennsylvania.
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