FAIR Plan Commercial Property Coverage Limits to Rise

Posted on: May 6th, 2025 by Leaders' Choice Staff No Comments

California Insurance Commissioner Ricardo Lara has approved a request by the FAIR Plan to increase commercial property coverage limits. The move is aimed at ensuring that commercial facilities insured by the FAIR Plan are not underinsured, which can be devastating if they suffer a total loss. Under the new limit, the FAIR Plan will create […]

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