Home Insurance What does the Oregon FAIR home insurance plan cover? View Carriers Please enter valid zip Compare top carriers in your area Written by Barbara Marquand | Posted on: May 16, 2011 Why you can trust Insure.com Quality Verified At Insure.com, we are committed to providing the timely, accurate and expert information consumers need to make smart insurance decisions. All our content is written and reviewed by industry professionals and insurance experts. Our team carefully vets our rate data to ensure we only provide reliable and up-to-date insurance pricing. We follow the highest editorial standards. Our content is based solely on objective research and data gathering. We maintain strict editorial independence to ensure unbiased coverage of the insurance industry. The federal government made Fair Access to Insurance Requirements plans possible in the late 1960s to make property insurance available to people who couldn’t otherwise qualify for it. The FAIR plan in your state is available through the Oregon FAIR Plan Association, a high-risk insurance pool created by the state legislature and supported by the property insurance companies licensed to do business there. You qualify for a FAIR home insurance plan only if you can’t obtain coverage in the regular insurance market. The association says to check with at least two insurance companies to find coverage before resorting to the FAIR plan–an insurance agent can help you apply. The Oregon FAIR plan covers the actual cash value for losses (the cost to replace property, minus depreciation) up to a maximum of $300,000. The plan does not provide coverage for liability or theft, nor does it offer “floaters” for additional coverage for jewelry, coins and other valuables. Standard home insurance plans limit the amount of coverage on such belongings. Exclusions vary by policy, so work closely with an agent to understand exactly what a policy covers and doesn’t cover and under what circumstances. The Oregon FAIR Plan Association has further information on its website. For more, see FAIR plans: Home insurance for ‘high-risk’ properties. In case you missed it What is condo (HO-6) insurance and how much does it cost? Average homeowners insurance cost by ZIP code in 2025 What is dwelling coverage and how much do you need? Personal liability insurance: What it is and why you need it Hurricanes and home insurance: How hurricane insurance works How replacement cost coverage works when you file a claim How much do claims increase home insurance rates? Mobile home insurance cost and coverage in 2025 Homeowners insurance basics Home Insurance Advisor Cheapest homeowners insurance in 2025 How much flood insurance do I need? How to bundle home and auto insurance policies to save money The largest home insurance companies by market share Home insurance discounts for cheaper rates How much does dog liability insurance cost and do you need it? Do you have an emergency go-bag? Most Americans don’t 1/1 Related Articles Can insurance companies cancel your policy if your home is vacant? By Nupur Gambhir What is condo (HO-6) insurance and how much does it cost? By Shivani Gite Are landlords responsible for tree damage to your car? By Nupur Gambhir Does homeowners insurance cover TV damage? By Cassidy Horton Does homeowners insurance cover laptop or computer damage? By Mark Vallet Does homeowners insurance cover rotting wood? By Penny Gusner ZIP Code Please enter valid ZIP See rates