{"id":8310,"date":"2026-05-21T04:02:58","date_gmt":"2026-05-21T04:02:58","guid":{"rendered":"https:\/\/siliconvalleymovingpost.com\/?p=8310"},"modified":"2026-05-21T04:02:58","modified_gmt":"2026-05-21T04:02:58","slug":"california-fair-plan-rates-going-up-29-1-in-late-2026","status":"publish","type":"post","link":"https:\/\/siliconvalleymovingpost.com\/?p=8310","title":{"rendered":"California FAIR Plan rates going up 29.1% in late 2026"},"content":{"rendered":"
\n

California\u2019s home insurance of last resort, the FAIR Plan, is raising rates 29.1% for certain homeowners starting Oct. 15.<\/p>\n

Read more AI boom helps erase California\u2019s multibillion-dollar budget deficit<\/a><\/p>\n

Rates will be highest for those in high-risk, fire prone areas.<\/p>\n

With many homeowners and businesses across the state unable to find coverage in the standard market, consumers wound up in the Fair Access Insurance Requirements Plan, or FAIR Plan. The insurer \u2014 which is backed by six standard insurance companies for wildfire damage only \u2014 first sought a 35.8% hike to keep it from slipping into financial trouble, Michael Soller, spokesman for the state\u2019s Department of Insurance, said Wednesday, May 20 via email.<\/p>\n

Also see:<\/strong>\u00a0Two California home insurers to raise rates, expand coverage by late 2026<\/span><\/p>\n

As of year-end 2025, about four in five of the plan\u2019s more than 668,600 homeowner policies in California would have received a higher bill by 5%-60% if the FAIR Plan got its higher rate request approved.<\/p>\n

The number of policies the FAIR Plan carries grew 44% to 668,600 at the end of 2025 from 464,900 in the fall of 2024 \u2014 just a few months before windswept January wildfires destroyed several communities in Los Angeles County. The rising policy count was driven by claim rejections from private insurers and others that stopped underwriting new policies. The FAIR Plan\u2019s total exposure jumped to $724 billion as of Dec. 31, 2025, a 230% increase from the fall of 2024 \u2014 a huge reason for the rate hike request by the FAIR Plan.<\/p>\n

In the statement provided to the Southern California News Group, Soller said the insurance department is beginning to see signs of \u201cmarket improvement\u201d after several insurance companies expressed concerns about financial stability \u2014 the biggest of which was State Farm.<\/p>\n

\u201cWhen this new rate is implemented, not every FAIR Plan customer will see their premium rise by this amount,\u201d a FAIR Plan spokeswoman wrote in a statement about the approved rate hike. \u201cThe largest component of the increase relates to the wildfire portion of policyholders\u2019 premiums, so those policyholders whose properties are at significant wildfire risk will see a higher increase than those at lower risk, and some policyholders will see a premium decrease.\u201d<\/p>\n

\n<\/div>\n

In 2025, state California Insurance Commissioner Ricardo Lara debuted a new catastrophic modeling system \u2014 called the \u201csustainable insurance strategy, or SIS \u2014 allowing the open insurance market to adjust its rates according to certain risk models.<\/p>\n

Using the plan, insurance companies can increase rates based on the growing threat of climate change, passing on to their customers costs for insuring high-risk homes. In exchange, insurance companies are expected to write more polices in fire-prone parts of the state, where many ended coverage for hundreds of thousands of homeowners over the past decade.<\/p>\n

Consumer advocates, however, say SIS reforms will lead to a continued spike in rates. They are deeply skeptical that insurers will actually write more policies in fire-risk communities. They also cite what they describe as loopholes in the regulations, including the exclusion of many fire-prone neighborhoods from state maps where insurers must write more policies.<\/p>\n

Also see:<\/strong> California insurance commissioner candidates want tough industry sanctions<\/p>\n

Read more Holy deception: Rome\u2019s \u2018sexy priest\u2019 calendar star never set foot in a seminary<\/a><\/p>\n

\n<\/div>\n

\u201cIt\u2019s obviously going to be a real blow for consumers who already feel they\u2019re paying too much for too little under the FAIR Plan,\u201d said Carmen Balber, executive director of advocacy group Consumer Watchdog. \u201cThis is a pretty big deal.\u201d<\/p>\n

Joy Chen, executive director of the \u201cEvery Fire Survivor\u2019s Network, echoed Balber.<\/p>\n

\u201cWe\u2019ve got two intersecting crises in this state, and they both are failures of the current insurance commissioner,\u201d Chen said. \u201cWe\u2019ve got a massive crisis of insurance accountability.\u201d<\/p>\n

She said that 70% of consumers with homeowners insurance have been \u201cfaithful,\u201d paying premiums without receiving the benefits. \u201cThe L.A. fire survivors are like canaries in a coal mine.\u201d<\/p>\n

Earlier this month, Lara took\u00a0legal action against State Farm alleging the company mishandled wildfire claims in the devastated Los Angeles fire zones.<\/p>\n

In a state court filing, the insurance regulator said it is seeking as much as $4 million in penalties on 398 violations of state law from State Farm following a seven-month-old investigation.<\/p>\n

Lara claimed the company underpaid claims and was slow to investigate damage to homes and possible contamination from smoke, caused by conflagrations that destroyed huge swaths of Pacific Palisades and Altadena in early January 2025. The commissioner also wants to prohibit State Farm, California\u2019s largest home insurer, from writing new policies for a year.<\/p>\n

The January firestorms in the seaside community and in neighboring Malibu turned to ash more than 23,448 acres, killed a dozen people, destroyed 6,837 structures and damaged nearly 1,000 others before extinguished on Jan. 31.<\/p>\n

In Altadena, the fires were so destructive that customers have been slow to return because so much of its community went up in flames in the January wildfires. The fire turned more than 14,021 acres to ash, killed 19 people, destroyed 9,414 structures, and badly burned another 1,074.<\/p>\n

Read more From BBQ to fine dining, celebrate summer with these SoCal food festival<\/a><\/p>\n

Staff writer Amancai Biraben contributed to this report.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

A consumer advocate called the hike ‘a real blow for consumers.’<\/p>\n","protected":false},"author":1,"featured_media":8309,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36,2],"tags":[],"class_list":["post-8310","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-based-on-facts-either-observed-and-verified-directly-by-the-reporter-or-reported-and-verified-from-knowledgeable-sources","category-news"],"yoast_head":"\nCalifornia FAIR Plan rates going up 29.1% in late 2026 - Silicon Valley Moving Post<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/siliconvalleymovingpost.com\/?p=8310\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"California FAIR Plan rates going up 29.1% in late 2026 - Silicon Valley Moving Post\" \/>\n<meta property=\"og:description\" content=\"A consumer advocate called the hike 'a real blow for consumers.'\" \/>\n<meta property=\"og:url\" content=\"https:\/\/siliconvalleymovingpost.com\/?p=8310\" \/>\n<meta property=\"og:site_name\" content=\"Silicon Valley Moving Post\" \/>\n<meta property=\"article:published_time\" content=\"2026-05-21T04:02:58+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/?p=8310#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/?p=8310\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/#\\\/schema\\\/person\\\/636e2e5a10a21cf87fe6eb5951e8a6b7\"},\"headline\":\"California FAIR Plan rates going up 29.1% in late 2026\",\"datePublished\":\"2026-05-21T04:02:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/?p=8310\"},\"wordCount\":851,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/?p=8310#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/f311dceff645ffeae8644d94cfc8629c.webp\",\"articleSection\":[\"Based on facts, either observed and verified directly by the reporter, or reported and verified from knowledgeable sources.\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/siliconvalleymovingpost.com\\\/?p=8310#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/?p=8310\",\"url\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/?p=8310\",\"name\":\"California FAIR Plan rates going up 29.1% in late 2026 - Silicon Valley Moving Post\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/?p=8310#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/?p=8310#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/f311dceff645ffeae8644d94cfc8629c.webp\",\"datePublished\":\"2026-05-21T04:02:58+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/#\\\/schema\\\/person\\\/636e2e5a10a21cf87fe6eb5951e8a6b7\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/?p=8310#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/siliconvalleymovingpost.com\\\/?p=8310\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/?p=8310#primaryimage\",\"url\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/f311dceff645ffeae8644d94cfc8629c.webp\",\"contentUrl\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/f311dceff645ffeae8644d94cfc8629c.webp\",\"width\":1024,\"height\":720},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/?p=8310#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"California FAIR Plan rates going up 29.1% in late 2026\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/#website\",\"url\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/\",\"name\":\"Silicon Valley Moving Post\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/#\\\/schema\\\/person\\\/636e2e5a10a21cf87fe6eb5951e8a6b7\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"sameAs\":[\"http:\\\/\\\/siliconvalleymovingpost.com\"],\"url\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"California FAIR Plan rates going up 29.1% in late 2026 - Silicon Valley Moving Post","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/siliconvalleymovingpost.com\/?p=8310","og_locale":"en_US","og_type":"article","og_title":"California FAIR Plan rates going up 29.1% in late 2026 - Silicon Valley Moving Post","og_description":"A consumer advocate called the hike 'a real blow for consumers.'","og_url":"https:\/\/siliconvalleymovingpost.com\/?p=8310","og_site_name":"Silicon Valley Moving Post","article_published_time":"2026-05-21T04:02:58+00:00","author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/siliconvalleymovingpost.com\/?p=8310#article","isPartOf":{"@id":"https:\/\/siliconvalleymovingpost.com\/?p=8310"},"author":{"name":"admin","@id":"https:\/\/siliconvalleymovingpost.com\/#\/schema\/person\/636e2e5a10a21cf87fe6eb5951e8a6b7"},"headline":"California FAIR Plan rates going up 29.1% in late 2026","datePublished":"2026-05-21T04:02:58+00:00","mainEntityOfPage":{"@id":"https:\/\/siliconvalleymovingpost.com\/?p=8310"},"wordCount":851,"commentCount":0,"image":{"@id":"https:\/\/siliconvalleymovingpost.com\/?p=8310#primaryimage"},"thumbnailUrl":"https:\/\/siliconvalleymovingpost.com\/wp-content\/uploads\/2026\/05\/f311dceff645ffeae8644d94cfc8629c.webp","articleSection":["Based on facts, either observed and verified directly by the reporter, or reported and verified from knowledgeable sources.","News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/siliconvalleymovingpost.com\/?p=8310#respond"]}]},{"@type":"WebPage","@id":"https:\/\/siliconvalleymovingpost.com\/?p=8310","url":"https:\/\/siliconvalleymovingpost.com\/?p=8310","name":"California FAIR Plan rates going up 29.1% in late 2026 - Silicon Valley Moving Post","isPartOf":{"@id":"https:\/\/siliconvalleymovingpost.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/siliconvalleymovingpost.com\/?p=8310#primaryimage"},"image":{"@id":"https:\/\/siliconvalleymovingpost.com\/?p=8310#primaryimage"},"thumbnailUrl":"https:\/\/siliconvalleymovingpost.com\/wp-content\/uploads\/2026\/05\/f311dceff645ffeae8644d94cfc8629c.webp","datePublished":"2026-05-21T04:02:58+00:00","author":{"@id":"https:\/\/siliconvalleymovingpost.com\/#\/schema\/person\/636e2e5a10a21cf87fe6eb5951e8a6b7"},"breadcrumb":{"@id":"https:\/\/siliconvalleymovingpost.com\/?p=8310#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/siliconvalleymovingpost.com\/?p=8310"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/siliconvalleymovingpost.com\/?p=8310#primaryimage","url":"https:\/\/siliconvalleymovingpost.com\/wp-content\/uploads\/2026\/05\/f311dceff645ffeae8644d94cfc8629c.webp","contentUrl":"https:\/\/siliconvalleymovingpost.com\/wp-content\/uploads\/2026\/05\/f311dceff645ffeae8644d94cfc8629c.webp","width":1024,"height":720},{"@type":"BreadcrumbList","@id":"https:\/\/siliconvalleymovingpost.com\/?p=8310#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/siliconvalleymovingpost.com\/"},{"@type":"ListItem","position":2,"name":"California FAIR Plan rates going up 29.1% in late 2026"}]},{"@type":"WebSite","@id":"https:\/\/siliconvalleymovingpost.com\/#website","url":"https:\/\/siliconvalleymovingpost.com\/","name":"Silicon Valley Moving Post","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/siliconvalleymovingpost.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/siliconvalleymovingpost.com\/#\/schema\/person\/636e2e5a10a21cf87fe6eb5951e8a6b7","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g","caption":"admin"},"sameAs":["http:\/\/siliconvalleymovingpost.com"],"url":"https:\/\/siliconvalleymovingpost.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/siliconvalleymovingpost.com\/index.php?rest_route=\/wp\/v2\/posts\/8310","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/siliconvalleymovingpost.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/siliconvalleymovingpost.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/siliconvalleymovingpost.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/siliconvalleymovingpost.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8310"}],"version-history":[{"count":0,"href":"https:\/\/siliconvalleymovingpost.com\/index.php?rest_route=\/wp\/v2\/posts\/8310\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/siliconvalleymovingpost.com\/index.php?rest_route=\/wp\/v2\/media\/8309"}],"wp:attachment":[{"href":"https:\/\/siliconvalleymovingpost.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8310"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/siliconvalleymovingpost.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8310"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/siliconvalleymovingpost.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8310"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}