The Kentucky FAIR Plan AAssociation  
 

Kentucky FAIR Plan Reinsurance Association

The Kentucky FAIR Plan was established pursuant to KRS Chapter 304, Subtitle 35. The purpose is to establish and maintain a non-profit residual market mechanism whereby Property Insurance and Casualty Insurance can be made available to all worthy applicants and to distribute equitably the costs, losses, or gains, if any, arising therefrom among all members of the Plan and the related reinsurance association created and existing pursuant to the FAIR Plan Statutes.


  The Kentucky FAIR Plan Association

 

Municipal and County Taxes

The Kentucky Department of Insurance has ruled that Kentucky FAIR Plan policies are no longer subject to local government premium taxes. This change is effective June 15, 2010.
This does not affect the 1.8% surcharge.

 

New Applications

New Applications are included under the Producer Tab to reflect the change in city and county taxes.

 

Mine Subsidence Coverage

Effective July 15, 2010 the reinsurance limits
are increased from $100,000 to $300,000 and coverage is added for additional living expense up to $25,000 for owners displaced as a direct result of a mine subsidence loss.

Coverage is limited by the maximum building coverage limits offered for each program.
See the manual for details.

 

 

More News...

We are pleased to announce the following enhancements to our website, which can be accessed by clicking the Producers Tab:

 

 

 

Quote Programs

The Quote Programs have been updated for Dwelling Fire and Homeowners and now are also available for Commercial Fire and Farm Fire.

 

Payment and Claim Inquiry

Payment and Claim Inquiry now includes basic policy information, as well as policy, payment and claim status for new or renewal policies written after1/1/09 and thereafter. (Policies on the old system are not included until renewed in 2009). Your User ID is your FAIR Plan agency number and your Password is the last 4 digits of your tax ID number or SSN.

  

On-Line Loss Notice

Claims should be reported on the Loss Notice portion of the Producers Tab. Producers are strongly encouraged to report all losses on-line for more efficient claim handling.

 

 

 

 

 

 

  

USER AGREEMENT


The Kentucky FAIR Plan
1. Welcome! Our goal is to provide easy access to information for resident producers who desire to obtain insurance through the Kentucky FAIR Plan.

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5. Governing Law. You agree that this User Agreement is governed by the laws of the Commonwealth of Kentucky, excluding any application of conflicts of laws rules or principles. You agree that the sole jurisdiction and venue for any litigation arising from your use of, or purchase of products or services through, our site shall be an appropriate federal or state court located in Franklin County, Kentucky.