What is the focus of the Washington Fair Plan?

The Washington Fair Plan is specifically designed to offer basic property insurance to individuals who are unable to obtain coverage through the traditional or voluntary insurance market. This means that it serves as a safety net for those who may have difficulty securing insurance due to high-risk factors associated with their property or other concerns that typically lead insurers to deny coverage.

The plan is not focused on providing insurance for all types of businesses, nor does it ensure that all property is insured equally. Instead, it targets individuals and properties that face challenges in acquiring standard coverage. Additionally, while it may include high-risk properties, its primary goal is not to exclusively cover these types of properties but to provide a broader access to basic insurance solutions for those who need it most. This approach helps to ensure that even individuals with challenging circumstances can still find a way to protect their property, promoting fairness and equity in the availability of insurance.