Bay Area homeowners face looming 30% FAIR Plan insurance rate hikes

Name: Bay Area homeowners face looming 30% FAIR Plan insurance rate hikes
Uploaded: 2026-05-21T05:20:42Z
Duration: 2 min 55 s
Description: Thousands of Bay Area homeowners living in fire-prone areas are bracing for significant insurance rate hikes this fall. California's FAIR Plan, considered the state's insurance of last resort, has announced it will raise rates by an average of 30% starting October 15.

FOX LOCAL San Francisco · May 21, 2026 · 2m 55s

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Thousands of Bay Area homeowners living in fire-prone areas are bracing for significant insurance rate hikes this fall. California's FAIR Plan, considered the state's insurance of last resort, has announced it will raise rates by an average of 30% starting October 15.

Watch Bay Area homeowners face looming 30% FAIR Plan insurance rate hikes - FOX LOCAL San Francisco | FOX One