The Pennsylvania FAIR Plan, formally known as the Insurance Placement Facility of Pennsylvania, commenced operating October 28, 1968, to make basic property insurance available to persons who have an insurable interest in real or tangible personal property located in the State of Pennsylvania, and who have been unable to secure such insurance from the voluntary insurance market. The Plan was authorized by and created pursuant to House Bill 712 of the General Assembly of Pennsylvania.
The Pennsylvania FAIR Plan is an association of the property insurance companies doing business in Pennsylvania. No Federal, State, or local funds are used to support or subsidize this Plan. It is administered by a Board of Directors elected annually by all companies. The Administrative Office of the FAIR Plan is located at 190 N. Independence Mall West , Suite 301, Philadelphia, Pennsylvania 19106 1554.