California FAIR Plan: manufactured homes.

Senator Jones's proposal to expand California FAIR Plan coverage to manufactured homes would modify the state's basic property insurance framework to include manufactured homes under the same terms as traditional residential dwellings. The legislation amends the Insurance Code's definition of basic property insurance to encompass manufactured homes coverage comparable to that available for conventional residential properties.

The California FAIR Plan Association, a joint reinsurance association of state-licensed insurers, currently provides basic property insurance access in designated areas. Under existing law, this coverage applies to fixed-location real and tangible personal property, including protection against standard fire policy perils, extended coverage endorsement, and vandalism. The plan excludes automobile risks, commercial agricultural commodities, livestock, and related equipment.

The amendment maintains the FAIR Plan's current operational structure while expanding its scope. Participating insurers would need to incorporate manufactured homes into their basic property insurance offerings, subject to the same inspection requirements and coverage parameters as traditional residences. The existing provisions for earthquake coverage through the FAIR Plan remain unchanged, requiring policy renewals to maintain specified earthquake protection levels.