Is your Modesto or Central Valley property “Uninsurable”? We have the fix.
In today’s California insurance market, a “Non-Renewal” notice can feel like a crash landing. If your home or rental property has been flagged for wildfire risk, brush clearance, or simply being in a “declined” zip code, Steel Points Insurance Agency is here to get you back in the air.
What is the California FAIR Plan?
The FAIR Plan is California’s “Insurer of Last Resort.” It is a basic fire insurance policy for those who cannot find coverage in the voluntary market. However, there is a catch: The FAIR Plan alone is not enough.
The “Gap” in the FAIR Plan
The FAIR Plan only covers Fire, Lightning, Internal Explosion, and Smoke. It DOES NOT cover:
- Theft or Vandalism
- Liability (if someone gets hurt on your property)
- Water Damage (Pipe bursts)
- Falling Objects (Trees)
The Steel Points “FAIR Plan Wrap” (DIC Policy)
At Steel Points, we don’t just sell you a FAIR Plan and leave you exposed. We specialize in Difference in Conditions (DIC) policies—often called “Wrap” policies.
- The Result: We combine a FAIR Plan with a DIC policy to give you coverage that mirrors a traditional “Full” Homeowners (HO3) or Landlord (DP3) policy.
Better Than the FAIR Plan: Private Market Alternatives
Before we resort to the FAIR Plan, our “Borg-level” search tools scan the Surplus Lines (Non-Admitted) market. We often find private alternatives that are:
- More Comprehensive: Full coverage in a single policy.
- Faster to Issue: No waiting for state-level processing.
- Potentially More Affordable: When you factor in the cost of two policies (FAIR + Wrap), a single private policy often wins.
Why Trust Steel Points with Your High-Risk Property?
- Tactical Precision: We know the Modesto, Ceres, and Foothill maps. We understand the “STEV” and “High Fire” zones that scare off other agents.
- Technology-First: We use advanced rating software to check multiple non-admitted carriers simultaneously.
- Local & Licensed: Based in Modesto, we are a California-licensed and bonded agency ($10,000 Broker Bond on file).
The “FAIR Plan” Process: How We Get You Covered
- Analysis: We review your non-renewal notice and property risk score.
- The Private Scan: We check carriers like Foremost, Aegis, and Canopius for private alternatives.
- The FAIR Quote: If the private market is closed, we bridge you to the FAIR Plan.
- The “Wrap” Finish: We secure your Liability and Water damage coverage so your mortgage company is satisfied and your assets are protected.
Don’t Let a Non-Renewal Ground Your Business or Home.
Let’s build a shield around your property today.
Steel Points Insurance Agency Specializing in Hard-to-Place Property Insurance 209-213-1273