How many insurers must a property owner be turned down by to qualify for the FAIR Plan?

To qualify for the FAIR Plan (Fair Access to Insurance Requirements) in Kansas, a property owner must demonstrate that they have been denied coverage by three different insurance companies. This requirement is in place to ensure that individuals who are unable to obtain property insurance through the standard market due to higher risk are able to access essential coverage through the FAIR Plan. The FAIR Plan acts as a last resort for homeowners and property owners who have been turned away from multiple standard insurers, reflecting that they have genuinely faced challenges in securing insurance. Consequently, the stipulation of needing three rejections helps to balance the state’s insurance market and provide options for high-risk individuals.