The Ohio Fair Access to Insurance Requirements (FAIR) Plan was established in the 1960s after several riots caused extensive property damage and insurers stopped covering homes in inner city areas altogether. 
It’s designed as a last-resort coverage option for homeowners that standard insurance companies consider too high risk to insure. This might include homes located in areas with high crime or severe weather, or homeowners with poor credit or a history of filing frequent claims. To qualify for the Ohio Fair Plan, you need to show proof you were denied coverage by two different insurers, among other criteria.
What is the Ohio FAIR Plan?
The Ohio FAIR Plan provides you basic homeowners insurance coverage if you can’t find an insurance company willing to insure your home.
Reasons you might be denied coverage on the regular insurance market in Ohio include:
Age of home
High crime rate
High risk for tornados
Low credit score
History of filing frequent claims
Since FAIR Plans are typically more expensive than homeowners insurance offered by standard insurers, it’s best saved as a last resort after you’ve exhausted all other options. With FAIR Plans, all licensed insurance companies in the state are legally required to contribute to paying out claims and collecting profits.
Who is eligible for an Ohio FAIR Plan?
In order to be eligible for the Ohio FAIR Plan, you’ll need to meet the following criteria:
Prove you were denied coverage by at least two different insurance companies
Insure your home for at least 50% of its replacement cost value
Live in your home full time as your primary residence
Not own any “dangerous” dog breeds, like a pit bull or pit bull mix
Not be in foreclosure or violate any state building or safety code laws
You can check the Ohio Fair Plan website for a full list of eligibility requirements.
What does the Ohio FAIR Plan cover?
The Ohio FAIR Plan offers multiple types of homeowners insurance, including standard HO-3 policies — the most common form of homeowners insurance available. HO-3 policies are open peril or all-risk policies, so they cover all perils except for those listed as exclusions on your coverage form. Common home insurance exclusions include damage from neglect, floods, and earthquakes. You can check your policy for a full list of what’s excluded from coverage.
Here's what an Ohio FAIR Plan HO-3 policy covers:
What it covers
Protects the structure of your home from different types of damage, like from break-ins, vandalism, and bad weather
Covers damages to structures detached from your home, like a shed or detached garage
Protects your personal belongings from damage
Pays for legal fees or medical expenses if you're found responsible for someone else's injury or damaged belongings
Pays for more minor medical expenses for guests injured at your home — regardless of who’s at fault
Pays for you to temporarily live in a rental home or hotel if your house is being repaired after a covered loss
How much does an Ohio FAIR Plan cost?
The average annual cost of homeowners insurance in Ohio is $874, according to the National Association of Insurance Commissioners (NAIC).  But FAIR Plans tend to be more expensive than policies that you can buy on the standard insurance market. Factors like the age of your home, your ZIP code, how much coverage you need, and your deductible amount will also affect the price of your premium.
The Ohio FAIR Plan website includes a calculator that can estimate your premium costs. You’ll need to provide information like where your home is located, how close it is to a fire station, how much coverage you need, and more to estimate the cost.