Insurance Provided By FAIR Plans, Fiscal Years 2013-2022 (1)

 

  Number of policies    
Year Habitational Commercial Total Exposure (2) ($000) Direct premiums written ($000)
2013 2,484,816 64,359 2,549,175 $445,635,335 $3,685,283
2014 2,015,536 61,285 2,076,821 424,732,706 3,029,772
2015 1,728,423 51,443 1,779,866 373,829,442 2,198,182
2016 1,498,430 37,522 1,535,952 343,141,990 1,865,744
2017 1,449,312 29,641 1,478,953 327,209,703 1,747,336
2018 1,339,004 24,484 1,363,488 324,765,281 1,694,115
2019 1,370,999 25,776 1,396,775 350,545,986 1,506,609
2020 1,474,616  22,645 1,497,261 424,815,716 2,196,042
2021 1,729,208  24,352 1,753,560 556,808,169 3,012,193
2022 2,244,317  35,059 2,279,376 837,330,722   4,951,815 
(1) Includes the Texas FAIR Plan; Florida’s Citizens Property Insurance Corporation, which includes FAIR and Beach Plans; the Louisiana Citizens Property Insurance Corporation, which includes FAIR and Beach Plans and premiums written after 2007; and North Carolina after 2010. (2) Exposure is the estimate of the aggregate value of all insurance in force in all FAIR Plans in all lines (except liability, where applicable, and crime) for 12 months ending September through December. Source: Property Insurance Plans Service Office (PIPSO).