The North Carolina FAIR Plan is the state's market of last resort for property owners who can't get coverage in the regular market. It is run by the North Carolina Joint Underwriting Association and writes dwelling fire and commercial fire policies in every territory except the beach area, where the Coastal Property Insurance Pool serves instead.
Pick your town or county to see the typical yearly home insurance premium our own clients pay, from the policies we write and service.
| Dwelling coverage | Typical yearly premium |
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Typical means the median: half of policyholders pay less, half pay more. The headline number is for a home insured for $250,000 to $400,000; the table shows every size of home. Source: Sizemore Insurance clients' in-force policies as of October 9, 2026, not a survey or national average (how we got these numbers). Not a quote.
North Carolina has two residual market plans, and they share an administrative home. The FAIR Plan, short for Fair Access to Insurance Requirements, is run by the North Carolina Joint Underwriting Association (NCJUA). The Coastal Property Insurance Pool, formerly the Beach Plan, is run by the North Carolina Insurance Underwriting Association (NCIUA). State law defines both as the market of last resort.
The FAIR Plan offers dwelling fire and commercial fire policies in all territories except the beach area. For commercial property, its published limit is $2.5 million, capped at a $6 million aggregate.
A dwelling fire policy is a different form from a homeowners policy. It's built around the building, and the coverage for belongings, liability and living expenses works differently or may need to be added. If you're moving from a homeowners policy to a FAIR Plan dwelling policy, compare the two line by line.
The FAIR Plan is meant for property that can't find a home in the regular market. That might be a house with an older roof or a recent loss, a vacant or hard-to-insure building, or a property in an area where companies have pulled back. Being placed there doesn't mean you'll stay there.
If your property is in the 18 coastal counties, the Coastal Property Insurance Pool is usually the conversation, because it writes homeowners and wind and hail coverage there. In the beach area, the pool also writes dwelling fire and commercial fire, which the FAIR Plan doesn't. Inland, from the Triangle to Charlotte to the mountains, the FAIR Plan is the backstop.
Fixing the reason a home was declined, such as replacing the roof, often opens the regular market again. We recheck FAIR Plan and pool clients when something changes, so they aren't paying for a last-resort policy longer than they need to.
Every situation is a little different. If you want someone to look at your own policy, call us at (910) 791-1011 or start a quote online. We're an independent, family-owned company founded in 1977, with eight offices in North Carolina, and we're licensed in North Carolina, South Carolina, Virginia and Maryland.
This page is general information, not a coverage determination or legal advice. Policies, rules and availability vary and change. Review your own policy or talk to your advisor.