| Insurance Provided By FAIR Plans, Fiscal Years 2007-2016 (1) |
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Number of policies |
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| Year |
Habitational |
Commercial |
Total |
Exposure (2)
($000) |
Direct premiums
written ($000) |
| 2007 |
2,412,252 |
114,053 |
2,526,305 |
$684,829,667 |
$4,431,381 |
| 2008 |
2,190,189 |
90,876 |
2,281,065 |
612,749,753 |
3,727,311 |
| 2009 |
2,043,969 |
86,575 |
2,130,544 |
614,905,551 |
3,038,712 |
| 2010 |
2,378,736 |
83,243 |
2,461,979 |
662,633,180 |
3,448,576 |
| 2011 |
2,658,662 |
51,657 |
2,710,319 |
715,289,876 |
3,942,021 |
| 2012 |
2,518,808 |
71,776 |
2,590,584 |
635,705,150 |
4,059,446 |
| 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 |
(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). |
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