# California · Division II Businessowners Program — State insurer-of-last-resort programs — FAIR Plan / Citizens eligibility and coverage limits

For California · Division II Businessowners Program, state is California; program name is California FAIR Plan Association; citation / source is California Department of Insurance news release, Wednesday, March 29, 2023 — “Commissioner Lara and FAIR Plan reach agreement to increase commercial coverage limit to $20 million”; coverage category is Division II Businessowners Program; coverage limit is from $7.2 million to $20 million per location, recorded from its source on 2026-08-19.

- **State:** California _(verified: appears in the quote below)_
- **Program name:** California FAIR Plan Association _(our reading, not quoted from the source)_
- **Citation / source:** California Department of Insurance news release, Wednesday, March 29, 2023 — “Commissioner Lara and FAIR Plan reach agreement to increase commercial coverage limit to $20 million” _(our reading, not quoted from the source)_
- **Coverage category:** Division II Businessowners Program _(verified: appears in the quote below)_
- **Coverage limit:** from $7.2 million to $20 million per location _(verified: appears in the quote below)_
- **Effective / announcement date:** Today’s agreement signed by Commissioner Lara and FAIR Plan President Victoria Roach _(verified: appears in the quote below)_

## What the source says

> Today’s agreement signed by Commissioner Lara and FAIR Plan President Victoria Roach will increase the combined coverage limits for the FAIR Plan, under its Division I Commercial Property Program, from $8.4 million to $20 million per location and, under its Division II Businessowners Program, from $7.2 million to $20 million per location.

## Source

- https://www.cfpnet.com/about-fair-plan/commissioner-lara-and-fair-plan-reach-agreement-to-increase-commercial-coverage-limit-to-20-million/

Last verified: 2026-08-19. Review by: 2027-02-15.
Part of [State insurer-of-last-resort programs — FAIR Plan / Citizens eligibility and coverage limits](https://referencesource.org/state-insurer-of-last-resort-coverage-limits/).