PLOhioeasy
A homeowner in Cleveland with an Ohio FAIR Plan dwelling policy suffers a basement flood from an overflowing Cuyahoga River tributary. Where does coverage primarily come from?
AOhio FAIR Plan basic dwelling coverage
The NFIP, since the FAIR Plan does not cover flood
CThe OIGA, since it covers flood claims denied by the FAIR Plan
DThe Ohio Standard Fire Policy under R.C. 3929.27, because river overflow is treated as a fire peril
Why this is the answer
The Ohio FAIR Plan's standard form excludes flood, just like a voluntary-market homeowners policy. An Ohio insured needing flood protection must purchase an NFIP policy or a private equivalent. OIGA only steps in when a member insurer is insolvent, and the Ohio Standard Fire Policy form does not cover flood either.
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