PLOhioeasy
What is the primary purpose of the Ohio FAIR Plan under R.C. 3929.43?
ATo replace the National Flood Insurance Program for Ohio residents seeking federally backed flood coverage in flood zones
BTo reimburse auto bodily injury claims exceeding statutory limits through the Ohio Insurance Guaranty Association
CTo insure state-owned buildings against tornado damage
To provide basic property insurance to Ohio applicants who cannot obtain coverage in the voluntary market
Why this is the answer
R.C. 3929.43 authorizes the Ohio FAIR Plan as the state's Fair Access to Insurance Requirements residual property market. It exists for applicants — typically in urban, high-risk, or declination-prone neighborhoods — who have been refused coverage by voluntary insurers. The Plan writes basic perils on dwellings and certain commercial property. It is not a flood program (NFIP fills that role), it is not a guaranty fund (OIGA fills that role), and it does not insure state property.
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