Insurance coverage for vineyards is restored by the fair trade plan

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Following the successful passage of Senate Bill 11 sponsored by the Farm Bureau

September 3 – Napa, California—On Thursday, the California FAIR Plan, the state’s insurer of last resort, announced it would resume providing basic insurance coverage for wine buildings and commercial personal property not involved in cultivation and cultivation. of grapes and crops.

The FAIR plan previously provided coverage for wineries until it was determined that those risks did not qualify for coverage under the Insurance Code. To address this issue, the FAIR plan supported Senate Bill 11 sponsored by the Farm Bureau, which updated the code to include farms and wineries in commercial coverage, allowing the FAIR plan to take over. writing a specific cover for wineries.

“This announcement is great news and we appreciate FAIR Plan’s commitment to Farm Bureau to resolve our insurance availability crisis – including their efforts on Senate Bill 11,” said Ryan Klobas, Director General of the Napa County Farm Bureau.

“It’s only fitting that wineries that were once covered by the FAIR plan keep it. The move reflects many conversations between Farm Bureau and FAIR Plan to address insufficient insurance coverage for the entire California farming community, including Napa Valley winegrowers. We appreciate this consideration and the continued cooperation with FAIR Plan over the past 18 months, ”said Klobas.

For the FAIR plan announcement, please see their statement below.

Message from the President of the California FAIR Plan

Colleagues and partners:

I am contacting you to inform you that following the passage of Senate Bill 11, the FAIR plan has resumed providing basic insurance coverage for wine buildings and commercial personal property not involved in the cultivation and cultivation of grapes and crops. We recognize the critical need for this blanket and are happy to be able to offer it again, as we simultaneously work to make additional agricultural blankets available.

The FAIR plan previously provided coverage for wineries until it was determined that those risks did not qualify for coverage under the Insurance Code. To address this issue, the FAIR plan supported SB 11 which updated the code to include farms and wineries in commercial coverage, allowing the FAIR plan to resume writing specific wineries coverage. For all winemakers who might have questions about FAIR plan coverage, we encourage them to contact their insurance broker.

In the meantime, the FAIR plan is working diligently with the California Department of Insurance to develop the language of policies, rates, and rules for additional coverage for wineries and farms, all of which require CDI approval and sufficient lead time. to be implemented. We appreciate the patience California farmers have shown while waiting for this blanket, and we look forward to providing that much-needed safety net.

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