The FAIR Plan, California’s last-resort insurance program for homeowners needing fire coverage, is seeking approval for steep rate hikes averaging 35.8%, though some policyholders could actually see their premiums drop. If approved by the state insurance department, the changes could go into effect as soon as April 1, 2026. In a statement, the FAIR Plan said the overall rate increase is necessary to offset the increasing risk of climate-driven wildfires. “By statute, FAIR Plan rates must be sufficient to pay anticipated claims and expenses,” the plan said in a statement. Balber, the consumer advocate, called on the insurance department to complete its investigation before approving the FAIR Plan’s rate request.