Oregon Fair Plan Association
Oregon Fair Plan Association is a Beaverton, Oregon non-profit insurance association, created by state statute in 1971, that provides basic Named Peril property insurance as the market of last resort for Oregon property owners unable to secure coverage through standard carriers.
- Company typePrivate
- Founded1971
- HeadquartersBeaverton, United States
- Headcount11–50
- GTM typeB2C
- OfferingServices
What Oregon Fair Plan Association does
Oregon Fair Plan Association (OFPA) is a Beaverton, Oregon-based non-profit insurance association created in 1971 by the Oregon Legislature under ORS 735.005 to 735.145 to serve as the state's property insurance market of last resort. Every property insurer licensed to write property insurance in Oregon is required to be a member, and the association is supported entirely by member company assessments rather than tax dollars. OFPA provides basic Named Peril property insurance coverage on standard ISO forms (DP-00-01 for dwellings and mobile homes, FP-00-12/14 for farm property, CP-00-99 for commercial buildings) to property owners who have been unable to secure coverage through standard markets, with maximum limits of $600,000 for dwelling/farm risks and $1,000,000 for commercial risks. Coverage is distributed exclusively through Oregon-licensed property and casualty agents, who receive a 10% commission on collected premiums.
OFPA operates a small administrative organization (11-50 employees) using a new Finys-based policy administration platform alongside a legacy Beyontec system that is being phased out with full migration targeted by 2027. Agents access both systems to quote, bind, service, and claim on policies. The product portfolio is supplemented by facultative reinsurance for higher-limit risks and, as of 2024, by a wrap-around DIC (Differences in Conditions) coverage program offered in partnership with Access One80 and Hamilton Insurance DAC, which allows agents to combine an OFPA DP-1 policy with an HO-3 wrap from Hamilton to add liability and excluded perils. Claims are handled by independent local adjusters on an Actual Cash Value basis.
OFPA's revenue model is purely premium-based: it collects recurring premiums on dwelling, farm, mobile home, and commercial policies, with all profits and losses flowing to member companies. Pricing is subscription-style with monthly agent commission billing, a $125 policy writing minimum premium, and a 15% general rate increase effective June 1, 2023 — the first rate change since 2015. Marketing is conducted through the orfairplan.com website, the licensed agent channel, and direct outreach to property owners cancelled or non-renewed by standard carriers.
Oregon Fair Plan Association firmographics
Firmographics- Name
- Oregon Fair Plan Association
- Legal name
- Oregon Fair Plan Association
- Website
- https://orfairplan.com
- Company type
- Private
- Founded year
- 1971
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Oregon Fair Plan Association is a Beaverton, Oregon non-profit insurance association, created by state statute in 1971, that provides basic Named Peril property insurance as the market of last resort for Oregon property owners unable to secure coverage through standard carriers.
- Ownership category
- akta.pro rank
Oregon Fair Plan Association industry classification
Industry- Product category
- Property Insurance (Market of Last Resort)
- NAICS
- Direct Property and Casualty Insurance Carriers (524126)
- SIC
- Fire, Marine & Casualty Insurance (6331)
- akta.pro primary industry
- Landlord / Dwelling Fire (DP) Insurance (FSAJACAD)
- akta.pro secondary industry
- Earthquake & Difference-in-Conditions (DIC) Property Insurance (FSAJACAH)
Keywords
Where Oregon Fair Plan Association is headquartered
LocationHeadquarters
- HQ city
- Beaverton
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Oregon Fair Plan Association business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Operations, Personnel, Others, Marketing or Sales, Infrastructure
Revenue model
- Property Insurance Premiums: The OFPA collects insurance premiums from property owners for basic Named Peril coverage on dwellings, farms, mobile homes, and commercial properties. Revenue is generated through policy premiums with no tax dollars received from state or federal government.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Agent commission - 10% on all new and renewal policies |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Oregon Fair Plan Association product offering
Product offeringCore offering
Oregon Fair Plan Association underwrites and issues basic Named Peril property insurance as a market of last resort for Oregon property owners who cannot secure coverage in the voluntary market. Core offerings are four ISO-form policy lines: Dwelling (DP-00-01), Mobile/Manufactured Home (DP-00-01), Commercial Building (CP-00-99), and Farm Property (FP-00-12/14). A wrap-around DIC product is also made available through a partnership with AccessOne80 and Hamilton Insurance DAC.
Product overview
The Oregon FAIR Plan Association is a non-profit insurance pool offering basic Named Peril property insurance coverage as a market of last resort. The core product portfolio consists of four insurance lines: Dwelling Insurance (DP-00-01), Mobile Home Insurance (DP-00-01), Commercial Property Insurance (CP-00-99), and Farm Insurance (FP-00-12/14). These are basic, limited-coverage policies that do not include liability, theft, or replacement cost coverage. The offering is supplemented by a Wrap Policies program through AccessOne80 partnership providing DIC coverage to 'wrap' basic FAIR Plan coverage into more comprehensive HO-3 policies. Agents access the market through two platforms: a new FINYS-based Online Agent Portal for quotes, applications, claims, and policy management; and a Legacy Beyontec system being phased out by 2027. Facultative Reinsurance is available for high-value properties exceeding standard limits.
Differentiator
Problem solved
Functional benefit
Products and services
- Dwelling Insurance Basic Named Peril coverage under the ISO DP-00-01 form for owner-occupied or rented dwellings designed for 1-4 families. Maximum coverage limit of $600,000, written through licensed Oregon insurance agents for property owners unable to obtain voluntary market coverage.
- Mobile Home Insurance Basic Named Peril coverage under the ISO DP-00-01 form for manufactured and mobile homes of any age in all protection classes. Minimum limit $1,000, maximum coverage limit of $600,000, available to owners unable to obtain coverage in the voluntary market.
- Commercial Property Insurance Basic Named Peril coverage under the ISO CP-00-99 form for commercial buildings including retail, mercantile, and apartment buildings. Manufacturing risks are not eligible. Maximum coverage limit of $1,000,000.
- Farm Insurance Coverage under ISO FP-00-12 and FP-00-14 forms for farm dwellings, personal property, appurtenant structures, farm buildings, and limited farm property including grain, hay, equipment, and farm products. Maximum coverage limit of $600,000.
- Wrap Policies (DIC Coverage)
Companies that use Oregon Fair Plan Association
Customer profileNamed customers5 records
Segments5 records
Ideal customer profiles3 records
Oregon Fair Plan Association technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Oregon Fair Plan Association partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- Access One80coreAccess One80 provides wrap-around coverage options for OFPA policyholders who need more comprehensive protection. The partnership offers DIC (Differences in Conditions) coverage through Hamilton Insurance DAC, allowing agents to wrap OFPA's basic DP-1 coverage into a more comprehensive HO-3 policy including liability coverage.
- Hamilton Insurance DACcoreNon-admitted surplus lines carrier approved to transact in Oregon. Part of the Surplus Lines Association. Writes wrap-around HO-3 policies that match OFPA coverage limits and add liability and other coverage excluded by the FAIR Plan.
- One80 Intermediaries InccoreProgram administrator for the wrap-around coverage partnership. Agents must get appointed with One80 Intermediaries to write policies with Hamilton Insurance DAC. Requires active E&O policy and good standing with Oregon.
Scale indicators3 records
Recent moves5 records
Expansion highlights4 records
Oregon Fair Plan Association competitors and assessment
Company assessmentDirect peers
- Citizens Property Insurance Corporation: Florida's state-created residual property insurance mechanism. Like OFPA, it serves as the property insurer of last resort, written through independent agents, and has grown materially as voluntary carriers retrenched from Florida catastrophe exposure — a direct analog to OFPA's Oregon mandate.
- Massachusetts Property Insurance Underwriting Association: Massachusetts' FAIR Plan-equivalent residual property insurance association. Like OFPA, it provides basic property coverage to owners unable to obtain insurance voluntarily and is supported by mandatory assessments on licensed property insurers.
- New Jersey FAIR Plan: New Jersey's residual-market property insurance association. Provides basic property coverage to New Jersey property owners unable to obtain insurance in the voluntary market through licensed producers, structured identically to OFPA's Oregon mandate.
- New York Property Insurance Underwriting Association: New York's statutory residual property insurance mechanism. Functions as the last-resort property insurer analogous to OFPA, with similar basic-peril coverage scope and licensed-agent distribution model.
- North Carolina Insurance Underwriting Association: North Carolina's coastal "Beach Plan" residual market for wind and hail coverage on coastal properties. Operates under a state-statutory last-resort model mirroring OFPA's structure, including mandatory carrier participation and assessment-backed funding.
- Louisiana Citizens Property Insurance Corporation: Louisiana's state-created residual-market property insurer. Like OFPA, it is a non-profit mechanism offering basic property coverage when voluntary carriers decline risk; concentrated in a single state with similar catastrophe-driven demand cyclicality.
- California FAIR Plan Association: California's property insurance market-of-last-resort association. Operates under a near-identical statutory model to OFPA, providing basic fire and extended coverage to homeowners unable to obtain insurance in the voluntary market, with comparable agent distribution and basic-peril coverage gaps.
- Texas FAIR Plan Association: Texas's property insurance residual market association serving high-risk property owners unable to obtain coverage in the voluntary market. Operates under the same basic-peril, last-resort framework as OFPA, distributing through licensed Texas agents.
Regional players
- Washington FAIR Plan: Washington state's FAIR Plan association. Directly analogous in product, structure, and statutory basis to OFPA, serving the neighboring Pacific Northwest market with similar wildfire and catastrophe exposure dynamics — the closest geographic comparable to OFPA.
Others
- National Fair Plan Alliance: Industry association representing the network of state FAIR Plans and residual-market property insurance mechanisms across the United States, including OFPA. Provides coordination, advocacy, and best-practice sharing across state FAIR Plans — relevant as an ecosystem association rather than a competitor.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights7 records
Customer concentration
Oregon Fair Plan Association social profiles
Digital presenceOregon Fair Plan Association financial estimates
Financial estimateRevenue estimate
Valuation estimate
Oregon Fair Plan Association leadership team
Management profileNumber of profiles
Profiles1 record
Oregon Fair Plan Association funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Oregon Fair Plan Association M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Oregon Fair Plan Association
What does Oregon Fair Plan Association do?
Oregon Fair Plan Association underwrites and issues basic Named Peril property insurance as a market of last resort for Oregon property owners who cannot secure coverage in the voluntary market. Core offerings are four ISO-form policy lines: Dwelling (DP-00-01), Mobile/Manufactured Home (DP-00-01), Commercial Building (CP-00-99), and Farm Property (FP-00-12/14). A wrap-around DIC product is also made available through a partnership with AccessOne80 and Hamilton Insurance DAC.
Is Oregon Fair Plan Association a public or private company?
Oregon Fair Plan Association is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Oregon Fair Plan Association founded?
Oregon Fair Plan Association was founded in 1971. It employs 11 to 50 people.
Where is Oregon Fair Plan Association based?
Oregon Fair Plan Association is headquartered in Beaverton, United States, in the North America region.
How does Oregon Fair Plan Association make money?
One revenue line is on record: property Insurance Premiums.
Who are Oregon Fair Plan Association's main competitors?
Direct peers on record are Citizens Property Insurance Corporation, Massachusetts Property Insurance Underwriting Association, New Jersey FAIR Plan, New York Property Insurance Underwriting Association, North Carolina Insurance Underwriting Association, Louisiana Citizens Property Insurance Corporation, California FAIR Plan Association and Texas FAIR Plan Association. Washington FAIR Plan is listed as a regional player. National Fair Plan Alliance is listed as an others.
Does Oregon Fair Plan Association have an API?
No public API is recorded for Oregon Fair Plan Association.
What industry is Oregon Fair Plan Association in?
Oregon Fair Plan Association's product category is Property Insurance (Market of Last Resort). Its primary akta.pro industry code is FSAJACAD, Landlord / Dwelling Fire (DP) Insurance, with a secondary code of FSAJACAH, Earthquake & Difference-in-Conditions (DIC) Property Insurance. Its NAICS code is 524126 and its SIC code is 6331.