What does the FAIR Plan aim to provide?

The FAIR Plan, which stands for Fair Access to Insurance Requirements Plan, is designed specifically to offer fire insurance to individuals and properties that cannot secure coverage through conventional insurance markets. This program exists to help those who may be considered at higher risks or who live in areas that are more prone to hazards and therefore face difficulties in obtaining standard insurance policies.

The objective of the FAIR Plan is not to provide low-cost insurance for all, as the focus is more on accessibility for those facing barriers to obtaining fire insurance rather than simply ensuring low costs. Additionally, it does not provide national coverage that encompasses all types of insurance—its primary aim is specifically linked to fire insurance due to risk factors that make it difficult for certain applicants to find coverage. The plan is also not limited to agricultural activities; its scope covers residential and commercial properties that otherwise struggle to obtain fire insurance.

Thus, the correct answer highlights the primary mission of the FAIR Plan in safeguarding individuals and properties by providing essential fire insurance coverage to those who need it most.