Which of the following is not true about the FAIR plan?

Which of the following is not true about the FAIR plan?




a. FAIR means Fair Access to Insurance Requirements


b. It provides property coverage to both residential and farm dwellings


c. It provides basic property coverage to those who have been rejected in the standard market


d. Agents cannot bind FAIR plan coverage



Answer: b. It provides property coverage to both residential and farm dwellings

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