About Us

History and Purpose

Michigan Basic Property Insurance Association (“the Association”) was organized under the provisions of Act 262 of the Michigan Public Acts of 1968, which is included in chapter 29 of the Michigan Insurance code.

The Association commenced business on October 21, 1968. It is a Fair Access to Insurance Requirements (FAIR) plan. The FAIR plans were a result of the Federal Omnibus Housing Bill, passed on August 1, 1968. The Omnibus Bill passed by the Federal Government provided for riot reinsurance if insurance companies would join together in statewide pools to offer basic property insurance to those who were ineligible in the voluntary market. The Bill gave the responsibility of the formation of FAIR Plans and their operations to the individual states.

The Association’s members are all insurance companies writing similar insurance coverages in the state of Michigan and are subject to pro rata annual assessments to fun operating deficits.

The Association is a not-for-profit organization.

Privacy Policy

​​At the Michigan Basic Property Insurance Association, trust forms the foundation of every customer relationship we build. We appreciate that you've chosen to work with us, and we value this partnership immensely. Rest assured, we take the utmost care in safeguarding the information you've shared with us. Our dedicated team at the Association is committed to protecting the privacy of your personal information that is not publicly available. We collect and maintain information about you to ensure that you have the best and most convenient access to our insurance products and services. It's important to us that you understand what information we gather, how we use it, and the measures we take to keep it secure.

What Information We Collect

"Nonpublic personal information" is information about you that we obtain in connection with providing an insurance product or customer service. We may collect nonpublic personal information about you from the following sources:

  • Information that you provide to us on applications, surveys, online registrations or other forms.
  • Information about your transactions with us, or others. It includes your insurance coverage selections and premiums, payment and claims history, and information necessary for billing and payment. It may also include additional information used to adjust, investigate, and settle insurance claims.
  • Information we receive from a consumer reporting agency used to confirm or supplement application information, and information from others, such as credit bureaus, retailers, IRS, and other third parties.
  • Information includes account balance, income, assets, insurance history and tax reports.

What Information We Disclose and To Whom We Disclose It

The Association does not disclose any nonpublic information about you to any third parties without your express consent, except as indicated herein and as permitted by state and federal law. We may disclose the nonpublic personal information we collect, as described above, to persons or companies that perform services on our behalf and to other insurance or law enforcement institutions as permitted by law. The confidentiality of your nonpublic personal information will continue to be maintained consistent with this privacy notice even if you decide, or when you otherwise cease to do business with us.