KalshiPolitics
Will New Mexico expand its FAIR Plan?
Before Aug 1, 2027
Ends Aug 1, 2027
Bet NowDisclosure
18+ only. Event contracts carry significant risk and are not suitable for everyone, you can lose the entire amount you commit. Not available in all jurisdictions; restrictions and eligibility requirements apply.
- Yes36 VOL.——
Rules Summary
If legislation expressly setting or requiring dwelling coverage of at least $500,000 under the FAIR Plan Act or a successor state residual property insurance mechanism, or appropriating at least $10 million in state funds as a premium subsidy or catastrophe backstop for residential wildfire insurance is enacted in New Mexico before Aug 1, 2027, then the market resolves to Yes.
Timeline and Payout
- Opened
- Aug 17, 2026, 7:45 PM
- Closes
- Aug 1, 2027, 3:59 AM
- Pays out
- 0.5 hours after close
Series KXLOCALLAW · Event KXLOCALLAW-NMFAIR-27AUG01 · Market KXLOCALLAW-NMFAIR-27AUG01