The present paper proposes a switching control scheme for a plant with multiple sensor–estimator/control–actuator pairs. The scheme is shown to handle the specific stability problems originated by the switching between the different feedback loops and accommodate to faults in the measurement (sensors) channels. The main contribution is a fault tolerant switching scheme with stability guarantees assured by a pre-imposed dwell time. The detection and the fault tolerance capabilities are achieved through the separation of sets associated with suitable residual signals corresponding to healthy and faulty functioning. Another contribution of the paper resides in a recovery technique for the post-fault reintegration of the biased estimations. This technique makes use of a virtual sensor whose associated estimation, based on an optimization procedure, minimizes the recovery time.