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  Preferred Risk

Preferred Risk Policy: a package policy offering nine coverage combinations for both building and contents at a fixed premium. It is available only in the B, C, and X zones Only one building can be insured per policy, and only one policy can be written on each building. It is offered only to the owners of 1-4 family residential buildings.

Coverage Combinations
With Basement/Enclosure Without Basement/Enclosure
Building Contents Premium Building Contents Premium
$20,000 $5,000 $136 $20,000 $5,000 $111
$30,000 $8,000 $162 $30,000 $8,000 $137
$50,000 $12,000 $204 $50,000 $12,000 $179
$75,000 $18,000 $231 $75,000 $18,000 $206
$100,000 $25,000 $262 $100,000 $25,000 $232
$125,000 $30,000 $278 $125,000 $30,000 $248
$150,000 $38,000 $293 $150,000 $38,000 $263
$200,000 $50,000 $330 $200,000 $50,000 $295
$250,000 $60,000 $351 $250,000 $60,000 $316

* As of Oct 1, 2003; Rates are subject to change.

The PRP is not available in the Emergency Program or in Special Flood Hazard Areas.


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