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What types of coverage does a PRP offer?

A PRP offers considerable premium savings to low risk property owners with no difference in coverage.

Under the low cost PRP, there are two types of coverage combinations: building and contents together, and contents-only.

A PRP premium for a residential building and contents ranges from as low as $129 - for $20,000 in building and $8,000 in contents coverage - to $405 - for the maximum $250,000 building and $100,000 contents coverage. Comparable coverage under the Standard X-Zone rated policy would range from $721 to $1,612.

Under the PRP, a residential tenant can get coverage for as low as $49 for $8,000 in contents coverage (all rates as of January 1, 2011).

Back to Frequently Asked Questions: Preferred Risk Policy (PRP) Eligibility Extension