Preferred Risk Policy (PRP) 1
Preferred Risk Policy (PRP) 1 :
"The Preferred Risk Policy (PRP) offers low-cost coverage to owners and tenants of eligible buildings located in the moderate-risk B, C, and X Zones in NFIP Regular Program communities". The Preferred Risk Policy covers one- to four-family buildings. (FEMA, Preferred Risk Flood Insurance - A Smart Buy, 2003)
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