What Does Highly Protected Risk Property Mean?

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What does Highly Protected Risk Property mean? Read on to discover the definition & meaning of the term Highly Protected Risk Property - to help you better understand the language used in insurance policies.

Highly Protected Risk Property

Highly Protected Risk Property

Property that is judged to be subject to a much lower than normal probability of loss by virtue of low hazard occupancy or property type, superior construction, special fire protection equipment and procedures, and management commitment to loss prevention. Insurers that specialize in insuring HPR property are referred to as "HPR insurers."

We hope the you have a better understanding of the meaning of Highly Protected Risk Property.

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