A building meeting certain standards of fire protection, which is therefore eligible for a reduced rate.
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Premises or other property that meets a particular Insurer’s loss control standards required to earn low premium rates. These properties usually are protected by sprinklers and have better than average construction and occupancy characteristics.
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UK: Risks of the highest quality in terms of physical hazard. Loss prevention measures may include automatic sprinkler systems, haylon systems, water hydrants and fire and smoke alarms addressing both probability and severity of loss. HPR risks benefit from lower premiums.