​A yearly PRP can be obtained for as low as $129 ($20,000 in building and $8,000 in contents coverage) – to as high as $405 (maximum $250,000 building and $100,000 contents coverage). After the two policy years of PRP coverage ends, the insured structure can be “grandfathered” into the lower cost standard-rated policy for Flood Zone X.  Although policy costs will vary case by case, a standard-rated Flood Zone X policy can range to a yearly high of $1,717 for the maximum building and contents coverage.  In some cases flood insurance can cost less than a standard-rated Flood Zone X policy if the elevation of the insured structure is higher than the floodplain elevation.