standard fire policy jurisdictions (SFP)

Standard fire policy (SFP) jurisdictions have laws requiring that all property policies provide coverage that is at least equivalent to that provided by a standard fire policy. Some SFP states also impose this requirement on commercial inland marine policies, whereas other SFP states do not. Therefore, the SFP states are divided into two groups: SFP states that exempt commercial inland marine coverage from the SFP equivalency requirement and SFP states without a commercial inland marine exemption.