The cover is as cheap as 20,000 per year for property worth 1 Million WHY YOU NEED A DOMESTIC PACKAGE INSURANCE (DP) Domestic Package Insurance protects your home, the things inside it, and the people around your home. It provides financial protection against unexpected risks that can occur within your residence. A. Your House (Building Structure) This covers the physical structure of your home, provided you are the owner. Protection includes damage caused by risks such as the following: * Flood