Members Only: Group Dividend Insurance Program
AASPI has entered into partnership with United Fire Group (UFG) to provide a broad base shop insurance coverage with preferred pricing for AASPI members. UFG will apply a special AASPI package modification factor that is lower than our their regular modification factor automotive repair shops. It has been filed with the Illinois Department of Insurance under the name of AASPI Commercial Package Policy Modification.
UFG will pay an all-eligible-lines safety group dividend based on the results of the group. All-eligible-lines safety group dividends are rare in the insurance business, giving AASPI members the opportunity to earn back a portion of their premium with their safety efforts. An 8.0% dividend was issued after the first year of offering this member benefit to participating shops! Included coverage includes 14 property coverages; 4 liability coverage areas; and 4 crime related claim coverage. Endorsements include GaragePro® Property Extension endorsement, Broadened definition of covered autos under garage keepers and glass. Over 30 different property coverages are included in GaragePro® at no additional cost. All this available through your local area agent! For a no obligation review and quote of your insurance needs contact AASPI.