Daily Archives: 09/01/2014

AUSPL Insurance Program Frequently Asked Questions

2014 New Issues: Q. Why has my rents value increased from last year? A. Rent insurance is designed to protect the gross income members receive from their investment. While the insured amount of rent may be accurate for members who have kept rent amounts up to date or only recently joined the Insurance Program, many…

2014 AUSPL Insurance Program Renewal Highlights

1. You may notice a small increase in your premium this year. Although the rate for calculating premiums remained constant, we are required to adjust the building values slightly upward (by 3%) to remain current with increasing repair and construction costs. Using the same rate for calculating premiums but a slightly higher building value means…