Coverage
The University maintains insurance covering fine arts owned by or on loan to the University. Fine arts insurance covers the risk of damage sustained by high-valued pieces of art, including paintings, sculptures, rare books and other types of art. The insurance assists with the costs of restoring the damaged art back to the original condition.
Deductible
No deductible applies to damages for loaned items. A $1,000 deductible applies for owned works .
Costs
There may be a small premium associated with insuring your work. Risk Management will provide a cost estimate upon enrolling in the coverage.
Important Exclusions
Fine arts insurance does not cover personal art owned by faculty, students or staff, even if kept within University owned property.
Claim Reporting
To file an insurance claim, please follow the University's claims reporting requirements.