Coverage
The University maintains property insurance for University-owned property while on the campus or at approved locations away from campus. Property insurance covers accidental damage from causes including fire, windstorm, water from broken pipes, and other perils. Insurance covers both damage to the building structure as well as contents such as furniture, laboratory equipment, computing equipment, books, supplies and similar property. All decisions are made as they apply to our blanket insurance policy. Decisions regarding repair or replacement of damaged property are made jointly between University departments and the Office of Risk Management. Additional detail regarding the property insurance coverage is available by contacting our office.
Deductible
Reimbursements are subject to a deductible of 10 percent, with a minimum deductible of $500 and maximum of $2,000.
Important Exclusions
Some recovery may be excluded by the University's property insurance policy. Important exclusions include, but are not limited to:
- Money
- Software and data
- Personal property of employees and students
- Deterioration or wear and tear
- Mold
Claims Reporting
To file a property insurance claim, please follow the University's claims reporting requirements.