University Insurance Program
The University does not maintain comprehensive and collision insurance on university vehicles. In certain circumstances such as the purchase of vehicles which have a relatively high value combined with a high risk of damage, comprehensive and collision insurance may be desired. In other circumstances such as the lease or loan of a vehicle to the University, the terms of the lease or loan may include the requirement to provide evidence of insurance coverage in the event that the vehicle is damaged or stolen.
When vehicle comprehensive and collision insurance is desired or required, such insurance may be purchased by the University. The cost of the insurance premium as well as the $1,000 per incident deductible is the responsibility of the requesting academic department or administrative unit. There is a limit of insurance of $250,000 on any one vehicle.
An insurance premium quote can be obtained by the office of Risk Management when provided with: