Property Insurance Overview
The University’s insurance program through the State of Idaho includes property coverage. Within each tab you will be able to better understand frequently asked questions and how to implement some tips for loss prevention.
Coverage is provided for University property including University-owned buildings and contents. Typically, claims are covered for risk of fire, water, weather, and theft. Examples of excluded perils include, but are not limited to, fraudulent or dishonest acts committed by employees, the cost of correcting defective design or faulty workmanship, ordinary wear and tear, and poor maintenance.
Note: If property damage or loss occurs, a $100 (Inland Marine), $2,500 (Major Property) or $5,000 (Mechanical/Electrical Equipment Breakdown) deductible may apply.