This insurance program provides coverage to all watercraft that are owned by, leased to, or loaned to the University. This insurance is provided at a cost to the department through the Department of Management Services.
Payment is billed directly to the departments that are participating in the insurance coverage by our office. Rates vary based upon areas of operation, amounts, and types of coverage requested. Any questions related to this matter should be directed to the senior accountant.
The insurance provides coverage of both Hull (property damage) and Protection and Indemnity (P&I). The Hull coverage protects the University against physical damage to the actual vessel and P&I damage protects the University from being responsible for damage or physical injury resulting from accidents involving a University operated vessel. All rates for this insurance are based upon the amount of insurance secured. Please contact the Insurance & Claims Manager with Environmental Health & Safety for any questions related to this insurance at 644-7683.