Property Insurance
Answers provided to all the
questions below are general in nature and do not supersede any of the provisions
contained in the
State Owned Building and Personal
Property Agreement, or the Special
Property All Risk Agreement.
How do I file a claim regarding UGA buildings and contents?
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All claims should be filed within 48 hours of the initial
damage. Please contact Vance Silcott at 706-425-3083.
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| Is my own personal property covered by the
State Owned Building and
Personal Property Agreement? |
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The
State Owned Building and Personal
Property Agreement covers buildings and personal property (i.e. contents) owned by the State of Georgia
(BOR/University of Georgia).
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| Are University of Georgia owned buildings and personal property (contents) covered
for damage due to flood and
earthquake? |
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Yes
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| Why is Lightning Affidavit necessary to support a lightning claim?
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Visible lightning is not sufficient to support a claim for
lightning damage. A Lightning Affidavit completed by a certified electrician
is required for reimbursement of a property loss attributed to
lightning.
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| Why is it important to call a disaster service company after a water damage loss?
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DOAS supports the timely water damage responses by agency
personnel; however, DOAS is concerned with the extraction of moisture that often
remains within the interior walls that may cause future damage
if this extraction is not performed by professionals.
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| If computers and laptops that are not secured are stolen, are they covered?
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Mysterious Disappearance is NOT COVERED. Loss due to
mysterious disappearance or theft without visible evidence of forced entry or
forced removal from a security device (e.g. cable lock) is not
reimbursable under the State Owned
Building and Personal Property Agreement. The loss must satisfy the "Burglary" definition in the Agreement in order to be
covered.
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| What should I do if my property is recovered by the police after the burglary claim
has been paid?
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You should contact our office immediately. DOAS Risk Management
will have an adjuster inspect the recovered property and if damaged, determine
its value. If you wish to keep the recovered property, DOAS Risk
Management will negotiate its value and the department will need to reimburse
DOAS/RMS. If you are not interested in keeping the property, DOAS Risk
Management will take possession of the property and attempt to collect as much
as possible for it. Salvage value might also exist in property damaged
by lightning, wind, water, etc. Often, the amount of the repair bill is reduced
by the salvage value of the damaged property.
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| How do I insure property such as laptops, tractors, or any other equipment that may
be taken off campus or
used outside of a campus facility? |
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Equipment that is taken outside or off campus should be insured
under the All Risk policy. Transient coverage also includes "off road type equipment"
that is excluded from the vehicle policy (i.e., backhoe,
golf cart, tractor, etc.). Please contact Vance Silcott for assistance at 706-425-3083.
DOAS Risk Management does require the following information
when Fine Art, Non-State Owned Property and/or Transient Property coverage is
requested: Detailed schedule of each item, description, replacement
cost value, date acquired, original cost new, and location of item (physical
address).
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| An Art Exhibit is scheduled to be held at a preapproved location. The owner of the
exhibit wants us to insure
their artwork. Can insurance be provided? |
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In most situations Insurance and Claims Management can insure
artwork on loan to the University of Georgia, provided our office is notified
ahead of time and furnished with a detailed list of the artwork,
values, exhibit location, type of security and the dates of the exhibit.
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| Didn't find your answer? |
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Contact Vance Silcott at vsilcott@uga.edu or 706-425-3083.
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