Indiana University

Office of Risk Management

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Deductibles and Contributions

Effective July 1, 2000 the following deductibles and contributions are in effect:

Computer except laptops (and related equipment) losses due to theft, vandalism, mysterious disappearance and related perils $1,000 per incident
Laptop computer (and related equipment) losses due to theft, vandalism, mysterious disappearance and related perils $1,000 per computer
unless you install the Absolute software which can be pre-installed on Dell Computers purchased through TOPS WEB or through other resellers. Contact Purchasing for additional information. With Absolute installed the deductible is $100.
Employee bond $1,000
Crime (e.g., burglary, theft) $1,000
Repeated losses 10% - 50% of the loss
subject to a $500 minimum, $10,000 maximum
Unreasonable losses 10% of the loss
Subject to a $500 minimum, $10,000 maximum
Auto comprehensive (glass breakage, etc.) $50
Collision damage (excluding busses) $100
(higher deductibles for repeated chargeable accidents - see Accidents & Cost Allocation)
Collision loss - busses $1,000
Unreported collision losses
More than 10 days has elapsed since the
damge occurred, or it is not known when it occurred
150% of the normal deductible
D&O / School Board Liability losses
E.g., EEOC claims
20% of the claim, including expenses
subject to a $1,000 minimum, $100,000 maximum
wages are not covered.
Property losses not described above are covered with a $1,000 threshold. I.e., losses under $1,001 are the responsibility of the department; covered losses over $1,000 are covered without deductible.

Note: All amounts shown are deductibles except for the description of a threshold in the last entry.


Last updated: 20-Mar-2003


Indiana University
Office of Risk Management
400 E. 7th Street Room 705, Bloomington, IN 47405
812-855-9758 FAX 812-855-9320
A division of the Office of the Vice President and Chief Financial Officer

Last updated: 22-July-2009
Comments: Webmaster
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