Individuals should note the following categories of insurance coverage for equipment:

Equipment Housed On Campus
Equipment housed on campus is covered under the College’s general insurance policy as long as it remains on campus. No additional insurance is required unless the equipment has an unusually high value, would be subject to damage from unusual causes, or would, by its nature, be very sensitive or easily damaged.

Equipment Housed Off Campus
Equipment purchased with grant funds but used off-campus may require supplemental coverage. Individuals should contact the physical plant office prior to proposal submission in order to determine the amount and cost of supplemental insurance. Supplemental insurance should be written into the grant budget when allowed by the funding agency.

Privately Owned Equipment
Equipment purchased with grants awarded to individuals is considered personal property and technically does not qualify for coverage under the College’s insurance policy. Individuals are encouraged to consult with their personal insurance company agent to verify coverage of privately owned research equipment.