How do other institutions that have a $5,000.00 capitalization threshold handle their insurance issues for this class of equipment?
Review of insurance practices from other universities indicates departmental deductible responsibilities ranging from $1,000 to $5,000. At this point in time, we expect to hold the CMU departmental deductible to $250.00 for FY07 while relying on recordkeeping of participating organizations provided to Risk Management.
