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If the camera is lost, stolen, or otherwise damaged, will my parents home owners insurance cover the repair / replacement costs?

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If the camera is lost, stolen, or otherwise damaged, will my parents home owners insurance cover the repair / replacement costs?

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It depends on their policy. You should probably ask your parents to double-check their policy now, or contact their insurance company. The same applies for renter insurance, if you live off-campus. Your Bursar account will still be charged for any damages.

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