What is the Theft Deductible Buy-Down Program?
A supplementary self-insurance program that reduces the deductible for theft, which is normally $1,000 for a forced entry and $5,000 for a non-forced entry. For an annual change of 40 cents per $100 insured, the University will reduce the deductible for forced-entry theft to $250 and for non-forced-entry theft to $1,000. This is an especially useful program for insuring property valued in the low thousands of dollars, such as computers. Use a Request for Insurance Form if you want to start a new policy. Use a Request for Change to Existing Insurance Form if you want to change or cancel an existing policy.
