Saint Louis University secures property insurance to cover the loss of the physical buildings and contents.
University departments must implement and maintain appropriate safeguards to prevent the loss, damage, and/or theft of university equipment. This requires attention to see that doors, windows, cabinets, and desks are locked, vehicles are operated in a safe manner, equipment is physically secured, and the SLU Department of Public Safety is notified immediately when appropriate. A current inventory of office, labs and classroom items is also highly suggested in the event of a claim.
- Where a department has suffered a loss by a natural event or accident and has taken reasonable efforts to prevent the loss or damages, the Department of Risk Management may assist with repairs or reimbursement subject to depreciation and investigation of a claim.
- If a department has experienced theft of equipment, an investigation will be needed to determine compensability. To file a theft or loss, please fill out the Damage and/or Theft Report.
- Risk Management does not reimburse departments for computers or any type of portable device.
- For any type of reimbursement, all departments are subject first to a $1,500 deductible. If a department has two or more claims in a fiscal year, the deductible will be raised to $2,500.
Personal Property Protection
The University does not insure the personal property of its faculty, staff, students, volunteers or guests. Claims associated with personal property theft or damage will not be covered by the University's insurance, including claims related to laptops, computers and electronic devices. It is expected that these items are insured through the individuals’ homeowner's insurance policy which is a primary source of compensation for all losses.