The University does not assume responsibility for loss or damage to personal property while living in university residence halls or apartments.
After determining what it would cost to replace your more expensive belongings, check to see if your family homeowner's insurance would cover the loss. Be sure to check the deductibles (what you are responsible for paying before the insurance company will pay). These tend to be $500-$1,000 and it may not cover certain types of loss like, breakage, accidental damage, flood, water/sewer backup, etc. and may have restrictions on certain types of property like electronics.
To help with your choice, The University of Tennessee System has made arrangements with Arthur J. Gallagher & Co. to offer specialized student property protection. Special provisions and benefits of their policy include:
- Replacement Cost Valuation
- Accidental Damage
- Flood and Earthquake coverage
- Theft and Burglary
- Water Damage
- Low Deductibles starting at $25
- Worldwide Coverage
- Limited Identity Theft Expense Coverage
- Premiums as low as $69 annually
You can also add Liability Coverage to your policy for only $42.12 a year. This will cover you if you damage your room and the University asks for you to pay for damages or in the event another student sues you for damaging their property in the event of a loss.
For more information visit UT System Risk Management Website