In most cases, fine arts or other items loaned to and taken into the care, custody and control of the University departments can be provided with coverage through the University's Property Insurance Plan.
Personal items belonging to others that are at the University, but where there is no written documentation of being on loan and in the care, custody, or control of the University, are not covered under the University's Property coverage.
For unusual loans, or loans of high value, it is recommended that you contact Rob Wells, Director of Risk Management at (434) 592-6446, early in the planning process.
Written documentation of the loan, loan period, and agreement that the University will cover the item is required for coverage, as explained in more detail in the sections below.
In most cases, fine arts and antiques being loaned to the University can be covered at their appraised or stated value by the University's Property Insurance Plan. You can request coverage by providing the following documentation to the Office of Property & Liability Risk Management at least one week prior to the date coverage is to begin:
In most cases, items other than fine arts and antiques on loan to the University can be covered at their actual cash value by the University's Property Insurance Plan.
You may be contacted to discuss shipping and insurance issues.