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Frequently Asked Questions

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Browse "Property" Questions
There are 9 questions found in this category:
How do I replace damaged or stolen equipment?
UCAR-owned (titled) equipment/property is insured. Contact the Risk Management and Insurance Office for assistance in placing a claim. The program/division needs to purchase the replacement property and provide the Risk Management and Insurance Office with documentation ......
Not Rated Last Update: 2008-09-18 Views: 1
When new equipment is acquired, must I report it to the Insurance Office to ensure coverage?
UCAR equipment is automatically covered upon acquisition. However, if any item acquired is valued at or over $100,000, please advise the Risk Management and Insurance Office so that it may be ......
Not Rated Last Update: 2008-09-18 Views: 1
What is meant by the statement: "Government-owned property is self-insured"?
Government-owned equipment is replaced using government funds. These replacement costs generally come out of program funds, but the program is free to request replacement funds from the funding agency. Self-insurance is ......
●●●●● Last Update: 2008-09-18 Views: 1
Can my program purchase additional insurance coverage for shipping equipment?
Cost of additional insurance is not chargeable to your program unless prior approval is obtained from the Contracting Officer at the funding agency to which the equipment is titled.  Discretionary funds ......
Not Rated Last Update: 2008-09-18 Views: 1
Will insurance pay all of a Division’s repair/replacement costs after a loss?
Insurance reimburses the cost to repair or replace with like-kind or quality. Every attempt is made to reimburse the Division the costs to put the building/office space back to the condition ......
Not Rated Last Update: 2008-09-18 Views: 1
Is my personal property in my office insured by UCAR?
No. Personal property is just that, personal. Any property owned by an employee or Visitor is their responsibility to insure....
Not Rated Last Update: 2008-09-18 Views: 1
Are building contents automatically insured on UCAR’s Property Policy?
Yes, there is limited coverage for UCAR owned contents. New acquisitions of high dollar value property, whether UCAR-owned or on loan, should be reported to the Risk Management and Insurance office ......
Not Rated Last Update: 2008-09-18 Views: 1
Is UCAR-owned equipment insured no matter the location?
Yes, UCAR-owned property has worldwide coverage....
Not Rated Last Update: 2008-06-23 Views: 1
Can my program purchase additional insurance coverage for government-owned equipment?
Cost of additional insurance is not chargeable to your program, including Indirect Cost Pools, unless prior written approval is obtained from  the Contracting Officer of the funding agency.  You may use discretionary ......
Not Rated Last Update: 2008-06-23 Views: 1

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