Deductibles

Deductibles might change without prior notice.

The deductible will be determined by the insurance policy terms and conditions in force at the time of loss. We endeavor to keep this page up to date. However, deductibles can change without prior notice. Ask the claims examiner what deductible will apply to a specific claim.   

• $500 per occurrence for physical damage to vehicles  
• $0 per rental vehicle for vehicles rented within the United States when a system-wide rental contract is used; the terms of the system-wide rental contract will determine the deductible
• $5,000 per occurrence for water damage - 90% of claim funded for losses in excess of $50,000
• $5,000 per occurrence for fire
• $1,000 per occurrence for forced-entry theft
• $5,000 per occurrence for non-forced entry theft
• $1,000 per occurrence for university property in transit
• $1,000 per occurrence for most other covered losses 
• $5,000 per occurrence for small boats except racing shells
• $7,500 per occurrence for racing shells
• $1,000 per occurrence except earthquakes and outdoor sculpture & $10,000 per occurrence for earthquakes and outdoor sculpture (each and every loss) for fine art - coverage for the fine art must be requested prior to a loss

If you have any questions contact propertycasualty@ucsc.edu.