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Property/Casualty » FAQs

Property Casualty FAQ Contents

Boiler Questions

Liability Questions

Renewal Questions

Q.  How do I report an addition of a vehicle to our fleet coverage?
Q.  If the phone system is valued at over $5,000 but does not have individual serial number, how is the information to be reported?
Q.  If the appraisal does not break out signage, lighting or property in the open, is it insured?
Q.  Where does the satellite dish internet connection appear in the renewal application?
Q.  If signage, lighting, and PIO exposures are not broken out in our appraisal are these items still insured?
Q.  Sprinklers – When a building is renovated and the renovated portion has a sprinkling system for fire suppression, how do we designate the building sprinkler status?
Q.  Do we need to have the construction class for leased facilities?
Q.  How do we determine the cost of off-campus buildings?
Q.  If a school district owns a piece of property without any buildings on it, should the address be shown on the Location section for liability coverage?
Q.  Where should copy machines be listed in the Renewal?
Q.  If we want to increase our building cost contents by the rate of inflation, do we do this with the renewal, or does SET SEG do this for us?
Q.  What Information Technology items need to be reported in the renewal?
Q.  How are several buildings on one site with many street addresses handled in the Location schedule?
Q.  Should driver's ed cars be listed on the Vehicle expsoure, even though we return them to the dealers after 3,000 miles.
Q.  Our district has not had an appraisal. Should we use GASB 34 values?
Q.  If we don’t want inland marine coverage on technology equipment, do we need to still complete the Information Technology part of the Renewal?
Q.  Are we required to have inland marine on technology equipment?
Q.  How do you want us to show vacant acreage in the Renewal forms?
Q.  Will the system detect errors in coverage during the renewal process? For example: if something should be $500,000 but it was entered as $5,000.
Q.  Should the number of employees on the Exposure Survey include substitute workers (whether short-term/daily or long-term)?
Q.  What is the advantage of having separate coverage for a/v equipment, athletic equipment, contractor’s equipment, etc. itemized in addition to the basic coverage?

Property Questions

Fleet Questions
415 W. Kalamazoo St. Lansing, MI 48933-2079 Phone 517.482.0871 Toll-Free 1.800.292.5421 Fax 517.492.0883