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To ensure proper insurance coverage, Risk Management Services must be notified of the acquisition or surplus of University property, including buildings, and must report these to the State. This process requires effective communication within the University as well as with the State Property Office and NC Department of Insurance.
North Carolina General Statutes require that all state-owned buildings and contents be insured either through the NC Department of Insurance or the State's insurance broker of record. Failure to report these properties in a timely fashion may jeopardize our insurance coverage.
The University's insurance is part of a master policy issued to The State of North Carolina. We are required to comply with all state policies regarding insurance and vehicle use.
North Carolina General Statutes require that all state-owned buildings and contents be insured either through the NC Department of Insurance or the State's insurance broker of record. Only those insurance coverages offered by the NC Department of Insurance or our insurance broker are available to us.