Vehicle Type and Owner

Documentation Required for University's Insurance Coverage

Physical Damage

Liability

Uninsured and Under Insured Motorists

Directions for Submission

Response from URM

Additional Remarks

University Owned Vehicles

Titled to the Regents

Provided by University of Colorado
Subject to $1000 deductible

Provided by University of Colorado

Not required

Add to Fleet schedule and letter to URM if needed

If letter requesting confirmation of coverage is submitted to URM, we will respond

Short Term Leased Vehicles

Titled to lessor, signed contract between leasing co. and CU stipulating who provides coverage

Per the contract

Per the contract

Not required

Add to schedule and letter to URM if needed

If letter requesting confirmation of coverage is submitted to URM, we will respond

Rental Vehicles
Using US Bank Visa

Copy of contract

Provided by US Bank Visa

Vehicle owner

Vehicle owner

N/A

N/A

Coverage is provided by VISA & vehicle owner

Rental Vehicles
Using A-Card

Copy of contract

Purchase coverage

Purchase coverage if necessary*

Vehicle owner

N/A

N/A

*In most states it is the law that the vehicle owner provides liability.  Never decline liability coverage

Long Term Leased Vehicles

Titled to lessor, must have signed contract between lessor and lessee stipulating who provides coverage

Per the contract

Per the contract

Not required

Add to schedule and letter to URM if needed

If letter requesting confirmation of coverage is submitted to URM, we will respond

Donated Vehicles

Must be titled to the Regents

Provided by University of Colorado

Provided by University of Colorado

Not required

Add to schedule and letter to URM if needed

If letter requesting confirmation of coverage is submitted to URM, we will respond

Courtesy Cars

Must be titled to the Regents, or a valid contract in place stipulating who provides coverage
Subject to $1000 deductible

Provided by University of Colorado if titled to the Regents, or contract stipulates CU is responsible for insurance

Provided by University of Colorado if titled to the Regents, or contract stipulates CU is responsible for insurance

Not required

Add to auto Schedule and letter to URM if needed

If letter requesting confirmation of coverage is submitted to URM, we will respond

Federal Government Vehicles

Titled to US Government

Provided by US Government

Provided by University of Colorado only when our employee is driving the vehicle

US Government

Add to Schedule and letter to URM if needed

If letter requesting confirmation of coverage is submitted to URM, we will respond

Unlicensed Vehicles (golf carts, tractors, etc.)

Owned by University of Colorado

Damage to unlicensed vehicles is provided under the property policy

Liability provided by University of Colorado General Liability Policy

N/A

None required

N/A

Personal Vehicles

Not covered by CU Policy

N/A

N/A

N/A

None required

N/A