Northwestern University maintains a combination of self- and commercial insurance that will pay for the repair or replacement of University-owned property that is damaged or lost, subject to a 10% deductible. The minimum deductible is $500.00 ($1,000 for electronics) for each insurable loss (examples of exclusions include normal wear and tear, improper disposal of hazardous waste, war and nuclear contamination). No deductible will be charged when the loss results from a criminal act that includes forced entry to the premises from which property is removed. All thefts from vehicles, however, are subject to deductibles. It is important to note that insurance provided by the University only covers University-owned property. Property owned by faculty, staff and students must be covered by the owner of the property. The University bears no responsibility for property it does not own.