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- Total cost of the rental equipment to be insured must be over $2,500, because insurance deductible is $2,500 per occurrence. The deductible is what you will owe if you have a loss, theft, or damage covered by the policy.
- If you are bundling lease equipment with college-owned equipment and the total cost of all the equipment is over $2,500 deductible, provide reservation number you received from the Equipment Checkout System.
- A contract/lease agreement specifying the insurance obligations is required.
- No temporary insurance coverage on equipment leased from an individual.
- No temporary insurance coverage on individual owned equipment.
- You must be a graduate student working on your pre-thesis or your thesis film or an undergraduate student enrolled in an undergraduate thesis class only.
- Lease equipment must be used on your student film project for academic credit in an UT Austin RTF class.
- You are responsible for the cost of insuring lease equipment. The cost will be posted to your What I Owe.
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