Property Coverage

All members participating in the MCIT property and casualty (liability) program receive the following property lines of coverage:

  • Buildings
  • Contents
  • Property in the open
  • Builder’s risk
  • Personal property of others
  • Extra expense
  • Equipment breakdown
  • Drones (by endorsement)
  • Fine arts (by endorsement)
  • K-9
  • Contractor’s equipment
  • Electronic data processing (EDP)
  • Miscellaneous personal property
  • Valuable papers and records
  • Theft, disappearance and destruction

Building walls collapsed around large equipment truck as a result of a storm

Learn More About Property Coverage

General Coverage Summary

Cover of MCIT Coverage Summary booklet for 2024 coverage year

The Coverage Summary guide provides a quick reference for understanding the terms, conditions, limits, definitions and exclusions that govern the all the various lines of MCIT coverage, including:

  • Property, including equipment breakdown, inland marine, valuable papers and records, and money and securities
  • Drone endorsement
  • Liability, including bodily injury and property damage, personal and advertising injury, medical payments, public employees liability, land use defense endorsement, and employee benefits liability
  • Automobile, including liability, physical damage and garagekeepers comprehensive
  • Cyber
  • Employee dishonesty and faithful performance of duty bond
  • Workers’ compensation

Coverage Summary for Agricultural Societies (County Fairs)

Coverage Summary for Agricultural Societies cover pageThis coverage summary highlights the coverage issues most pertinent to operations for agricultural societies or fair boards:

  • Property  such as fencing, ticket booths, bleachers
  • Liability, particularly exclusions for certain activities, such as amusement rides, alcohol sales, spread of communicable disease
  • Garagekeepers comprehensive coverage
  • Cyber coverage, such as payment card industry data security standards noncompliance and misdirected payment fraud
  • Drone endorsement

Woman On Phone In Busy Modern OfficeMembers can contact their assigned risk management consultant to discuss coverage questions or concerns.

The Importance of Property Schedules

A significant factor in ensuring that coverage will respond when a member experiences a loss is having up-to-date property schedules, as well as placing property in the best category for coverage. All members with property coverage have property schedules on file with MCIT.

Schedules detail:

  • The property the entity has covered
  • The line of coverage that applies
  • The limit of coverage available
  • How that property will be valued if damaged or destroyed
  • The per occurrence deductible

MCIT recommends that each member designate a general gatekeeper for notifying MCIT of changes that need to be made to the property schedules.

Make Changes to Schedules

Changes can be made easily at any time by submitting a change form through the  online member portal (access through orange button at top or bottom of page).

Report a Claim

Submit all property claims to MCIT through the member portal (access through orange button at top or bottom of page).