University of Iowa Ionwave #18574

University of Iowa Solicits Student Renter's Insurance Program with Web Portal

The University of Iowa is seeking proposals from qualified insurance providers to offer optional renter's insurance to students living in university-owned housing. - Government Buyer: - University of Iowa, Purchasing Office - Products/Services Requested: - Optional renter's insurance packages for student belongings valued at $3,000, $6,000, and $10,000 - Deductible options: $0, $100, $200 - Coverage must include liability for damage to premises and others' belongings - Must cover computer and phone replacement - Optional add-on coverage for e-bikes and scooters - Provision of a university-controlled web portal for students to purchase insurance and manage claims - Direct billing to students (not the university) - Notable Requirements: - Supplier must provide the web portal at their own expense - Insurance must be tailored for a student population (coverage levels, deductibles) - Supplier must submit audited financial statements - Contract term is one year, with up to four one-year extensions - No specific OEMs or insurance carriers are named in the solicitation

Description

The University of Iowa located in Iowa City, Iowa, is seeking written proposals from qualified suppliers to provide optional Renter's Insurance to students living in University-owned housing. The insurance should be offered directly to students through a University-controlled website portal, with the link provided at the supplier's expense. Coverage must include liability for damage to premises and others' belongings, including computer and phone replacement, with optional coverage for e-bikes and scooters available for purchase. Suppliers are cautioned to allow ample time for submission, and bids must be submitted via the eBid system.

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