APS Home
Risk Management Department
Insurance
Property Insurance
Insurance is available to assist schools and departments with replacing damaged
or stolen equipment.

To file a claim:
1. Call police if a crime was involved.
2. Notify Risk Management within 72 hours. Submit APS Property Loss Report form.
3. Notify Capital Outlay if loss or damage involves property or equipment listed on
the location's fixed asset inventory.
4. Replacement of building contents is subject to a $1,000 loss deductible.

Equipment on Loan:
While APS equipment is on loan to an employee, it is assumed to be under their
personal care and control. For this reason the employee assumes full responsibility
for any loss or damage.

In order to assist in meeting this financial responsibility, employees borrowing APS
equipment are strongly encouraged to obtain personal insurance coverage on the
equipment while in their possession.

The cost to repair or replace damaged or lost equipment may be deducted from the
employee's paycheck.

Click here for a copy of the Equipment Check-out Loan Agreement Form (AD-70)

Personal Property Loss:
The district replaces employee personal property only under these conditions:
1. The property was approved for instructional use by the principal.
2. The approval was in writing and on file with the principal
prior to the loss.

There is no insurance available for other personal or private property.
View and print
Adobe PDF files.
Free Adobe
Reader® software
lets anyone view
and print Adobe
PDF files.

Albuquerque Public Schools - Risk Management Department
3315 Louisiana Boulevard NE - Albuquerque, New Mexico 87110
Telephone: (505) 880-8249 ext. 315 - Fax: (505) 881-2309