What is my department’s financial responsibility in the event of loss or damage to state property or vehicles? Post author By Mason Webmaster Post date July 17, 2013 The department that owns or operates the property or vehicle is responsible for the damage and comprehensive deductible of $1,000 per occurrence. ← Is there insurance reimbursement for personal property that is lost, stolen, or damaged while being used for University business? → Is it necessary to purchase the exact same item (model) as was damaged/stolen?