The following scenario could as easily happen at Michigan as the other university cited. Fire at another university resulted in the destruction of afaculty member's lecture notes. The fire department soaked the notes while attacking the fire with a hose stream. The water-soaked documents were irrecoverable. Valuable papers can be insured to a stated value.
Water damage can still occur in the attack of a fire.
There is no assurance that your materials will be protected from fire, smoke or water damage. In many situations, loss can be minimized by duplicating important documents and storing the duplicates off-site or on microfilm or microfiche. To find out more about insurance, contact the Risk Management Office, 764-2200.