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Move
Plus Relocation Service provides two valuation coverage levels
pursuant to the orders that govern our industry for local moving.
Limited Liability Valuation Coverage (A), and replacement Valuation
Coverage with a $250.00 deductible (B) are both explained in detail
below. Please be sure to read and understand them in entirety
so that you may be fully informed prior to your moving experience.
Important Note: Valuation coverage is not
insurance.
Valuation is a tariff level of carrier liability in the event
of the loss of damage of your goods while under due course of
transit by Move Plus Relocation Service. This type of coverage
is unique to carriers alone and therefore it is important for
the customer to understand what valuation does and does not cover.
The
coverage (Option A & Option B) afforded thereunder does not
apply to:
-
Loss of damage consisting of breakage to fragile items, such
as china, glassware, etc., unless packed and unpacked by Move
Plus, or unless caused directly by fire, theft, collision, or
overturn of transport vehicle.
-
Any article of extraordinary (unusual) nature or value, unless
a special agreement has been stipulated to do so. Including
but not limited to; jewelry, furs, stocks, bonds, cash, antiques,
and art collections.
- Loss
or damage resulting from wear and tear, moths or vermin, dampness
of atmosphere or extremes of temperature.
- Internal
electronic or mechanical items, whether packed or unpacked by
Move Plus or the shipper.
- Hostile
warlike actions, or acts arising from riots, civil commotion,
strikes, or labor disturbances.
- Acts
of God (earthquake, flood, tornado, etc.)
- Acts
of omission of the shipper; such as neglecting to prepare for
time of shipment or improperly packing the goods.
OPTION
A - LIMITED LIABILITY
As a license carrier in the State of California we are required
to provide a limited liability coverage at no charge. Under this
option the maximum liability of the carrier is limited to $.60
per pound per article, in the event of damage of loss.
Example: If an item weighing 20 lbs. was lost or damaged, the
carrier would be liable to the customer for $12.00 (20lbs. x $.60).
OPTION
B - REPLACEMENT VALUE COVERAGE WITH A $250.00 DEDUCTIBLE
Replacement value coverage will provide repair, replacement, or
reimbursement in the event of damage or loss over $250. deductible.
The shipper will assume responsibility for the first $250.00 of
any claim, and Move Plus will assume responsibility for its' excess.
If the damage occurs within our custody, we will pay the cost
of repairs, or the replacement of a similar article. If the item
cannot be repaired or replaced, Move Plus will reimburse for the
actual cash value of the article.
The
charge for this option requires a coverage value of a minimum
of $20. per cubic foot of volume, which must be purchased. Your
sales person will calculate this for you.
Example: If the goods to be moved total 200 cubic ft., at the
rate of $20. per cubic ft. the minimum amount to be covered is
$4000. To purchase coverage for $4000 at the rate of $10 per $1000
of declared value, the charge would be $40 to the customer (4
x $10).
Please Note: Although the minimum is necessary to purchase additional
coverage, it may not be all you need. It is the customers' responsibility
to choose the proper amount of coverage. If the full coverage
is not taken a penalty will be incurred based on the ratio between
actual cash value and coverage purchased.
Example: If $20,000 worth of goods were moved, yet only $10,000
of coverage was purchased, the payment for any damages would be
adjusted downward by one-half (10,000 / 20,000).
All
customers must select either OPTION A or OPTION B valuation coverage
on the day of the move. Your choice will be written your handwriting
on the Bill of Lading prior to loading. Remember you cannot change
the valuation coverage you have selected once the loading process
has begun. |