• Yes, but how much protection and its cost to you depend upon the “valuation” program you choose.
  • The valuation option you select determines the basis for your claim, how it will be settled, and establishes how much you will be reimbursed. The liability for loss or damage is based upon applicable tariffs and federal laws and regulations and has certain limitations and exclusions. Valuation is not insurance; it is simply a tariff-based level of motor carrier liability.
  • There are three different valuation options to choose:
    • Released Rate Liability – Basic Coverage
      With this type of valuation, the maximum liability for loss or damage to any of your belongings is 60 cents multiplied by the weight of the article. This is the basic liability level and is provided at no charge to all moves.
    • Full-Value Coverage
      Under this protection plan, if your articles are lost or damaged while in our care, they will either be repaired or replaced with like items, or a cash settlement will be made for the current market replacement value, regardless of the age of the thing.
    • Items of “Extraordinary Value”
      “Articles of extraordinary value” refers to items having a value of more than $100 per pound. All “articles of extraordinary value” in your shipment must be listed on the High-Value Inventory form (this form will be given to you by your salesperson). Following is a partial list to help you identify items that might fall under this classification: furs, grand pianos, art collections, crystals, figurines, antiques, Oriental rugs, china, and silverware.