PROTECTION PLANS

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There are two valuation protection options available for shipping household effects.

Released Rate Liability

• With this option, the Carrier's maximum liability is $0.60 per pound per article in the event of loss or damages.
• The value of the article has no effect.
• If the article is packed in a carton, the maximum settlement is based on the weight of the appropriate size carton x $0.60/lb.
• All weights are determined using a standardized weight chart approved by the Federal Government.
  Example: If a chair with an actual present value of $250.00 and a weight of 20 lbs. is damaged and/or lost, the maximum settlement will be: $12.00 (20 lbs. x $0.60 = $12.00).

Replacement Value Protection

• With this option, the Carrier's maximum liability is the lump-sum value declared on the shipment.
• This maximum would only be paid in the case of a total loss.
• The Carrier agrees, if there is loss or damage sustained while in its custody, to pay the full cost of repair, or if repair is not possible, replacement without deduction for depreciation.
• Any items not purchased or currently purchasable in the commercial market of North America will be settled at their appraised value.
• If a cash settlement is preferred, the carrier is limited to the cost of repair (if repairable) or the depreciated value of the item.
• Each article is assessed individually.
• The carrier reserves the right to salvage any item that is replaced or cash settled in full.
  Example: If a chair with an original purchase value of $250.00 is found to be irreparably damaged or lost it will be replaced at today’s purchase value.
• RVP coverage does not cover the following:

Click here to see Exceptions to Liability
Click here to see Notice of Claim
Click here to see Shipper Responsibility