What is Declared Value Protection?
Declared Value Protection (DVP) provides for reimbursement for any lost or destroyed item at its depreciated value, up to the dollar amount you declare as the total value of your possessions. Minimum valuation under this plan is $1.25 times the weight of the shipment. Here, if your belongings were damaged beyond repair, you would receive actual cash (depreciated) value for each item, up to the total amount declared as the value of your shipment.
