Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is transit/cargo protection and is there a cost for it?

cargo COST transit
0
Posted

What is transit/cargo protection and is there a cost for it?

0

The basic mover’s standard liability is included in the cost of the move. It is limited to 60 cents per pound and per article. Most homeowner insurance policies do not cover goods in transit. For customers who would like additional protection, Atlas offers a full replacement protection plan at a reasonable premium cost. This plan provides a minimum coverage of $5 per pound times the weight of your shipment. You can, however, declare a higher value if you feel it is necessary. A good rule of thumb in today’s market is coverage in the range of $8 to $9 per pound. Ask your insurance broker for guidance on the value you should place on your goods. Items of exceptional value should be declared separately. Have a current, written appraisal to substantiate any claims for loss or damage. A separate declaration should be made for motorized vehicles being transported. Protection coverage on automobiles, snowmobiles, boats, motorcycles, and other vehicles is limited to the current market value at

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123