Valuation Options: Household Goods
Capitol
Moving & Storage can protect your goods against loss or damage while
in transit. We offer several valuation options that can meet your specific moving
needs. The amount of protection you have and its cost depend upon the
"United valuation" program you choose - Full Value Coverage or Depreciated
Value Coverage.
The valuation option you choose determines the basis upon which any claim will be adjusted and the maximum liability of United. The liability of a carrier for loss or damage is based upon the carrier's tariffs, as well as 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. If you desire protection afforded by an insurance policy you should see your insurance company representative about available coverage.
All articles of "extraordinary value" (items having a value of more than $100 per pound) in your shipment must be listed on the High-Value Inventory form which will be given to you by the Moving Consultant. Articles of extraordinary value might include jewelry, furs, art, coin collections and silverware. In the event of a claim, any settlement regarding an article of extraordinary value limit to the value of the article, not to exceed the declared value of the shipment, based upon the United valuation program applicable to your shipment. If such an article is not listed on the form, the carrier's liability is limited to $100 per pound per article. Shipments with a released rate liability of 60 cents per pound per article are excluded from this High-Value Inventory provision.
For more information, download the Valuation
Brochure [PDF]