Dallas Movers

Section 3: Dallas Movers Valuation

A. Released Value: This is the most economical protection option available. This noadditional-

cost option provides minimal protection. Under this option, the Dallas Movers  assumes

liability for no more than 60 cents per pound ($1.32 cents per kilogram), per article. Loss or

damage claims are settled based upon the pound (kilogram) weight of the article multiplied

by 60 cents per pound ($1.32 cents per kilogram). For example, if your Dallas Movers lost or

destroyed a 10-pound (4.54-kilogram) stereo component valued at $1,000, your Dallas Movers

would be liable for no more than $6.00. Obviously, you should think carefully before

agreeing to such an arrangement with the Dallas Movers. There is no extra charge for this minimal protection, but

you must sign a specific statement on the Dallas Movers bill of lading agreeing to it.

B.Dallas Movers  Replacement – Full Value Protection (FVP)

Under this option, the Dallas Movers is liable for the replacement value of lost or damaged goods

(as long as it doesn’t exceed the total declared value of the shipment). If the shipper elects

to purchase full value protection, and the Dallas Movers loses, damages or destroys the articles,

then the Dallas Movers must repair, replace with like items, or settle in cash at the current market

replacement value, regardless of the age of the lost or damaged item. The minimum

declared value of a shipment under this option is $5,000 or $4.00 times the actual total

weight (in pounds) of the shipment, whichever is greater. For example, the minimum

declared value for a 4,000-pound (1,814.4-kilogram) shipment would be $16,000. The

Dallas Movers may offer you FVP with a $250 or $500 deductible or with no deductible at all.

 

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