Seattle: 206-495-0760 | Eastside: 425-450-0808 | Portland: 503-445-0880 | Columbia: 803-497-9950 1-877-611-0808 MENU LOCAL VALUATION COVERAGE REQUEST A QUOTE home > Seattle Moving Insurance Company > Local Valuation Coverage Household goods carriers must assume liability for the value of the goods they transport. The amount of liability a carrier must assume depends on the level of valuation protection selected by the customer. The customer makes this selection by initiating the appropriate line on the bill of lading issued by the carrier. The carrier’s liability responsibility for loss and damage is to the customer regardless of any cargo insurance policies it may have. The customer-declared value determines what the carrier’s legal liability will be in case of loss or damage. In lieu of declared value, the value of a household goods shipment will be based on the weight or constructive weight of the shipment. Before providing service, carriers must require customers to state in writing on the bill of lading either the declared value of the shipment in cents per pound or a lump sum value for the entire shipment. For the purposes of valuation, the phrases “weight” & “constructive weight” are used interchangeably. For distance moves the “weight” of the shipment is determined by recording the actual weight. For hourly rated moves the “weight” of the shipment is determined by recording the constructive weight. “Constructive weight” is calculated by multiplying 7 pounds times each cubic foot of space used in the moving vehicle. There are three valuation options from which the customer may choose to determine the liability the carrier must assume for loss & or damage. Each option has a different cost to the customer & represents a different level of carrier responsibility. The customer has the following valuation protection options, & must, on the face of the bill of lading contract select one of the options. The carrier must not load the customer’s goods until such time as the customer selects an option and makes the appropriate notation on the bill of lading contract. OPTION A – LIMITED LIABILITY As a licensed common carrier, we are required to provide Limited Liability coverage at no charge to the customer. Under this option, maximum limited to $0.60 per pound per article, in event of loss of damage. OPTION B – FULL VALUE PROTECTION – $300 DEDUCTIBLE JORDAN RIVER Full-Value Protection provides the highest level of coverage for your personal possession. After the $300 deductible is applied the coverage will guarantee either, replacement of articles lost or damaged while in carrier’s custody, reimbursement for full replacement cost (as determined by current market value), or repairs to a damaged item to the extent necessary to restore the item to the same condition as when received by carrier from the shipper. The action taken will be determined by whichever means cost less. This option provides full value coverage less $300 deductible for the customer and a maximum carrier liability up to the declared value or $5.00 times the weight of the shipment, whichever is greater. $11.50 per $1,000 OPTION C – replacement cost coverage, with no deductible – The same as above, the rate is $14 per $1,000. Please note the following applies to all options b & c *** The minimum declared shipment value under Full Value Protection – $300 deductible (option B, C), is $20,000. Although the minimum is necessary to purchase options B or C, it may not be all you need. It is the customer’s responsibility to choose the proper amount of coverage, if the full-declared shipment value is not taken, a penalty will be incurred based on the ratio between actual cash value and the declared shipment value. Example if $32,000 worth of goods were moved, yet only $16,000 worth of coverage was purchased, the payment for any damages would be adjusted downward by one-half ($16,000/$32,000). IMPORTANT NOTE: Valuation coverage is not insurance. Valuation is a tariff level of carrier liability in the event of loss or damage of your goods while under due course of transit by Jordan River. This type of coverage is unique to carriers alone and therefore it is important for the customer to understand what valuation does and does not cover. The coverage afforded above does not apply to: Act of God (earthquake, flood, tornado, etc.) Hostile warlike action, or acts arising from riots, civil commotion, strikes, or labor disturbances. Any article of extraordinary nature of value, Antiques, fine art, painting, statuary, and similar articles, which by their inherent nature cannot be replaced with new articles; or articles whose age or history contribute substantially to their value. This includes, but is not limited to: memorabilia, souvenirs, and collector’s items. Unless a special agreement has been stipulated to do so. Including, but not limited to jewelry, furs, stocks, bonds, cash, antiques, and art collection. Any article of extraordinary nature/value must be identified separately on an inventory that must be included with the bill of lading. Loss or damage resulting from wear and tear, moths or vermin, dampness or atmosphere or extremes of temperature. Acts of omissions of the shipper such as neglecting to prepare for time of the move. Internal electric, LCD/Plasma TV’s or mechanical item, whether packed or unpacked by Jordan River or the shipper. Loss or damage consisting of breakage to fragile items, such as china, glassware, etc., unless packed by Jordan River or unless caused directly by fire, theft, collision, or overturn or transport vehicle. JORDAN RIVER will not be responsible for any damage to or items within PBO boxes or any press wood furniture. Let us Help You Move REQUEST A QUOTE Jordan River Moving & Storage GET IN TOUCH Seattle/Main Office 13513 NE 126th PL, STE A Kirkland, WA 98034 1-877-611-0808 Vancouver/Portland Office 5305 NE 121st Ave, STE 310 Vancouver, WA 98682 1-877-993-5114 South Carolina Office 1130 Bluff Industrial Blvd Columbia, SC 29201 1-803-369-3191 New York Office 728 E 136th St, Ste 6V Bronx, NY 10454 1-212-960-8682 HOURS OF OPERATION Mon – Fri: 9am to 7pm Saturday: 9am to 5pm QUICK LINKS Professional Moving Services Company Moving Service: Local Moves Moving Service: Cross-Country Moves Moving Service: Office Moves Moving Service: Overseas Moves Packing Services Storage Seattle Moving Insurance Company Local Valuation Coverage Cross Country Coverage MovingInsurance.com TGI Moving Insurance Moving Tips LEGAL ICC MC No: 391125C DOT No: 901418 JRE – DOT :3212093 Local WA: HG-11884 Local OR ODOT: 098138 Local SC: PSC/ORS 9853 Local NY: JRE NYSDOT : T-40520 International: NVOCC-021419N DMCA PROTECTED Certified by: Jordan River TrackerFollow Jordan River Tracker@JordanRiver_LLC·26 Apr Asi will be delivering 100410290 and 100399442 tomorrow in Texas. Pierre will be delivering 100406209 tomorrow in Hampton Falls, New Hampshire. David will be delivering 100411330 tomorrow in Scottsdale, Arizona. Reply on Twitter 1386757422014812160 Retweet on Twitter 1386757422014812160 Like on Twitter 1386757422014812160 Twitter 1386757422014812160 Jordan River Tracker@JordanRiver_LLC·23 Apr Asi will be delivering 100408405 tomorrow in Albuquerque, New Mexico. Pierre will be delivering 100407298 this weekend in Chicago, Illinois. Reply on Twitter 1385670237039644674 Retweet on Twitter 1385670237039644674 Like on Twitter 1385670237039644674 Twitter 1385670237039644674 Copyright © 2021 Jordan River Moving & Storage | All Rights Reserved Apartment House Size Studio, 2000 lbs Studio, 2450 lbs 1 Bedroom, 2940 lbs 1 Bedroom, 3850 lbs 2 Bedroom, 4550 lbs 2 Bedroom, 6300 lbs 3 Bedroom, 7700 lbs 3 Bedroom, 8750 lbs 4 Bedroom, 9800 lbs 4 Bedroom, 11200 lbs Over 11300 lbs