
Full Protection
This is the most comprehensive option. If an article is lost, destroyed or damaged while in TEU's possession, we will repair the item, replace the item, or make a cash settlement. The value of this coverage must be assessed at a minimum of $6 per pound, but may be increased if you feel this value is insufficient. When a total value has been determined multiply that figure by $8 per $1,000 of value for the $250 deductible level, or multiply by $5 per $1000 of value for the $500 deductible level, and that will be the cost of this comprehensive option. The minimum declaration of value for any shipment is $25,000.
For example, a family is moving a 4 bedroom home estimated to weigh 10,000 pounds. The minimum coverage for their entire shipment is $60,000. They decide this total valuation to be sufficient, and choose the $500 deductible level. We then multiply $5 by 60 to calculate their cost of Full Value Protection to be $300.
Please contact us if your Declared Value exceeds $50,000