Fully Licensed & Insured
PROTECTING YOUR VALUABLES
Loss and Damage Liability (Valuation)
The household goods moving industry generally provides two programs for determining carrier liability, both of which consider depreciation in calculating claims settlements. In addition, most major van lines like Meyer's/Mayflower offer full-value protection programs which do not incorporate depreciation as a factor in determining replacement value. The program which you select will determine Meyer's/Mayflower's maximum liability to you for your shipment. However, please remember that valuation is not insurance. Valuation is a tariff-based level of motor carrier liability. If you desire the kinds of additional protection afforded by insurance coverage, you should contact your insurance company.
FULL REPLACEMENT VALUE - MEYER'S/MAYFLOWER'S "GREEN LIGHT GUARANTEE"
Plan B. Full Replacement Value with a $300 deductible. Under this option, a $300 deductible will apply on damage claims. You are still protected from the first dollar of loss due to documented missing items. Because you share in the potential liability of any claim, the cost for Plan B, full Replacement Value with a $300 deductible is available to you at a lower cost. Your Mayflower agent can provide you with the cost for this valuation option. Except for application of the $300 deductible on damage claims, you will have the same protection under Plan B as you have under Plan A.
DECLARED VALUE PROTECTION
Under this option, for example, Meyer's/Mayflower's maximum liability for an item lost or damaged weighing 70 pounds would be $42.00 (70 pounds x 60 cents = $42.00). Depreciation is also considered by Meyer's/Mayflower when determining a settlement amount. This option is very basic and is used most frequently when other insurance which may respond to a loss is available – for example, homeowner's insurance applicable to a move – or by corporations that have blanket coverage for their employees.
At the time your shipment is delivered, it is your responsibility to check each item that is delivered against those items listed on your inventory. Check each item for damage that did not exist when the shipment was loaded. If there is additional damage, make a record of that damage on the delivery inventory. Mayflower will only consider a claim for a missing item as "documented" when a record is made by you on the delivery inventory that an item has not been delivered.
The driver who handles your shipment is instructed to allow you sufficient time during delivery to inspect your goods and to record any exceptions on the delivery inventory. If, for any reason, you are not given opportunity to inspect your goods and make exceptions, contact Meyer's/Mayflower's Customer Service Department during delivery.
ITEMS OF EXTRAORDINARY VALUE
Because Meyer's/Mayflower's liability for your shipment is limited to the written declaration of value which you place on the Bill of Lading, you should include the value of all items, including all items of extraordinary value, in the total amount of released value which you declare for your goods. Please note that protection for items of extraordinary value is not available for shipments which are released to Meyer's/Mayflower at a value of 60 cents per pound per article (Carrier's Liability option).
Hazardous Materials – items that are flammable, corrosive or explosive.
*For shipments moving less than 150 miles and delivered shortly of pickup, carriers may agree to transport perishables that are properly packed and require no servicing in transit. Note: You should empty your refrigerators and freezers and keep appliance doors open for at least 24 hours in advance of loading. This will allow the appliance to dry out and prevent the growth of mold.
Items of Personal Importance/Sentimental Value – this third category of "non-allowables," while not representing a physical threat, can create problems, should your shipment be delayed or items lost. The impact of a loss or delay can be lessened if irreplaceable, sentimental items are carried with you and not packed with your shipment.
New York Moving | New Jersey Moving | NYC movers | Local moving | Long distance movers | International moving |
Commercial & office movers | Art movers | Car shipping | Professional movers | Storage company | Low cost moving |
Moving estimate | Commercial moving estimate
New York Moving Company, Meyers Moving and Storage, your NYC movers, New Jersey movers of choice. For residential, home and apartment moving, commercial and office moving, local, long distance and international moving choose Meyers Moving & Storage, one of the largest, and most reputable moving companies in the east coast. Meyer's specializes in moving Americans from NJ, NY and from many other east coast locations.
© 2002-2004 Meyer's Moving and Storage Inc. All rights reserved.
Republication or redistribution of Meyer's NY & NJ Moving and Storage content is expressly
prohibited without the prior written consent of Meyer's Moving and Storage.
Meyer’s Moving & Storage is fully licensed and insured by all the proper authorities: US DOT# 125563, NY DOT# T11162, NJ PUC# PM00691, ICC# MC-2934